MARKET INTELLIGENCE 市场情报 40 | JNA January/February 2025 Demand for coloured gemstones – bolstered by more knowledgeable and sophisticated consumers opting for distinctive pieces – is projected to strengthen further in 2025 amid economic uncertainties and geopolitical tensions. According to industry players, appetite for perennial darlings such as rubies, sapphires and emeralds, is gaining further traction while non-traditional gems continue to win favour in the global market. In particular, the mesmerising blues of Paraiba tourmaline alongside the rich and comforting hues of padparadscha sapphire, and the deep, enthralling colours of spinel and alexandrite are likely to attract a steady stream of buyers. Mounting desire for coloured gems is most palpable at international jewellery auctions while renowned jewellery houses regularly unveiling high jewellery collections centred on rare coloured gems further raise the profile of coloured gemstones in the mainstream. At Sotheby’s Magnificent Jewels Auction in New York held on December 10, 2024, a 10.33-carat untreated cushioncut Burmese ruby ring with diamonds was the star lot, having fetched US$5.5 million – more than double its high estimate. In Hong Kong, highlights of Phillips’ 2024 auctions were a 7.02-carat Burmese ruby and diamond ring, which sold for US$1.27 million; a necklace with approximately 54.18 carats of rubies, which was snapped up for US$1.06 million; and a 10.84-carat Brazilian alexandrite chrysoberyl ring, which brought in US$980,694. Captivating colours, meanwhile, were integral to Bulgari’s Aeterna Collection, launched in mid-2024 as the jewellery house’s “most extraordinary” collection to date. It includes exquisite pieces embellished with sapphire, emerald, ruby, rubellite, Paraiba tourmaline and turquoise, to name a few. A hero piece is the Sapphire Aeterna Waves necklace in platinum, which is adorned with a 38.93-carat cushion-cut Sri Lankan sapphire pendant, and sapphire and diamond accents. The pendant is detachable, underscoring Bulgari’s passion for and expertise in transformative and versatile jewellery pieces. Fine-quality coloured gems were likewise front and centre at Cartier’s Nature Sauvage High Jewellery Collection. The Chryseis Necklace, for instance, is speckled with onyx, chrysoprase beads and an imposing 63.76-carat rubellite pendant, which is the focal stone. | Bernardette Sto. Domingo 杜明高 | 彩色宝石迎接璀璨夺目的2025年 A more radiant future for coloured gems in 2025 The coloured gemstone sector stands to benefit from the market’s growing inclination for more colourful and meaningful jewellery options. 市场的偏好日渐转向色彩更丰富、意义更深远的珠宝首饰，彩色宝石行业将从中得益。
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