NewsBrief March 21, 2024 Synthetic Diamonds in the Spotlight The synthetic-diamond segment is entering a new phase of development in the jewelry industry, focusing on fashion and branding. NRF Predicts Slowdown in US Retail Sales in 2024 Spending will reach between $5.23 trillion and $5.28 trillion, federation forecasts. De Beers Mulls Job Cuts, and This Week’s Other News Members of the editorial team pick their favorite pieces from the internet. Signet Revenue Slides Amid Lower-Value Sales Jeweler expects number of US engagements to be down by low to mid-single digits in first quarter. Trending Stories Sanctions Causing Shipment Delays in Antwerp, Traders Say Sotheby’s Single-Owner Sale Proves Not So Iconic US Sanctions Zimbabwe President for Diamond Smuggling Events Rapaport Melee Auction March 12-21 New York & Dubai More Details Rapaport Single Stone Auction March 20 — April 1 New York & Israel More Details Rapaport Melee Auction April 9-18 New York & Dubai More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1406 -0.11% -0.73% -12.46%  0.50 ct 2054 0.23% 0.85% -22.62%  1.00 ct 5985 0.15% -0.48% -18.83%  3.00 ct 21538 -0.54% -1.86% -11.73% Rapaport Investment Grade Diamonds

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