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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Christie’s Indian Jewellery Auction Earns $109.2 Million

The most anticipated jewellery and objects sale of the season, Maharajas & Mughal Magnificence, achieved a staggering total of $109,271,875 (R749 crore), auction house Christie’s reported.

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