FORTNIGHTLY MARKET REPORT
Mumbai Market Has Eye on Hong Kong Show - There are many overseas and domestic buyers in the market and there is a clear demand for goods, but transactions have been slowed considerably due to the differences in asking and offering prices. The 5-7% increase in the price of rough diamonds at the February De Beers Diamond Trading Company (DTC) sight is the main factor in sellers’ insistence on higher polished prices.
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Jewellers Pin Hopes On Brighter Diwali

Post IIJS Premiere in August, where most exhibitors saw a good to decent demand for jewellery across categories, gold prices shot up through the roof touching an all-time high of R40,000 per 10 gram, then dipped to around R37,000 and at the time of going to print, has inched very close to its all-time high price.

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