• HOME
  • ABOUT US
  • NEWS
    • NEWS
    • GUEST ARTICLES
  • PUBLICATIONS
    • ENGLISH
      • LATEST ISSUE
      • ADVERTISE WITH US
      • SUBSCRIBE NOW
    • HINDI
      • LATEST ISSUE
      • ADVERTISE WITH US
      • SUBSCRIBE NOW
  • BUSINESS DELEGATIONS
  • DESIGN GALLERY
  • UPCOMING EXHIBITIONS
    • DOMESTIC
    • OVERSEAS
  • DIRECTORY
    • MANUFACTURER LIST
    • RETAILERS LIST
  • CONTACT US
 

Antwerp, Dubai upbeat on Rough-Tender Market

13-01-2021   12:0 PM

The largest rough-trading centers face a busy January as adaptations have enabled them to continue holding sales events during the pandemic.

Antwerp and Dubai will host 14 rough tenders between them this month, after 2020 proved relatively strong despite the coronavirus outbreak. Technology has allowed sellers to offer goods remotely. At the same time, rough prices at tenders were lower than those at large miners' contract sales for much of last year, attracting buyers that were looking to meet specific demand.

"Antwerp's diamond office [the customs center] remained operational [during Covid-19], and there was constant consultation with shipping companies and airlines to ensure goods could continue to be shipped," a spokesperson for the Antwerp World Diamond Centre (AWDC) said Monday. "We have an unrivalled critical mass of buyers and sellers that enable true market value for rough productions."

Nearly 100 rough tenders took place in the Belgian city in 2020, featuring sales of more than 10.5 million carats, the AWDC added. Eight tenders are scheduled for January, indicating that the momentum in rough-trading activity is continuing into the new year, the organization noted.

The Dubai Diamond Exchange (DDE), meanwhile, will accommodate six tenders before the end of the month, following a record-breaking sale by Stargems in December, the Dubai Multi Commodities Centre (DMCC) said last week. I Hennig, Koin International and Choron Group (in collaboration with service provider Bonas Group) will host tenders at the bourse for the first time, joining regular sellers Trans Atlantic Gem Sales, Stargems and the Rapaport Group.

Digital innovations have supported the sector, according to Sarine Technologies, which produces scanning systems that let customers at tenders view information showing a rough stone's polished potential. This helps buyers decide whether to bid on a diamond from afar.

"Due to the fact that our planning products have become an industry standard, rough sellers are able to reach the vast majority of the potential market by simply sending them digital files," explained Sarine CEO David Block.

Courtesy: Rapaport

Share : 

DRI busts Myanmar-India gold smuggling network; gold worth Rs 28 cr seized, 8 held

22-01-2021   14:25 PM

In a major bust of the Myanmar-India gold smuggling network, the Delhi Zonal Unit of the Directorate of Revenue Intelligence (DRI) has seized 55.61 kg of foreign-origin gold valued at Rs 28 crores from eight p...

Read More

Rapaport Publishes 2020 Diamond Price Statistics Report

22-01-2021   14:20 PM

The Rapaport Group has released its Diamond Price Statistics Annual Report for 2020, evaluating the performance of polished-diamond prices. The report provides an in-depth analysis of the past year’s trends, a...

Read More

ANMOL embarks a new era with ‘Pulsating Diamonds’ Collection

22-01-2021   14:15 PM

ANMOL, renowned for its trendsetting designs, introduces the jewels of the Modern Era with ‘Pulsating Diamonds’ collection ~ An Ode to the scintillating beauty of Diamonds. Crafted with excellence, this contem...

Read More

Istanbul Jewelry Show eyes late-May dates after cancelling March event

22-01-2021   14:10 PM

Istanbul Jewelry Show has postponed its spring 2021 event for two months, in the hope of making a safer and more successful show for all involved when it takes place later in the year. Show organiser Informa...

Read More

On camera, Man in PPE steals gold worth ₹ 13 crore in Delhi

22-01-2021   14:5 PM

In a bizarre case of theft, a man wearing a personal protective equipment (PPE) kit sneaked into a jewellery showroom in Delhi and allegedly stole 25 kg of gold worth ₹ 13 crore, police said. He has been arres...

Read More

Gold Assaying-Hallmarking Centres: NGT Directs State Pollution Control Boards To Follow Guidelines Of CPCB

22-01-2021   14:0 PM

The National Green Tribunal (NGT) on Wednesday directed state pollution control boards to follow guidelines issued by Central Pollution Control Board (CPCB) for implementation of Gold Assaying and Hallmarking...

Read More

Live Spot Gold

GOLD PRICE

Design Gallery

Videos

View More Videos
GJS - Virtual T. .
AOJ Exclusive I. .
Auspicious Aksh. .
AOJ Exclusive i. .

UPCOMING EXHIBITIONS - DOMESTIC

Jaipur Jewellery Show

December 19-22-2020 | Jaipur

View More Domestic Events

UPCOMING EXHIBITIONS - OVERSEAS

Baselworld

January 28-2-2021 | Basel, Switzerland

View More Overseas Events

FOLLOW US ON
December 2020  English Edition
Subscribe Now Print Edition
Subscribe Now Digital Edition
January 2020  Hindi  Edition
Subscribe Now Print Edition
Subscribe Now Digital Edition

© 2016 AOJ Media Pvt Ltd - All Rights Reserved. | Developed by Creed Global Tech.    T & C   Privacy Policy 

Top
Close