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

June 23, 21 by John Jeffay

(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

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