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Some of the latest developments in the jewellery market in 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 unusual designs. These can be yellow stones clean-lined with wide cuffs and hoop earrings or some new ones that include large floral arrangements in retro colours - tropical, bluish, violet or grey colour shades, and the lucky charm pendants are the most desired fashionable designs. Varying hues of blues or Kashmir sapphires and red pigeons are appreciated by most investors.
The coloured gemstone market is getting annual retail sales of over $18 billion, where the big three include emeralds, sapphires, and rubies. The price of rare natural gemstones is increasing each year. Fifty per cent 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 has increased 500 per cent as per the reports from Gemfields PLC. A red ruby can sell higher 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.
Even though emeralds, sapphires, and rubies are famous, millennials are ready to invest in uncommon, never seen types with outlandish designs, colours, graphics and hues. The bi-colour design of Paraiba tourmaline can be made into a vibrant polished structure, and it can be conjoined with emeralds or other precious stones.
Millennials are looking for a combination of texture and colours, some in a range of expressive formats and prices. Some of the new coloured 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 colours). 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 the most expensive gemstone. 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 provide different colours and fashion statements. The modern cut designs are sleek and can be found in bold shades.
If the products are attractive, the new generation of buyers can spend up to $3000 for an engagement ring, where they will unquestionably like to get something that is a unique and distinct investment.
To find out more about Paraiba tourmaline investment, check 99 Alternatives at (http://www.99alternatives.com).
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