NewsBrief November 29, 2022 Christie’s Garners $46M from Hong Kong Sale Diamond necklace leads auction with price of $5.9 million. LVMH Acquires Italian Jewelry Producer Takeover of Pedemonte Group will boost Bulgari owner’s manufacturing capacity. Secondhand Watches Are in Big Demand. Is the Surge Sustainable? Pre-owned timepieces are beating jewelry at auction and outselling hard-to-get newer models. Petra Diamonds Sees Rough Prices Dip 5% Weak Chinese market dented demand at latest tender. News Digest Diggers in South Africa’s Deserted Mines Break Law, Risk Lives (NPR) Lab-Grown Diamonds Woo China’s Gen Z (Jing Daily) Here’s What Sold Best for Instore’s Brain Squad in October (Instore) Events Rapaport Single Stone Auction November 22 – December 5 New York & Israel More Details Rapaport Jewelry Auction November 28-30 New York & Online More Details Rapaport Quarterly Pawnshop & Melee Auctions December 12-22 New York & Dubai More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1462 -0.43% -0.64% -7.78%  0.50 ct 2676 -0.76% -2.32% -9.36%  1.00 ct 7665 -0.43% -3.12% -4.25%  3.00 ct 25193 -0.28% -1.98% 3.68% Rapaport Investment Grade Diamonds

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