RapLab to Help Traders Detect Synthetic Diamonds

Rapaport reported that on December 2, RapLab, a Rapaport Group company, will begin providing diamond traders with synthetic diamond detection services. It plans to use technology developed by De Beers.

As quoted in the market news:

RapLab will provide testing for individual diamonds as well as implement statistical sampling protocols for parcels of diamonds.

‘RapLab synthetic diamond services will add confidence and support to the trade. It will ensure international buyers and their customers that the diamonds they purchase are natural. The Rapaport Group urges all members of the diamond trade to provide full disclosure when selling synthetic diamonds,’ said Joshua Kersh, the managing director of Rapaport Israel.

Click here to read the full Rapaport report.