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  Colored gemstone prices: a quarterly review

by Menahem Sevdermish FGA D.Litt. and Guy Borenstein, FGA
September 11, 2013


After a two-month hiatus, Gemewizard's Color Report is back! We had some very intensive projects over the past several weeks that compelled us to delay the previous issues. But now, we are back. And is there a better way to do so than by filling in the news we missed?

In this month's price trends article, for the benefit of our readers we decided to catch up with the latest price changes during the past quarter. We gathered data from the previous three months recorded in our GemePrice survey system, and analyzed the information to review current pricing in the gem market, including new tendencies and demands that have occurred during the period.

For most of the gems that showed price change, the direction was up.

Sapphires:
Blue sapphires, ranging from 1 carat and above and with quality grade of GEM to AAA, exhibited a price increase of approximately 15 percent. The same increase was recorded for AA and A graded gems of 3 carats and above and 10 carats and up.

For gems of Burmese origin the increase was slightly higher - 18 percent, including A-graded gems from 5 carats and up.

Yellow sapphires price experienced an increase of approximately 12 percent in the top quality goods, for sizes of at least 1 carat.

Spinel:
Spinel prices continued their rapid ascent, especially the pink- and red-colored, large-size, top-quality stones. Large pink spinel of 10 carats and more are currently being offered for up to $3,800 per carat, while red-colored stones have passed the $16,000 per carat mark. For smaller sizes, there is a wide increase of between 20 to 30 percent in the GEM to AA qualities.

Tourmaline:
Similar to spinel, pink and red tourmalines also showed distinct increases in prices, and due to a noticeable shortage in goods all tourmaline gemstones weighing up to 2 carats, are now being offered for 18 to 23 percent higher than during the previous three months. For example, a 1-carat GEM quality red tourmaline being offered now for approximately $140 per carat.

Another change in tourmalines was recorded in the copper-bearing variety - the non-Brazilian sourced Paraiba gems. Prices for stones from Nigeria and Mozambique were up by approximately 10 percent for all grades and sizes.

Other Gems:
Tsavorite garnet saw prices rising between 5 to 10 percent from quarter quarter to quarter, but tanzanite prices fell up to 10 percent for smaller stones, below 1 carat.

Colored Diamonds:
In the colored diamond category, fancy colored pink stones rose moderately in price by several percentage points, especially in fancy intense graded gems of 1.50 to 2 carats in size.

This was a short but comprehensive update by the Gemewizard team. It is, of course, just a fraction of all the information we collected. To explore the full range of the price changes in the market, GemePrice users are advised to login to their account. Local system users should click on the update link.

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