Diamond Market News
Shortages of rough and increased consumer demand are driving monthly price increases. Predictions of a slowdown in spring did not happen. Inventories at very low levels.
Diamond MarketShortages of rough and increased consumer demand are driving monthly price increases. Predictions of a slowdown in spring did not happen. Inventories at very low levels.
Diamond MarketAs the holiday season approaches, one of the stories in the colored stone market continues to be the difficulty that dealers are having sourcing new stock.
Colored Stone MarketOne-step testing is a tempting proposition; however, it requires extensive knowledge and experience to perform the minimum number of tests required for accurate and conclusive identification.
Gem TestingPeach garnets became quite popular in the last a few years; the most desirable stones will have a bright, medium light orangy pink color.
Market TrendsCoral, especially the red to pink type, has been used as an ornamental gemstone both in jewelry and intricate carvings. Strangely, the word “coral” does not have an established taxonomic meaning but is instead broadly used to define for any organism that grew attached to the sea floor.
*Gem Focus & Market Pulse (Free Subscriber)The color of the year announcement by Pantone is an exciting concept for gem professionals. What gemstones can be matched with these colors? How popular would they be? The colors of 2021 “Illuminating” and “Ultimate Gray” create a jewelry-friendly combination.
*Gem Focus & Market Pulse (Free Subscriber)Laboratory-grown diamond acceptance continues to grow as noted by announcements such as Pandora in June going “all in” on lab grown diamonds for their fashion jewelry line, no longer using natural diamonds. The July issue of the GemGuide gives more detail on this move by Pandora in the market report by diamond correspondent Jon Phillips. As he noted, it was a brilliant PR move, focusing on ethical and sustainability concerns over mined diamonds, though we know some of these claims continue to be challenged by the natural diamond producers.
Lab-Grown DiamondThis is the first comprehensive researched based study in more than a decade, comparing jewelry store margins using a broad spectrum of the industry. Markups are a key component to valuation assignments and understanding these margins is critical for appraisers to use in valuations.
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