NewsBrief July 24, 2023 US Imposes Sanctions on New Alrosa CEO The US Department of State has extended its sanctions to include new Alrosa CEO Pavel Marinychev, the latest move in its mission to curb Russian access to finances in the war against Ukraine. De Beers Sales Fall Amid Slow Trading Rough-price index declined 2% in first half of 2023. Hong Kong Recovery Buoys Swiss Watch Exports Shipments to municipality up 46% year on year in June. Market Comment: What’s Next for the American Market? Diamond prices falling following De Beers’ sharp reduction of rough prices in many categories. Trending Stories A Rough Overhaul: Russia, Botswana, and Excess Supply Podcast: Dispatches from the Lab-Grown Symposium Castello & Rossi’s Founding Duo on Finding the Perfect Piece Events Rapaport Melee Auction July 18-27 New York & Dubai More Details Rapaport Single Stone Auction July 24 – August 2 New York & Israel More Details Rapaport Melee Auction August 15-23 New York & Dubai More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1550 -0.48% -1.57% -1.33%  0.50 ct 2295 -1.77% -5.18% -24.48%  1.00 ct 6752 -0.94% -2.82% -24.03%  3.00 ct 2397 0.03% -0.81% -15.02% Rapaport Investment Grade Diamonds

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