“Precious Stones” they are as precious as their name signifies and that makes them very expensive. Do you know that Gemstones have experienced a rise of 10 to 15 percent of price in the international market largely due to growth in demand in the China and India.
Actually if we do detailed research on rising prices of Precious Stones prices we will come up with several forces due to which prices of Gems are rising. People in both countries are having extra likings for these colorful gems that lead to increase in demand of gems and so increase in prices.
Why Gemstone Prices are Rising? The best answer, one may think, is that it's just a matter of supply and demand as per market situation and our old economics concept -- if a lot of individuals want to buy a particular type of Precious Stones and the supply of particular stone is limited, then the price of gem will be high. However, that response doesn't really tell the whole tale of how the factors work in the gems company.
Consider the case of one of the rarest and costly gemstones, diamond. In the 19th century, total world’s diamond production was used to be only a few pounds a year. But in 1870, after the discovery of the giant South African diamond mines diamonds were dig out in huge quantity.
There was a surplus supply and so little demand of diamonds that the British financiers of the South African mines were in worrying about risk of losing their financial investment. Remedy to this crisis is to maintain the balance between supply and demand, that’s what De Beers did. Actually quality diamonds are not scarce at all, but De Beers controlled supply of quantity of diamonds in the market and kept diamond prices high.
Even De Beers consortium also hold the credit of making diamond so popular with its decades-long advertising campaign that today diamonds are also considered as metaphor for love and place their brand in the minds of people with its slogan "Diamonds are Forever."
Precious Stones - As almost everyone knows, the family members of Precious Stones are Diamonds, Rubies, Sapphires and Emeralds, those mostly found in the areas of India, China, Africa, Madagascar, Thailand, Brazil, Burma and many others.
According to International Colored Gemstone Association (ICGA), the "traditional Precious gemstones" -- Ruby, Emerald and Blue Sapphire are mostly liked by gemstone admirers due to their command a premium price in the market due to “their long lasting attraction and magical history” and are sold at premium prices.
The ICGA recognizes another category of gemstones that they call the "new classics" that includes-- Tanzanite, Aquamarine, Tourmaline, tsavorite garnet, and imperial topaz. These gemstones are considered as "the rising celebrity of gemstone industry" due to consistent rise in their price and popularity.
ICGA recognizes another less well-known gemstones categories named “collector's gems" which are available at very reasonable prices in the market, this collection includes Zircon, Moonstone, Spinel, and Morganite and other Beryls.
Another list of gems named as "affordable gemstones" by ICGA -- nicely colored good quality gems and are available at attractive prices, these includes Amethyst, Citrine, Rhodolite Garnet, Blue Topaz, Ametrine, Andalusite, Peridot Iolite, Kunzite, and Diopside.
What all this Signifies? It gives us an idea of great coming future opportunities of investing in Precious Stones, as they are still in demand and in the coming time they are going to be on the tongues of many gems lovers. So, rather than depositing your money in Banks buy Precious Stones those guarantees to get double profit of investment.
We are Navneet Gems & Minerals who are just trying to detail you about current rising scenario of Gemstone industry so that you can also earn benefits from these opportunities. If after reading this research you are planning to buy gems contact us at email@example.com or give us a call on (+66) 838968469, don’t worry being a manufacturer, supplier, and wholesaler of gemstones our prices are so reasonable.
Enjoy your life with the sparkling hues of Gems. XoXo
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