Gem Pricing Report

The colored stone market is stable. Current research indicates that consumption continues to be largely limited to fine-quality gem materials, while demand for good and commercial qualities is slow. Consumers also are buying a broader range of gem materials. Initially this was linked to episodes of color substitution inspired by price point. However, the trend has evolved and today is driven by the efforts of many retailers and designers to stand out from their competition by offering unusual and lesser-known gems. Apatite, danburite, feldspar, fluorite, scapolite, spinel, and zircon are some of the gems enjoying increased market activity. Dealers also report greater interest in some unusual chalcedony varieties. Market participants report some room to negotiate price on basic goods. Buyers, however, report resistance from vendors to cut prices deeply. This is no surpri
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