Rapaport Press Release: Rapaport Group Reaffirms Commitment to Natural Diamonds and Announces Official Policy Excluding Synthetics

NEW YORK--(BUSINESS WIRE)--Dan Mano, CEO of the Rapaport Group, has announced a definitive policy reaffirming the company’s exclusive commitment to natural diamonds and its clear position against supporting synthetic (“lab-grown”) diamonds.

Rapaport Natural Diamond Policy, shared with Rapaport’s global team and released externally, establishes a clear line in the market: Rapaport will exclusively support natural diamonds and will not engage with or promote synthetic alternatives.

“Rapaport has spent over four decades building the integrity and trust that sustain the natural-diamond market, and we will not put that at risk by endorsing manufactured alternatives,” said Mano. “Our responsibility is to preserve the credibility of the market, and the confidence consumers depend on.”

The company emphasized that natural diamonds represent authenticity, rarity and enduring value — qualities that form the foundation of consumer trust and the global diamond trade. In contrast, synthetics are mass-produced products that do not share the same intrinsic or long-term value characteristics.

The newly issued policy reinforces Rapaport’s long-standing role as a steward of transparency and integrity within the diamond industry. It also calls on members of the trade to maintain clear and honest disclosure practices regarding synthetic stones. If companies choose to deal in synthetic diamonds at all, they should not be sold alongside natural diamonds but clearly relegated to the category of imitation and non-natural products such as zirconia, moissanite, and crystals.

As part of this reaffirmation, Rapaport underscored that its platforms, pricing systems, and services would remain dedicated solely to natural diamonds, ensuring clarity in market positioning and protecting the distinction between natural and manufactured products.

“Rapaport supports one market only: natural diamonds,” Mano concluded. “Their rarity, integrity, and inherent value are not just industry foundations — they’re the reason our industry exists.”

This position reaffirms the longstanding stance of Martin Rapaport — who transitioned to the role of Chairman of the Rapaport Group’s board at the beginning of 2025 — reinforcing the organization’s continued commitment to its core principles.

About the Rapaport Group

The Rapaport Group is an international network of companies providing added-value services that support the development of ethical, transparent, competitive and efficient diamond, gems and jewelry markets. The group has more than 20,000 clients in over 120 countries. Group activities include Rapaport Information Services, providing the Rapaport benchmark Price List for diamonds, as well as research, analysis and news; RapNet, the world’s largest online diamond- and gemstone-trading marketplace, with over $8 billion in daily listings; and Rapaport Trading and Auction Services, the world’s largest recycler of diamonds. Additional information is available at www.rapaport.com.