Gemfields Emerald, Beryl Auction Earns $9.9 Million

The Gemfields rough emerald and beryl auction in Jaipur,
India, held March 10–14, raked in $9.9 million.

The auction offered 16.83 million quality carats and sold
12.98 million of them. The average price per carat was 77 cents.

Photo courtesy of Gemfields

“The overwhelming interest in attending Gemfilelds’ auctions
provides sound evidence of an increase in demand for our products across all
grades and all markets,” Ian Harebottle, CEO of Gemfields, said in a statement.

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