NewsBrief August 29, 2024 2,492ct. Diamond May Be Better Off Uncut, Says Lucara CEO The world’s second-largest diamond could retain more value if left in its rough form, according to the head of Lucara Diamond Corp., the miner that unearthed the 2,492-carat stone earlier this month. US Adds Alrosa-Owned Manufacturer Kristall to Sanctions List OFAC also names Moscow-based jeweler Miuz Diamonds, which belongs to Israeli billionaire Lev Leviev. How to Lose $100M, and This Week’s Other News Members of the editorial team pick their favorite pieces from the internet. Jewelers of America Unveils 2024 CASE Award Winners Recipients were chosen from over 120 entries in eight categories. Trending Stories Diamond Tech Companies’ Race to Trace Goods True Blue Alternatives to Sapphire Bulgari’s Most Lavish High-Jewelry Collection to Date Events Rapaport Quarterly Pawnshop Auction September 16-24 New York & Dubai More Details Rapaport Melee Auction September 17-26 New York & Dubai More Details Rapaport Single Stone Auction September 17 – October 1 New York, Dubai & Israel More Details The RapNet Diamond Index (RAPI™) is being revised due to elimination of diamond listings from China. These diamonds have been listed at low prices, with sellers demanding extra fees related to currency conversion. This week’s technical increase in RAPI indices does not reflect any sudden change in market conditions or prices. RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1,081 -1,78% -1.81% -27.28%  0.50 ct 1,773 -0.40% 0.41% -15.73%  1.00 ct 4,944 -0.22% -0.08% -23.22%  3.00 ct 18,969 -0.29% -0.40% -16.83% Rapaport Investment Grade Diamonds

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