NewsBrief July 18, 2024 Kiran Gems’ Sister Company Grows Synthetic Diamonds Mehul Vaghani, cofounder and director of Kira Diam — which claims to be the world’s largest CVD producer — gives his take on the market. Richemont Sales Slide Amid Challenging Asia Market Jewelry segment up 2% even as overall revenue falls. ‘Recycled Gold’ Redefined, and This Week’s Other News Members of the editorial team pick their favorite pieces from the internet. Petra’s Sales Improve Amid Increase in Rough Offered Ramp-up at Williamson mine and postponement of earlier tender boosted availability of goods. Trending Stories Temporary Shutdown Dents Rio Tinto Output Beyond Prince Harry: Securing Botswana’s Diamond Legacy Titan Sales Sluggish Amid High Gold Prices Events Rapaport Melee Auction July 16-25 New York & Dubai More Details Rapaport Single Stone Auction July 31 – August 7 New York & Israel More Details Rapaport Melee Auction August 14-22 New York & Dubai More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1,127 -1.12% -9.71% -27.51%  0.50 ct 1,806 -1.40% -8.49% -22.55%  1.00 ct 5,044 -1.80% -7.10% -25.92%  3.00 ct 19,249 -1.12% -5.02% -17.65% Rapaport Investment Grade Diamonds

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