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India: Solid Jewelry Demand at IIJS

As of August 16

Aug 16, 2018 10:58 AM   By Rapaport News
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Activity relatively quiet following last week’s IIJS show. Polished trading slow as expected at the fair, but solid demand for gold and diamond jewelry. Retailers looking for lower price points, with lightweight gold and fancy-shape diamonds proving popular. Dealer sentiment cautious amid ongoing bankruptcy rumors. Manufacturers maintaining steady production ahead of fourth quarter.

Round  
-1 point: Good demand: $300-$650 whites.
-2 point: Fair demand: $300-$450 whites.
2-7 point: Fair demand: $300-$450 whites.
8-18 point: Fair demand: $350-$600 whites.
20 points: Fair demand: +$500 whites.
25 points: Fair demand: +$500 whites.
33 points: Good demand: +$700 whites.
  Fair demand: -$700 whites.
50 points: Good demand: +$1000 whites.
  Fair demand: -$1000 whites.
75 points: Fair demand: +$1000 whites.
1 carat+: Good demand: +$2000 whites and lower colors.
  Fair demand: $1200-$2000 whites.
   
Princess  
-3 point: Fair demand: $200-$300 whites.
+3 point: Fair demand: $200-$300 whites.
+9-18 point: Fair demand: -$400 whites.
20 point: Fair demand: $400-$500 whites.
25 point: Fair demand: -$500 whites.
33 point: Fair demand: $500-$800 whites.
50 point: Fair demand: +$800 whites.
75 point: Fair demand: $900-$1,200 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: $600-$900 whites.
50 point: Good demand: $800-$1200 whites.
75 point: Good demand: $900-$1300 whites.
1 carat+: Good demand: +$1200 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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