While gemstone prices are relatively but not entirely immune to the pressures of inflation and rising supply chain costs continue to play a role, the dynamics of limited supply and substantial and growing demand continue driving notable price increases across various coloured gemstones.
In the latest GemGuide edition (September/October issue), which tracks the wholesale prices for cut and polished gems since the 1980s, significant price increases were observed in several gemstones, notably spessartine garnet, certain tourmalines, topazes, and zircons. Remarkably, when comparing prices over the past two years, some of these stones have nearly doubled in value, according to GemGuide. Prices for cut and polished alexandrites and Brazilian emeralds remain robust in the latest issue, with the latter even recording price increases in line with the annual average since the beginning of the year. The most significant price gains have been seen in high-quality emeralds over 1 carat, with an average price increase of 4.3% between the March/April and September/October editions of GemGuide.
Brazilian Emerald Price Development. Average Price Increase (03/04 ’24 – 09/10 ‘24) according to GemGuide
The overall gemstone market has experienced strong price gains throughout and after the pandemic, with little sign of softening two years later. As we continue to witness rising prices in premium-quality gemstones, we anticipate this trend will eventually filter down to lower-quality stones, further reinforcing the strength of the coloured gemstone market’s demand.
In conclusion, the outlook for the gemstone market remains bright. The combination of rising demand, limited supply, and shifting consumer preferences positions coloured gemstones as an increasingly important asset class in investors’ allocations. As we head into the year-end season, we anticipate a renewed surge of market activity, further solidifying the role of coloured gemstones in today’s evolving economies.
About quantumrock
quantumrock is a pioneering financial company dedicated to unearthing new asset classes for professional and institutional investors. With a focus on gemstones as a viable asset class, quantumrock offers unique, asset-backed investment products. The company’s innovative approach and robust, scalable Luxembourg-law compliant investment platform aim to securitize assets and launch compelling exchange-listed investment products. Learn more at www.quantumrock.lu.
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© Quantumrock Securitization S. à r.l.. All right reserved.
© Quantumrock Securitization S. à r.l.. All right reserved.