Category: Colored Stone Market

Colored Stone Market

After two relatively strong years of growth for the gem and jewelry industry, the market is entering a phase where rising costs of consumer staples as well as growing concern that the war in the Ukraine may expand in scope, consumer spending on nonessenials is expected to taper.

Gemworld Live Webinar Series: Market Update

The global gem trade experienced unprecedented challenges in 2020 and 2021. Mining, manufacturing and distribution sectors were all severely impacted by coronavirus shutdowns. As a result, many gems went up in markets with supplies so limited. There are still many unknown questions regarding the trends for the year ahead. The team at Gemworld has been tracking prices

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 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 Para├Čba and other fine gems to add some excitement. All business is local this year.