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Rapaport Weekly Indian Market Report

As of July 21

Jul 21, 2016 10:58 AM   By Rapaport News
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Some U.S. and Chinese buyers in Mumbai looking for bargains but trading slow and sentiment weak. Quiet market expected through August. Low expectations for Mumbai show (August 4 to 8) with gold jewelry demand sluggish at high gold prices in rupee. Manufacturing stable with less rough available and slower trading on secondary market ahead of next week’s De Beers sight.

Round  
-1 point: Good demand: $250-$500 whites.
  Fair demand: $250-$400 white natts.
-2 point: Fair demand: $300-$450 whites and $250-$350 white natts.
2-7 point: Good demand: $350-$450 whites.
8-18 point: Fair demand: $450-$600 whites.
20 points: Fair demand: -$400 whites.
25 points: Fair demand: -$400 & +$700 whites.
33 points: Good demand: $800-$1300 whites.
  Fair demand: -$500 whites.
50 points: Good demand: $1000-$1500 whites.
  Fair demand: -$1000 whites.
75 points: Fair demand: $700-$900 and +$1,500 whites.
1 carat+: Good demand: +$ 2,000 whites.
  Fair demand: $700-$1500 whites and $1500-$2000 lower color.
   
Princess  
-3 point: Fair demand: $200-$300 whites.
+3 point: Fair demand: $200-$300 whites.
+9-18 point: Fair demand: $350-$500 whites.
20 point: Fair demand: $600-$700 whites.
25 point: Fair demand: $800-$900 whites.
33 point: Fair demand: $500-$800 whites.
50 point: Fair demand: +$800 whites.
75 point: Fair demand: $1,000-$1,400 whites.
1 carat+: Fair demand: +$1,500 whites.
   
Marquise  
-6 point: Fair demand: $400-$550 whites.
+7-18 point: Fair demand: $500-$800 whites.
20 point: Fair demand: $300-$500 whites.
25 point: Fair demand: $350-$550 whites.
33 point: Fair demand: $500-$700 whites.
50 point: Fair demand: $800-$1000 whites.
75 point: Fair demand: $800-$1000 whites.
1 carat+: Fair demand: +$1000 whites.
   
Tapers & Baguettes  
  Fair demand: $350-$400 2mm-2.5mm whites.
                        $450-$500 2.5mm-3mm whites.
                        $600-$700 3mm-4mm whites.
                        $700-$800 4mm-5mm whites.
                        $800-$1,000 +5mm whites.
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