TAGS tender sold over 41K cts

Average value per carat

remained of US$ 927.87

Trans Atlantic Gem Sales (TAGS) recently held a rough diamond tender in the Almas Tower at the Dubai Diamond Exchange in Dubai from the 26th March to the 2nd April 2019. Two regular productions from South Africa and Angola were again presented, including a Namibian production. All materials were of high quality and high colour and featured a significant number of large single stones and exceptional specials.

According to TAGS, total tender sales of US$ 38,364,624.96 and over all 41,346.93 carats sold in total by acquiring average value per carat of US$ 927.87 only. Over all 204 companies participated in the tender process.

It is to know, TAGS again presented their regular productions from South Africa and Angola which continue to be well received. Specialist manufacturing companies from India, Belgium and Israel were in attendance. TAGS utilised 30 showing rooms in the Dubai Diamond Exchange to present the productions to 204 companies over the 8 day period.

TAGS  said: “This month saw a 5% increase in companies viewing, as TAGS continue to firmly establish themselves as a regular and important source for high quality original rough productions across a full range of sizes.”