Why gemstones are becoming an investment hotspot ?

The days of diamonds as a woman's closest friend are long gone. The future has been laid out for precious and rare gemstones. Gemstones are worn by people from all walks of life, not only ladies, for both their aesthetic and spiritual qualities. Gemstones including Sapphires, Ruby, Emerald, Turquoise, and Amethyst are gradually taking their position as engagement rings in favour of the more traditional ones. Rather than a classic white or yellow band, most brides today opt for bands with contrasting pops of colour. Halle Berry and Blake Lively are just two of the celebrities that wear coloured gemstones for more than just sentimental and astrological reasons.

Gemstones have been a part of human culture for millennia, and their astrological and ornamental worth continues to grow in popularity in the market. Gemstones are more than just a fashion accessory or a horological tool — they're a lucrative investment opportunity!

If you're not a professional in the gemstone industry, why invest in gemstones? This is because of the stones' long-term value, which is due to their durability and rarity. Due to the difficulty and scarcity of gemstones, their value does not diminish with time, making them a sound investment for significant sums of money.

Gemstones and sentiments

Napoleon once gifted Empress Josephine with a beautiful sapphire ring. Even now, the Royals have not been afraid to show their affection for these gemstones. Kate Middleton, Duchess of Cambridge, wears the identical sapphire-studded engagement ring that Princess Diana wore on her fingers. For Prince William and his family, the sentimental value of the ring cannot be measured in dollars or cents.

 This may be plainly seen in the increasing use of gemstone jewellery by celebrities as a fashion statement. A look at the lifestyle and fashion business shows that jewels have found a place for themselves. Fashion week saw a few stars sporting a ruby necklace. The astrological significance of rubies is well-known, as is their beautiful hue. Even supermodel Bella Hadid is a big fan of gemstones and is seen wearing bracelets all the time.

 

A rise in the demand for gemstones

The demand for gemstones has risen dramatically in the last few years, as more and more young people are shunning the classic diamond ring in favour of brighter or deeper coloured stones. No matter how many weddings take place, the diamond business is rising at a tremendous rate. The increasing popularity of gemstones has transformed the market to the point that everyone from small local jewellers to large international corporations are now investing in gemstones.

 Even the gemstones industry has been hit hard by the current global pandemic. Despite a 70 percent drop in exports from April to June of last year, a rebound and recovery in the United States, Europe, and China now seem much more likely than they did previously.

 

Factors to consider when buying a gemstone 

No matter how successful a particular industry is, it is impossible to avoid making poor financial decisions. Investing in gemstones works the same way. There are a few considerations to make before parting with your hard-earned cash to purchase these stones.

Use the right source to purchase

One of the most important features of gemstone investment is this. Because gemstones come in so many different shapes and sizes and can be found in so many places, it's critical to shop wisely when purchasing them to avoid overspending.

The best pricing on gemstones can be found at key 'Tier 1' wholesale sellers, so shop for them there if you can. Because they are the ones who really dig and cut the gemstones, these dealers may offer far lower pricing than the market does. In the absence of primary deals, secondary dealers (those who acquire gemstones from primary dealers and resell them) likewise offer prices that are substantially below market value.

Always make sensible purchases

However, it's not enough to simply get the source correct. When deciding how many and what kind of gemstones to purchase, one must proceed with caution.

Purchasing numerous stones rather than a single stone will reduce the price even further because wholesale dealers are recommended for bulk purchases. If you have the money, buy a lot of stones at once so that you may receive the greatest deals.

Rough gemstones, rather than cut ones, may be a better investment if you are confident in the buyer.

Select the best buyer

This is just as critical as picking the appropriate seller. To get the most money from your gemstones, you'll want to sell them to retailers who will pay retail prices for them.

A difficult issue is finding gemstone customers willing to pay retail prices for the jewels. There are established merchants such as jewellery stores and auction houses that you should consider.

Add value to the gemstones

Everyone can't do this, but if you have the resources to increase their value, it is strongly recommended that you do so. Rough gemstones can be transformed into cut and polished jewels, jewellery can be set with gemstones, or gemstones can be recut into acceptable shapes. The value of your gemstones can be considerably increased by making these minor adjustments.