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March Newsletter

March 2023
This Month's Feature
Email us for information! 

Spring Has Sprung!

The sun is starting to peek out, flowers are blooming and our bright diamonds are here to match the mood! We are also starting to think of April, in preparation for diamond month. Are you ready, do you need extra stock?

Hong Kong Strong

Did you attend the Hong Kong Show? We did and it felt like many others did as well! Along with strong attendance, we saw strong pricing on good make yellows. Overall, a positive show, and excitement in being back.
Top Stories in Diamond News
De Beers Lifts Prices of Its Smallest Rough Diamonds
By Rapaport News
De Beers has increased prices of small rough diamonds for the second consecutive sight, as a combination of demand and supply factors has created a hot market for the category. Prices for tiny stones rose by around 10% on average at this week’s trading session, with sharper advances in certain segments, customers and insiders estimated Monday. The changes were mainly for minus-7 sieve sizes, which weigh about 0.03 carats, across a range of qualities. De Beers declined to comment. Continue Reading
Gem Diamonds Unearths 122ct. Rough from Letšeng
By Rapaport News
Gem Diamonds has recovered a 122-carat rough from its Letšeng mine in Lesotho, its first 100-carat-plus stone this year. 
The miner discovered the “exceptional-quality,” D-color, type IIa diamond on March 5, it said Monday. Continue Reading
26ct. Diamond Ring to Hit Auction Block for $500K
By Rapaport News
A 25.80-carat diamond ring will take center stage at an upcoming sale at John Moran Auctioneers, where it is estimated to fetch up to $500,000. The piece is one of 85 items from the estate of Lady Leslie Ridley-Tree that the California-based auction house will present on March 29, it said Tuesday. Other lots from the collection include large diamonds and gemstones from popular designers such as Van Cleef & Arpels, David Webb, Tiffany & Co., Henry Dunay, and Boucheron. Continue Reading




For over 50 years Rio Diamond has focused on providing clients with the standard of service needed for your diamond requirements. From our beginning in 1969, we have upheld this standard. It’s a fundamental principle of who we are and will continue to be. We believe it makes a difference to our clients.

Whether online or a one-on-one meeting with a Rio Diamond representative. We make it a priority to give you the same level of service that our company believes in and has practiced for so many years.

To all our current, and future clients, we thank you for being with us throughout this journey. Please don't hesitate to reach us. You can view our range of diamonds by making an in-person appointment or registering at RioDiamond.com