NewsBrief September 17, 2024 What’s Behind Contradictory Trends in the US Diamond Market? Steady retail demand doesn’t appear to be driving wholesale activity. Diamond Fraudsters Can’t Crack This One Thing Inscription forgery has improved but will never be perfect, says the GIA’s Dr. Wuyi Wang. Buccellati Exec to Head Board of New Richemont Jewelry Acquisition Gianluca Brozzetti will serve in an interim CEO role at Vhernier. Gübelin Opens New Laboratory in Thailand Bangkok location will offer a full range of services, but will focus on AI-driven Gem Passport. Trending Stories Gem Diamonds Continues Large-Stone Streak with 126ct. Rough Alrosa Digs Up 263ct. Rough from Mayat Mine Jewelers Upbeat at VicenzaOro as Dealers Face Price Declines Events Rapaport Quarterly Pawnshop Auction September 16-24 New York & Dubai More Details Rapaport Melee Auction September 17-26 New York & Dubai More Details Rapaport Single Stone Auction September 17 – October 1 New York, Dubai & Israel More Details The RapNet Diamond Index (RAPI™) is being revised due to elimination of diamond listings from China. These diamonds have been listed at low prices, with sellers demanding extra fees related to currency conversion. This week’s technical increase in RAPI indices does not reflect any sudden change in market conditions or prices. RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1,052 0.08% -3.71% -26.88%  0.50 ct 1,721 -0.54% -2.24% -14.19%  1.00 ct 4,782 -0.94% -2.18% -22.78%  3.00 ct 18,425 -0.74% -2.19% -17.80% Rapaport Investment Grade Diamonds

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