Low expectations for next week’s Hong Kong show, with fewer suppliers and buyers attending due to ongoing demonstrations. Dealers hoping polished trading will improve as US holiday season approaches. Rapaport calls for $1B industry-wide marketing campaign for engagement rings, including $500M matching funds from mining companies. Signet 2Q bridal sales -4% to $560M, Tiffany engagement jewelry -3% to $277M. CIBJO urges jewelers to focus on environmentally conscious, gender-neutral Gen Z-ers (ages 15 to 25). Midstream inventory declined due to reduced manufacturing. Alrosa Aug. rough sales -36% to $180M. Rapaport announces first Estate Jewelry Auction, Nov. 3-7, in New York.