Gem Pricing Report

Traditionally, the summer months are slow for the U.S. jewelry industry. This year is no exception. Dealers report slow business throughout the Midwest and East Coast, but sales are slightly better on the West Coast. The one bright spot is pearls, which are selling well in most categories. The popularity of akoya has rebounded, especially for the 8 to 9 mm sizes. In the Chinese freshwater category, the unusual shapes dominate demand. Petals, keshi, and buttons continue to lead the market. Demand for rounds, especially in 9 mm and larger, is steady. In the diamond market, demand is strong for 0.80 to 0.90 caraters in the collection colors and SI1 or better clarity. Demand for 1.50 to 2.00 ct. clean, white stones is good. Supply is tight in 3.00+ ct. goods of SI1 or better, and prices are firm. Rounds and princesses are strongest. Pears are doing well, marquises and emerald cuts are stea

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