TAGS Sells $30m of Rough amid 'Extraordinarily Strong Demand'

By John Jeffay / June 23, 2021 / www.idexonline.com / Article Link

(IDEX Online) - A rough tender held in Dubai last week raised around $30m, with all 18,655 carats sold, said Trans Atlantic Gem Sales (TAGS).All qualities and sizes were in "extraordinarily strong demand", it said, especially single stones and exceptional specials.First-time customers from Israel attended, as well buying teams for Indian clientele.TAGS said it achieved record pricing across all ranges of goods offered from South Africa, Namibia and Angola. Last month TAGS sold 45,000 carats of rough in Dubai for $18m - including Angolan "run of mine" and several +10.8-ct specials.Pic courtesy TAGS

Recent News

Uranium volatility after Russia's US export restrictions

November 25, 2024 / www.canadianminingreport.com

Gold stocks rebound on metal bounce and equity rise

November 25, 2024 / www.canadianminingreport.com

Crypto market size continues to catch up with gold

November 18, 2024 / www.canadianminingreport.com

Crypto stealing some of gold's thunder

November 18, 2024 / www.canadianminingreport.com

Gold stocks drop on metal price decline

November 11, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok