INSIGHT 精辟洞见 GEMSWORLD | 16 | 2024 The enduring allure of high-end gems alongside rising consumer awareness and education on gem origins, characteristics and certifications are likely to fuel steady market demand in 2024 onwards. Perennial favourites rubies, sapphires and emeralds, which are already enjoying a strong following in the trade, will continue to lead the growth, according to Color Jewels Inc CEO Ashish Dangayach. “These are the best-performing gems for us,” he noted. “Nowadays, origin and certification are keys to making a sale. People are on the lookout for Burmese rubies, specifically from Mogok, as well as Kashmir, Burmese and Sri Lankan sapphires. Meanwhile, Colombian emeralds remain highly sought after.” Color Jewels’ top markets are Asia and Europe. Its buyers favour coloured gemstones of 8 carats to 20 carats while the most requested cuts for rubies and sapphires are antique, cushion, oval and traditional; and emerald cut for emeralds, added Dangayach. Investment gems Luxury rubies, sapphires and emeralds are easier to sell as they speak for themselves in terms of beauty, quality and investment value. These gems, however, have become harder to come by due to dwindling supply in Colombia and Myanmar (formerly Burma), where celebrated gemstone mines are located. Meanwhile, prices are up 50 per cent to 100 per cent from pre-Covid levels, signalling solid buyer interest in coloured gems. Take, for instance, a top-range Burmese sapphire of 5 carats to 10 carats. Dangayach said that a gem of this quality sells for US$15,000 to US$20,000 a carat as of end-2023 compared to US$10,000 per carat three or four years earlier. This upward trend in prices is expected to continue amid rising demand and limited stocks. The company official explained, “There are more people wanting to own and invest in these coveted gems compared to 10 to 15 years prior, so demand outweighs what is in the market now.” Color Jewels Inc offers an expansive selection of premium-quality coloured gemstones that consistently captivate buyers worldwide amid supply constraints and macroeconomic woes. 在供应紧张和宏观经济困境的氛围下，Color Jewels Inc仍为市场提供种类 繁多的优质彩色宝石，引来环球买家的艳羡目光。 winning favour in global markets Luxury gems 奢华宝石广受环球市场热捧 Sapphire ring, polished emerald and ruby, and ruby ring by Color Jewels Inc Color Jewels Inc的蓝宝石戒指丶祖母绿和红宝石及红宝石戒指
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