NewsBrief May 23, 2024 Five Market Trends to Watch Out for at JCK Las Vegas The most important event on the US jewelry calendar is around the corner, and exhibitors are hoping it will signal an upward trend in the market. Christie’s Could Cash In When $12M Pure-Pink Diamond Hits Auction Block 10.20-carat stone is most significant of its cut and color to be offered in 12 years, according to company. De Beers Looks to Long-Term Market Recovery Amid Drop in Sales Fourth-cycle total down 21% year on year and 15% from April. The New Bulgari Watch Collection, and This Week’s Other News Members of the editorial team pick their favorite pieces from the internet. Other Stories Michael Hill Warns of Lower-Than-Expected Sales Pinks Top Fancy-Color Price Index GIA Discovers ‘Ancient Text’ in CVD Diamond Events Rapaport Melee Auction May 14-23 New York & Dubai More Details Rapaport Single Stone Auction June 10-19 New York & Israel More Details Rapaport Breakfast at JCK: State of the Diamond Industry – Special Presentation by Martin Rapaport June 2 8-10 a.m. PDT Register RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1,302 -1.17% -3.33% -18.25%  0.50 ct 2,028 -0.14% -0.85% -19.28%  1.00 ct 5,662 -0.47% -2.59% -20.14%  3.00 ct 20,707 -0.66% -2.38% -13.24% Rapaport Investment Grade Diamonds

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