NewsBrief October 24, 2023 De Beers to ‘Progress’ WDC Protocol on Russian Diamonds De Beers has put its weight behind the World Diamond Council (WDC) plan for sidelining Russian goods amid continued controversy over the competing proposals. 20ct. Pink Diamond Could Fetch $16.5M at Phillips November sale also features jewelry from Fred, Bulgari and other top houses. This Holiday, Expect Shoppers to Spend More – and Earlier Average outlay on gifts will be 5% above last year, NRF projects. Sotheby’s to Offer 104ct. Yellow Diamond in Geneva Auction house expects Love Stone to fetch up to $4.1 million. News Digest 1 in 3 Jewelers Says Their Shops Are Running at ‘Extreme’ Levels of Output (Instore) A Dimmer Diwali: Conflicts Abroad Hit Surat Diamond Workers’ Business (The Indian Express) NWT Diamond Production ‘Reaches New High’ in Latest Figures (Cabin Radio) Events Rapaport Single Stone Auction October 17-31 New York & Israel More Details Rapaport Melee Auction November 14-22 New York & Dubai More Details Rapaport Single Stone Auction November 21-29 New York & Israel More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1,401 -0.16% -2.24% -5.08%  0.50 ct 1,908 -0.28% -4.23% -30.64%  1.00 ct 5,924 -0.22% -4.07% -25.24%  3.00 ct 21,996 -0.36% -1.44% -14.39% Rapaport Investment Grade Diamonds

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