NewsBrief February 6, 2024 GIA Helps in Recovery of Stolen Diamonds Worth Nearly $475K The Gemological Institute of America (GIA) identified two diamonds, each over 4 carats, that had been stolen from a home in Colorado. Sotheby’s Scores over $6M at Hong Kong Jewelry Auction Sapphire and diamond ring is top seller, surpassing its high estimate. Lower Average Price Dents Gem Diamonds Sales Annual revenue falls amid weak demand for rough. RJC Board Approves Two Nominees for Chairman Former World Diamond Council head Edward Asscher or Richline CEO Dave Meleski will take on role. Trending Stories Kiran Gems Reopens Mumbai Office Why China’s Diamond Market Is in Dire Straits Diamond Industry Gears Up for Tighter Controls Events Rapaport Single Stone Auction February 7-14 New York & Israel More Details Rapaport Melee Auction February 13-22 New York & Dubai More Details Rapaport Single Stone Auction February 28 – March 6 New York & Israel More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1,422 0.21% 0.07% -7.54%  0.50 ct 2,032 0.16% 1.89% -23.93%  1.00 ct 6,035 0.05% 0.68% -19.04%  3.00 ct 22,093 0.36% 0.41% -10.63% Rapaport Investment Grade Diamonds

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