NewsBrief May 2, 2023 Polished Diamond Prices Decline in April Diamond prices slipped due to sluggish demand in the US and China, the two largest markets for diamond jewelry. Hong Kong Recovery Buoys Swiss Watch Exports March shipments to municipality up 62% year on year. Zales to Debut Lab-Grown Diamond Jewelry Rental Initiative will initially be available in 28 stores before expanding over the summer and fall, Signet noted. Gem Diamonds Revenue Shrinks Amid Dearth of Large Stone Miner sells seven diamonds for more than $1 million each, compared to nine a year ago. News Digest Nazi Cloud Hangs Over One of the Largest Jewelry Sales in History (The New York Times) Thoughts on Trade Shows, Lab-Grown Diamonds and More (Instore) The Best Jewelry at the Met Gala 2023 (Town & Country) Events Rapaport Jewelry Auction May 9-11 New York & Online More Details Rapaport Melee Auction May 9-17 New York & Dubai More Details Rapaport Single Stone Auction May 17-30 New York & Israel More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1609 0.41% 0.32% -0.45%  0.50 ct 2572 -0.83% -2.33% -18.92%  1.00 ct 7157 -0.95% -2.39% -22.84%  3.00 ct 24052 -0.08% -1.17% -15.10% Rapaport Investment Grade Diamonds

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