De Beers to Stick with Flat Pricing Rate for Lab-Grown

NewsBrief   September 19, 2023   De Beers to Stick with Flat Pricing Rate for Lab-Grown De Beers will keep prices linear for its Lightbox jewelry following experiments with different price points during its recent trial of lab-grown engagement rings. US Retail Sales Get Boost from Back to School Revenue up 0.6% year on year in August, says National Retail Federation.   Christie's Sets $50M Price Tag for Blue Diamond 17.61-carat stone is largest internally flawless gem of its color ever to appear at auction.   Two Jewelry Groups Launch Education Program for New Retailers Workshops from Jewelers of America and Black in Jewelry Coalition aim to help with setting up businesses. News Digest G7 to Launch Russian Diamond Ban in Bid to Curb Revenues (Reuters)   De Beers Suspends Venetia Operations After at Least 20 Die in Bus Collision (Daily Maverick)   After 2023 Wraps Up, Get Ready for a Spike in Marriage Proposals (CNN Business) Events Rapaport Single Stone Auction September 12-26 New York & Israel More Details   Rapaport Quarterly Pawnshop Auction September 18-27 New York & Dubai More Details   Rapaport Melee Auction September 19-29 New York & Dubai More Details RapNet Diamond Index (RAPI™) Diamond Data Size Index Weekly Monthly Y2Y  0.30 ct 1438 -0.76% -4.79% -5.25%  0.50 ct 2003 -1.25% -8.94% -30.56%  1.00 ct 6192 -1.31% -5.71% -25.79%  3.00 ct 22384 -1.34% -2.63% -15.31% Rapaport Investment Grade Diamonds

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