The Conversation (0)
Rapaport reported that Martin Rapaport, chairman of Rapaport Group, has put out an editorial on synthetic diamonds in which he lays out the measures the diamond industry should take in order to “ensure the integrity of diamonds and the diamond trade.”
Rapaport reported that Martin Rapaport, chairman of Rapaport Group, has put out an editorial on synthetic diamonds in which he lays out the measures the diamond industry should take in order to “ensure the integrity of diamonds and the diamond trade.”
As quoted in the market news:
Rapaport defines the 4-D’s: Differentiation, Detection, Disclosure, and Documentation, and calls upon the trade to sample test diamonds before delivery to retailers. He says, while documentation on invoices stating that diamonds are natural is important, it is not sufficient. Trust without verification is unacceptable and dangerous. Rapaport calls on the diamond mining sector to increase consumer education about natural diamonds so that they may be properly differentiated from synthetics.
Click here to read the full Rapaport report.
Click here to read Martin Rapaport’s editorial.