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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India’s 2017 Platinum Jewellery Demand +21% To 175koz

Global platinum jewellery demand slipped in 2017 as gains in other regions struggled to offset a decline in China, the World Platinum Investment Council (WPIC), a research firm backed by mining companies, said in its latest Platinum Quarterly report. Worldwide platinum jewellery demand fell 2% year-on-year to 2,460 koz in 2017, it noted.