NewsBrief May 7, 2024 Prices of Higher-Clarity Diamonds Continue to Fall RAPAPORT PRESS RELEASE, May 7, 2024, Las Vegas… The diamond market slowed in April due to seasonal factors as well as weak US and Chinese demand. Hong Kong Luxury Sales Slide in March Decrease was result of strong comparison with previous year, when tourism resumed following border reopening. Sotheby’s Paris to Auction Spanish Socialite’s Jewelry Sale will spotlight emeralds, diamonds, and pieces by Cartier, David Webb, Harry Winston, Bulgari, and Tiffany & Co. Pandora Gets Revenue Boost from Lab-Grown Expansion Sales from synthetic collection grew 87% and created a “halo effect” for jeweler’s other pieces. Trending Does Anyone Want to Buy De Beers? De Beers Lowers Production Plan Gem Diamonds Revenue Bounces Back Amid Demand Upswing Events Rapaport Single Stone Auction May 8-21 New York & Israel More Details Rapaport Melee Auction May 14-23 New York & Dubai 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 1,334 -0.53% -3.68% -17.29%  0.50 ct 2,043 0.17% -0.40% -20.34%  1.00 ct 5,721 -0.60% -3.99% -19.93%  3.00 ct 20,955 -0.53% -2.38% -12.63% Rapaport Investment Grade Diamonds

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