GemsWorld 2024

GEMSWORLD | 52 | 2024 SPOTLIGHT 市场聚焦 Market interest in spinel has consistently followed an upward trajectory, bolstered in part by rising demand for ruby alternatives but more so by buyers becoming more educated and adventurous in their coloured gemstone choices. According to gem dealers, spinel’s vivid red colour and compelling history are major selling points, high prices notwithstanding. Other colours are gaining popularity too, alongside spinel from sources other than renowned mines in Tanzania and Myanmar (formerly Burma). Viewed as an extremely versatile gemstone, spinel has a global audience, spanning top destinations like the US, Europe and Asia. Interestingly, younger people are also taking notice of spinel, enticed by the gem’s inherent individuality and wide range of hues. Era of reds and pinks Spinel is gradually but steadily gaining traction in the coloured gemstone universe. Mehreen Yousaf, business development manager at Spinel House, said the gem is increasingly being considered by many as investment pieces. “Some would acquire spinel and keep it over the next five years before reselling at a higher price,” she explained. The company, which mainly deals in Burmese spinel, has a solid customer base in Hong Kong, Thailand and India. Buyers mostly go for intense red and glowing hot pink spinel – or those bearing the so-called “jedi” colour, she said. They are also particular with the size and shape of the stone. Those looking for a single stone would purchase gems of three carats to 10 carats while some jewellers would opt for spinel stones of over 10 carats. Smaller stones are similarly moving fast. Sasha Golokoz of Vitalit said petite gems from the famed Mahenge mine in Tanzania bearing a stunning pinkish-red colour are most ideal for dainty, ultra-feminine jewellery pieces. “Unfortunately, we currently do not have these colours in big sizes, but the small-sized gems work best in earrings,” shared Golokoz. Rough spinel stones 尖晶石原石 | Bernardette Sto. Domingo 杜明高 | The multifaceted spinel continues to fascinate seasoned buyers while finding favour among a younger clientele that values its universal allure and versatility. 尖晶石散发多元化的魅力,资深买家继续 追捧之余,年轻消费者也开始投以欣赏目光。 Spectacular spinel 动人心魄的尖晶石

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