gemstone market
Precious stone commerce
The gemstone market is the commercial trade in precious and semi-precious stones—diamonds, rubies, emeralds, sapphires, and dozens of others.
It encompasses mining, cutting, grading, and retail sales, from wholesale exchanges to jewelry stores.
The gemstone market has shifted toward lab-grown diamonds in recent years.
Market conditions vary widely by stone type and quality.
- auction houseFirm conducting competitive sales
- carat weightUnit measuring gem mass
- gem cutterOne who facets stones
- rough cutUnfinished film version
- online marketplaceWebsite connecting buyers, sellers
cut and clarity · gemologist · investment grade · pearl · emerging markets · color grading · cabochon · ruby · vendor · Antwerp · gem show · diamond rush · blood diamond · wholesale pricing · luxury brand · jewelry district · prospecting · precious stone