NewsBrief June 26, 2023 Behind the Gavel: Benoît Repellin of Phillips Shares His Passion for the Job As the company’s new global jewelry head, he’s managing not just the auction house’s offerings, but thousands of appreciative Instagram followers. India’s Prime Minister Gifts Lab-Grown Diamond to US First Lady Presentation of 7.5-carat, green stone earns praise from GJEPC. Christie’s Paris Jewelry Sale Yields Highest-Ever Result Kashmir sapphire weighing 7.58 carats fetches $1 million — more than double its upper estimate. Market Comment US and Chinese demand for polished above 0.30 ct. weak and causing slowdown in 0.75 ct. and larger rough. Trending Stories Lightbox Starts Selling Engagement Rings with Lab-Grown Diamonds De Beers Mulls Its Partners’ Changing Expectations Pushing the Boundaries of Fine Jewelry: Dyne Events Rapaport Single Stone Auction June 27 – July 10 New York & Israel More Details Rapaport Melee Auction July 18-27 New York & Dubai More Details Rapaport Single Stone Auction July 24 – August 2 New York & Israel More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1575 0.39% -0.73% -2.53%  0.50 ct 2417 -0.32% -3.18% -22.78%  1.00 ct 6945 0.07% -2.00% -23.77%  3.00 ct 23673 -0.25% -0.81% -15.72% Rapaport Investment Grade Diamonds

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