Vibrant year for coloured gemstones
Traders forecast glowing opportunities in the coloured gemstone industry in 2023, driven by steady demand for rubies, sapphires and emeralds, and the growing popularity of other emerging gems, coupled with strong post-lockdown recovery in major markets.

ICA: Keeping in step with the times
Evolving consumer preferences, advanced digital technology and growing market demand for ethical sourcing are among the forces shaping the coloured gemstone market of tomorrow, according to Douglas Hucker, CEO of the International Colored Gemstone Association (ICA).

Positive reinforcement
Demand for red stones is set to soar this year as Viva Magenta, Pantone’s Colour of 2023, injects an air of effusive optimism in a post-pandemic world.

Strategies from mine to market
Gemstone miners are ramping up production to meet strong market demand for coloured gemstones. New gemstone deposits meanwhile open up a world of possibilities for the jewellery trade.