Category: Colored Stone Market

Colored Stone Market

The August JCK Las Vegas show provides the first opportunity since the 2020 Tucson GemFair for buyers and exhibitors to come together for a major jewelry trade event in the U.S. At press time JCK, Couture, AGTA and the Antique shows were set to go ahead in late August as scheduled.

Colored Gemstone Market Trends in Uncertain Times Webinar Series: April 2021

Our guest is Roland Schluessel, FGA of Pillar & Stone International. Roland has built his business by supporting his trade clients with fine colored gems that he has sourced directly on location. His booth in Tucson is a favorite destination for GemGuide researchers because of his knack for recognizing popular trends in colored stones before they take shape.

Colored Stone Market

No Tucson show does not mean no business. Market is currently benefitting from little competition from outside our sector. The appetite for gemstones is expected to continue to flourish throughout the year. Competition may return next year. The real story in color is outside the big-3.

Colored Stone Market

A new year begins where an old one ended, but there is light at the end of the tunnel. The market evolved in response to COVID-19 but some of those changes will linger long after. New approaches may challenge traditional market structures. The classic gem varieties demonstrated their unwavering ability to store value even in the worst of times.

Colored Stone Market

The market conditions leading into season invite a cautiously optimistic outlook. Unusual colors of classic varieties selling well. Wealthy consumers coming off of vacationless summers turn to Paraìba and other fine gems to add some excitement. All business is local this year.

Colored Stone Market

In Asia, jewelers report improving sales as consumers spend on luxury. In the USA, cautious mood greets traders as more markets emerge from COVID-19 closures. A range of colors are expected to see good demand…

Colored Stone Market

The jewelry industry, like so many, has been severely impacted by the virus. Conflicting reports have some claiming sharp declines in prices, others no real change. Mining companies have mostly closed down. With no rough surplus to push prices lower, prices are not decreasing yet, but could if the situation does not improve soon. Social media selling has been successful as a backup to many companies. Designers and custom jewelers are still buying, even if lower price points.

Colored Stone Market – January 2020

Young consumers continue to drive jewelry trends. Applying old marketing models to new consumers will miss the mark. Responsible sourcing continues to impact supply and demand. As large companies mine aggressively, some areas get exhausted rapidly. Sapphire remains king and expected to remain into this decade.