Gemstone Market Report issue 59

gemstone market report from issue 59

by rm weare & co

Ruby prices increase every year as the demand continues to grow and the supply struggles to keep up.

The supply of rubies from Myanmar, the source of the majority of rubies used, is declining, especially in the top quality material. This has led to cutters and dealers looking for the next big source of ruby rough. Ruby is found in many different countries but there are few localities where top quality material is found.

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a special feature provided by Affinity Gems & Jewels Pvt Ltd Sri Lanka

Women’s Choice of Colour : the Blue Sapphire
The peacock blue colour of sapphire is widely used to describe the sought after Kashmir sapphire, however sapphires of this particular cornflower blue colour can also be found here in Sri Lanka, one area of note being the Ratnatpura district, so similar in colour that it can be mistaken for the Kasmir variety.

Read more: a special feature provided by Affinity Gems & Jewels Pvt Ltd Sri Lanka

gemstone market report issue 66

a regular feature provided by RM Weare & Co

We are seeing more and more synthetic materials on the market. The use of synthetic materials does not have a negative effect on the trade, but the mis-selling of synthetics as natural or the incorrect description of gem material certainly has a bad impact. We see this in the number of items sent to us where the retail customer requires a valuation on what they understand to be natural material but after testing proves to be synthetic. We see this most frequently in fracture filled Ruby, this treatment should be disclosed as it has a big impact on the value of a stone; 1ct sized fracture filled stones wholesale at around £25 per carat but a similar natural heated stone will wholesale above £250 per carat.

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gemstone market report

gemstone market report

by rm weare & co

During our recent trip to the cutters in Bangkok our buyers spent the time walking around with a look of shock and incredulity on their faces.
The reason for this was the increase in prices in the top three precious coloured gemstones. We have become accustomed to the ever increasing prices asked for fine quality ruby but the...

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gemstone market report issue 69

a regular feature provided by RM Weare & Co

2015 has been a difficult year for the polished diamond trade.
Unsustainable high rough prices have squeezed profitability for the polished market which has been exacerbated by the drop in
demand at the retail level. Adding to the diamantaire’s difficulties has been their large inventories of rough that has been built up in previous ‘better times’ and the departure of sectors in the banking industry from the diamond market leaving problems in finding capital investment. This has led to some dumping of stones onto the market

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Gemstone Market Report issue 60

 

market report a regular feature provided by R M Weare & Co

It is estimated that the market for coloured gemstones will see a massive fivefold increase over the next decade from 2bn US$ currently to 10bn.  This will be fuelled largely by demand from rapidly developing economies, with an unsurprising expectation that supply is likely to fall well behind demand.

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cutting concave faceted gemstones

cutting concave faceted gemstones Ashton Gems, California

I was 12 years old in 1970 when I attended my first lapidary class with my grandmother. We entered a giant warehouse full of rows of grinding machines, saws of all sizes and a separate room full of faceting machines. I didn't have a clue of what I was looking at or how it would change the direction that my life was going to go.
For the next two years, on Tuesday and Thursday nights, I learned how to operate the grinders and use all the different sanding and polishing wheels. For the first few weeks, I

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Gem Market Report Issue 68

a regular feature provided by RM Weare & Co

Difficult trading in the first half of 2015 has been confirmed by various diamond producers and polished manufacturers.
De Beers reportedly had 65% of their offering left from the last sight as a result of many cutters not being able to afford the prices.
A criticism from cutters has been that De Beers and Alrosa, the world’s two largest

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gemstone market report issue 64

gemstone market report

a regular feature provided by
RM Weare & Co
www.rmweare.com

The production of polished rubies and sapphires appears to be steady but the demand far outstrips supply which means there is a continuing increase in prices. Ruby prices are increasing at a slower rate than they have been over the last two years but compared to Sapphire the prices are still much higher. The result of this is that Sapphire prices are increasing at a faster rate, as the market recognises that you can get more for your money. This is especially true of blue, purple and unheated material.

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gemstone market reports issue 62

There has been a resurgence in the popularity of pink gemstones, in part due to the ever expanding Chinese marker. The high price of pink sapphire has meant that other gems have also been in demand such as Morganite (pink Beryl) and Kunzite. The availability of top quality Sri Lankan pink sapphire has decreased as has fine material from Madagascar;

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Gem Market Report Issue 67

a regular feature provided by RM Weare & Co

The February and March gem shows were disappointing for cutters, the Chinese presence was low (partly due to the Chinese New Year
and it’s subdued market.

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gemstone market report issue 63

 

gemstone market report

a regular feature provided by
RM Weare & Co
www.rmweare.com

Despite a slow lead up to Christmas, it seems that 2014 has started on a positive note. From conversations with our customers January trade was good with last minute Christmas orders being fulfilled in the New Year.
February trade was up on the last few years and with requirements for better coloured stones and diamond demand for cheaper qualities booming.

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gemstone market report issue 65

market report


a regular feature provided by
RM Weare & Co

Mozambique ruby has made a big impact on the market. Unheated material is now in abundance with plenty of really fine material available For many buyers the Burmese material has taken a back seat. For the Chinese market especially, the Mozambique material is preferable as there is much mistrust of anything that has been “treated” – even if just heat treated as is the case with much of the Burmese material.

Read more: gemstone market report issue 65

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