Latest gems emporium fetches €53.09m in jade lots

A merchant checks a jade stone during the 53rd Myanmar Gems Emporium in Nay Pyi Taw. Photo: MNA
A merchant checks a jade stone during the 53rd Myanmar Gems Emporium in Nay Pyi Taw. Photo: MNA

Twenty-one lots of jade were sold for €53.09m through competitive biddings at the 53rd Myanmar Gems Emporium in Nay Pyi Taw yesterday.
According to sources, total sales reached €486.61m yesterday as 312 lots of pearl were bought for €3.12m, 63 lots of gems for €3.29m and 3,901 lots of jade for €480.20m on previous days.
More jades lots are set to go on sale with displays of 60 lots today and 46 on 6 July at auction, added the sources.
Myanmar uses the Euro at the jade emporium because of US sanctions against the industry.—Myanmar News Agency

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