NewsBrief September 4, 2024 Fraud and Forgery in the Spotlight at Latest GemTalks Session Counterfeit diamonds will be the topic of Rapaport’s next GemTalks episode, which will focus on how to avoid being duped by fake inscriptions. Rubies and Colored Diamonds Dominate Phillips Sale Pair of ear clips set to fetch up to $1.6 million. Bevilles Buoys Michael Hill Revenue in Challenging Market Group sales up 3.2% in first eight weeks of fiscal 2025. Sotheby’s to Offer Two 18ct. Flawless Diamonds D-color stones have high estimate of $5.2 million. News Digest Angola, Russia Working to Ensure Alrosa’s Operations in African Country, Says Ambassador (Sputnik Africa) In Venice, Your Diamonds Are Best Worn Backward (Vogue) Lab-Grown Diamond Prices Are Falling. Here’s Why That’s Not a Bad Thing (Robb Report) Events Rapaport Quarterly Pawnshop Auction September 16-24 New York & Dubai More Details Rapaport Melee Auction September 17-26 New York & Dubai More Details Rapaport Single Stone Auction September 17 – October 1 New York, Dubai & Israel More Details The RapNet Diamond Index (RAPI™) is being revised due to elimination of diamond listings from China. These diamonds have been listed at low prices, with sellers demanding extra fees related to currency conversion. This week’s technical increase in RAPI indices does not reflect any sudden change in market conditions or prices. RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1,052 -3.09% -3.96% -28.07%  0.50 ct 1,732 -2.40% -1.27% -15.49%  1.00 ct 4,848 -2.04% -1.48% -23.94%  3.00 ct 18,778 -1.17% -1.19% -17.57% Rapaport Investment Grade Diamonds

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