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

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

TSXV gold producers' output growth for Q4/25 mixed

January 19, 2026 / www.canadianminingreport.com

Rising metals price volatility over past month

January 12, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok