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Trends come and go, but the gemstone market remains unaffected. This is because of the varied significance they hold. They are loved for their beauty, color, and meaning, making them a great investment attraction.
From personal beliefs to fashion and runways, the importance of gemstones (like emerald stone ) is breaking boundaries. In recent years, the gemstone market has seen a substantial increase. It is estimated to grow from USD 36,044.1 million in 2025 to USD 68,151.4 million by 2035.
Read More: Popular gemstones in emerging markets like Vietnam & Brazil
What is driving this rise? The reasons are simple – people now want more personalised jewelry, young buyers are spending more on luxury items, and there is also a growing awareness about buying ethically sourced or lab-grown stones, with e-commerce platforms and digital tools making gemstones easier to buy. The market is for everyone, from affordable garnet to expensive rubies; everything is available.
Read More: A Guide to Gem Classification
Some gemstones are timeless— ruby stone, emeralds, diamonds, and sapphire gemstones, renowned for their beauty and significance in the world. Beauty, rarity, and their association with royalty make them still top the charts.
Apart from these, rare colored gemstones are also valued in the market. They are seen as a potential for long-term investment. Paraiba tourmaline, garnet stone, black opal, and morganite are gaining recognition in 2025. Affordability, beauty, and color remain the common factors for their preference.
Learn More: Ethical Issues in the Gem Trade
Pigeon Blood Red Rubies: They remain the most popular type of rubies. These gems are rare and, besides the Mogok mines in Burma, are also found in countries like Mozambique and Madagascar. The deep blood-red color of these rubies is very rare, which is why most of them are seen only in auctions. The last auction selling Burma rubies was in 2024.
Read More: Why is There a Great Variation In Ruby Prices?
Colombian Emeralds: These are top-quality emeralds obtained from Colombia. 90% of the world's emerald production comes from this region. Untreated gems with high clarity and expressive color are highly desirable. Colombian emerald are preferred gemstones for engagement and wedding rings. They work beautifully as diamond alternatives.
Sri Lankan Sapphires: The Best origin to find quality sapphires. They are also a prime choice for diamond engagement ring alternatives.
Read More: How Trade Wars Affect Gemstone Pricing Globally?
India has been famous for gemstones for many years. Diamonds, rubies, emeralds, Blue sapphire – India has it all. The gemstone market here is very big and very mixed. There are small local sellers and big exporters too. People in India love gemstones
for jewelry, fashion, and even for luck.
India has a long history in the gemstone business. Jaipur is called “Gem City”. You can find many gemstone shops and markets there. Navratan has been popular for selling gemstones for decades. Traders sell raw stones but also cut and polish them. Cutting is very important because it makes the stones more valuable.
Many families have been doing this business for generations. Skills like cutting and grading stones pass from father to son. But now technology is coming too. Laser cutting and online selling are becoming popular. This helps Indian sellers reach buyers
from other countries easily.
People in India love gemstones. Not just for traditional jewelry but also for fashion and investment. Young people like new and unique designs. Many also believe gemstones bring luck or have special powers. Astrological gemstones are always in demand. So the local market is growing.
The future looks good. More people know about quality stones because of the gemstone certificate awareness. Jewelry brands working with gemstone suppliers make unique and custom products. This attracts more buyers inside India and abroad.
In short, India’s gemstone market is a mix of old tradition and new opportunities. With experience, rising demand, and strong exports, the market can grow further. But challenges like quality check, fake stones, and keeping up with trends need attention. India is still a very exciting place for anyone interested in the gemstone business.
To conclude, the gemstone industry and market are here to grow. Investing in such natural gems is worthwhile. If you are looking to choose one, Navratan is the best place to buy your favorite and trendy gemstone.
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