Rapaport Auctions

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CORPORATE

Rapaport Auctions Reports Record September Sales  82,260 Carats 
 Sold for $14.3 Million

Rapaport Melee Diamond Index Up 3% to 126.37 in Q3
 October 10, 2012, New York: Rapaport Auctions,the largest auction market for recycled diamonds, reported strong activityforthe third quarter of 2012 with sales of 82,260cts.for $14.3 million. Melee prices stabilized, increasing 3% after a decline of 13% in Q2. Single stone sales were better than expected with steady demand from Israeli dealers.
“There has been a noticeable uptick in prices and trading volumefor small melee diamonds following a slow summer season.The recent strengthening ofthe Rupee and expectationsfor a reasonably good U.S. holiday season improved demand and stabilized pricesfor a broad range of commercial and promotional quality diamonds at popular price points.” said Ezriel Rapaport, Director of Rapaport Global Trading.




Upcoming Rapaport Auctions:
  • October 15 - 24, New York & Belgium (Melee)
  • October 17 - 24, New York & Israel (Single Stone)
  • November 14 - 21, New York & Israel (Single Stone)
To participate in Rapaport Auctions, companies are invited to visit: www.rapaportauctions.com, contact Auction Support via email: auctions@rapaport.comor calltheir local Rapaport office.

The Rapaport Group operates in compliance withthe U.S. Patriot Act and OFAC regulations and does not trade in diamonds from Marange, Zimbabwe.

About Rapaport Auctions: Rapaport Auctions provide an excellent opportunityforthe diamond trade to buy and sell diamonds at cash prices.The large quantities and wide variety of merchandise offered attract competitive bids from a broad range of local and international buyers. Rapaport Auctions is committed to addressingthe needs ofthe international diamond communityfor enhanced liquidity while presenting unprecedented buying opportunities.
Aboutthe Rapaport Group:The Rapaport Group is an international network of companies providing added value services that supportthe development of free, fair and competitive global diamond markets. Established in 1978,the Rapaport Diamond Report isthe primary source of diamond prices and market information. Group activities include publishing, research and marketing services, internet information and diamond trading networks, global rough and polished diamond tenders, diamond certification, quality- control, compliance, shipping, and financial services. Major activities ofthe group includethe development of marketsfor Fair Trade Diamonds and Jewelry as well asthe creation of diamond futures markets. Additional information is available at www.Rapaport.com.  

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