Dubai Rough Tender Sells up to $40m

November 29, 2020 / www.idexonline.com / Article Link

(IDEX Online) - A rough tender in Dubai sold diamonds valued at $35m to $40m as optimism returned and traders from Israel were able to attend for the first time.The week-long Trans Atlantic Gem Sales DMCC (TAGS) socially-distanced sale took place earlier this month at the Dubai Diamond Exchange.  Almost all the 45,000 carats were sold.TAGS said it had received numerous new registrations from Israeli companies after the Abraham Accords signed in September normalized relations with the UAE.  There was also interest from India, UAE, Russia, China, and Belgium.TAGS, which host regular tenders and auctions on behalf of producers and small artisanal miners from South African, Namibia, and Angola, said almost all the stones on offer were sold to 42 buyers.

Recent News

Immediate trigger for crash was new Fed Chairman pick

February 02, 2026 / www.canadianminingreport.com

Gold stocks slump on metal price decline

February 02, 2026 / www.canadianminingreport.com

Is the gold market starting to turn 'irrationally exuberant'?

January 26, 2026 / www.canadianminingreport.com

Gold stocks explode up as equity markets languish

January 26, 2026 / www.canadianminingreport.com

Gold stocks outpace flat large caps

January 19, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok