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Coloured gemstone traders are optimistic about steady growth in the industry on the back of strong market demand coupled with increased transparency and digitalisation.
Among the most sought-after coloured gems now are Paraiba tourmaline, morganite and aquamarine from Mozambique, according to Amit Dugar, director at RMC Gems HK Co.
“The coloured gemstone industry is doing well. Growth is led by high demand, especially from the US and Europe,” revealed Dugar. “All sizes are moving. Paraiba tourmaline, morganite and aquamarine are also rising in popularity in Asia.”
Major luxury brands like Cartier, Bulgari and Tiffany, who are increasingly using these stones in their collections,...
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