NewsBrief November 26, 2024 Alrosa to Reduce Production and Staff Amid Market Challenges Russian diamond miner Alrosa will cut its output for 2025 and lay off staff, as sanctions have continued to compound the effects of weak rough demand, according to media reports. AWDC Calls Out Belgium Bank for Releasing Incorrect Diamond Data NBB report lists import and export figures more than three times lower than actual, organization says. Younger Shoppers Most Likely to Gift Jewelry for Holidays Some 30% of 18- to 24-year-olds favor this category, according to NRF survey. Luk Fook Warns First-Half Profit Down by 50% High gold prices increased costs and impacted sales. Trending Stories Indian Gov’t Hosts Meeting to Establish Terminology for Lab-Grown $8M Blue-Diamond Ring to Hit Block at Christie’s EU Blasts KP Chair’s Comments, Plenary’s Lack of Progress Events Rapaport Single Stone Auction November 17 – December 5 Dubai, Israel & New York More Details Rapaport Quarterly Pawnshop & Melee Auctions December 9-19 New York & Dubai More Details Rapaport Single Stone Auction December 11-25 New York, Dubai & Israel More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1,034 0.45% 1.40% -26.43%  0.50 ct 1,664 0.00% 1.29% -13.86%  1.00 ct 4,618 0.15% 0.31% -22.48%  3.00 ct 18,184 -0.69% -0.19% -17.65% Rapaport Investment Grade Diamonds

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