INDIAN JEWELLER

Gemfields sells $5.9 million worth of emeralds at auction

The company noted positive outlook amongst buyers

Post By : Diamond World News Service On 14 August 2009 12:38 PM
The Shanghai Diamond Exchange has culminated very encouraging figures for 2007. According to a report by the Diamond Administration of China (DAC) the total volume of diamond imports and exports at SDE rose by 53.4% to value at $1 billion, compared to 2006. Imports were up by 109.6% to amount to $440 million as against last year. The import and export amounted to $909 million while within SDE the internal exchange soared up by 56.3% to $56.3 million.

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