In the early days of 2023, we prepare for the AGTA GemFair against the backdrop uncertain economic outlook. Yet, prices in many of the commonly traded colored stone categories have maintained support.
Colored Stone MarketThe big story this fall remains the impact of inflation across sectors of the global economy. The ripple effect has been a substantial selloff in the U.S. Stock Market, among others evaporating substantial wealth. Given the…
Colored Stone MarketDuring the past two years, gem dealers have, for the most part, been on the positive side of an unprecedented pandemic-influenced market cycle.
Colored Stone MarketDuring the past two years, market conditions have been very favorable for the U.S. gem and jewelry industry, especially at the retail level.
Colored Stone MarketAfter 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.
Colored Stone MarketThe 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 MarketDealers express optimism for holiday season. Market gearing up for Tucson but realistic about the potential for Omicron variant to discourage some overseas participation.
Colored Stone MarketIn August I was asked what advice I would give shoppers for the upcoming holiday season? My answer, shop early.
Colored Stone 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 MarketThe 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