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Some of the latest developments in the jewelry market in the year 2018 include the emergence of square-cut or pear-shaped rocks, which do not lose shape. Diana held a three stone ring, which had two round cut stones, and it was given, when Prince Harry proposed to Meghan Markle. The millennial shoppers of luxury gemstones search for some of the unusual designs. These can be yellow stones clean-lined with wide cuffs and hoop earrings, or some of the new ones that include large floral arrangements in retro colors - tropical, bluish, violet or grey color shades, and the lucky charm pendants are the most desired fashionable designs. Varying hues of blues or Kashmir sapphires and red pigeon are appreciated by most investors.
Colored gemstone demand increase
The colored gemstone market is getting annual retail sales of over $18 billion where the big three include the emeralds, sapphires, and rubies. Price of natural rare gemstones is increasing each year. 50 percent of the global emerald suppliers can be found in Columbian mines, and other leading mines are in Zambia and Brazil. Since 2010, the price of emerald increased 500 percent as per the reports from Gemfields PLC. A red ruby can sell for a higher price than a white diamond at auctions. In Sotheby Auction in October, in Hong Kong, a set with a diamond and ruby ring, fetched over $10 million, at the same time as, a fancy yellow diamond ring got $2 million.
Paraiba Tourmaline for the millennials
Even though emeralds, sapphires, and rubies are famous, millennials are ready to invest in uncommon never seen types with outlandish designs, colors, graphics and hues. The bi-color design of Paraiba tourmaline can be made into the vibrant polished structure and it can be conjoined with emeralds or other precious stones.
Millennials are looking for a combination of texture and colors, some in a range of expressive formats and prices. Some of the new colored gemstones – Paraiba Tourmaline can be found in modern stylish watches. The Haute joaillerie coup Hublot released the Big Bang Paraíba models, that have ultra rare Paraiba stones (sky blue colors). The blues radiates green with extreme sensitivity to light.
Paraiba Tourmaline was first found in Brazil. It is one of the latest discovered in 1989 and most expensive gemstone and the brands like Hublot have established agreements with the miners in the Rio Grande to extract ethical environmental friendly gemstones from the mines to be used in the construction of watches.
These new stones are non-classic ones, but millennials are drawn to these new varieties, which provides a different color and fashion statement. The modern cut designs are sleek and can be found in bold shades. If the products are attractive, the new generation buyers can spend up to $3000 for an engagement ring, where they will unquestionably like to get something, which is the unique and distinct investment.
To find out more about Paraiba tourmaline investment, check 99 Alternatives at (http://www.99alternatives.com).
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