Recently Claudia Hamman, ICA Ambassador to Germany said, Generally in Europe, and particularly in Germany, we see that customers are only buying goods requested by their clients or for their programs and projects. They are rarely willing to risk buying interesting gemstones just for stock.”
In Germany, we are seeing a stable to increasing demand for special cuts, especially orders of limited series in fine goods.All over Europe there is a strong demand for unheated rubies over 3 carats starting from $10,000 per carat and up, while demand for smaller sizes is declining.
Fine-quality sapphires are stable, while sales are declining for low-quality items. There is also strong demand for untreated stones over 10 carats from Madagascar and Ceylon. For pink and yellow sapphire, there is increasing demand for pieces weighing 10 carats and up in good transparency and color.
In conclusion, there is a strong demand for gemstones in the very good to top-quality end of the market. Particularly in demand are rare stones such as unheated Burmese rubies and Kashmiri and Burmese sapphires, as well as un-oiled fine Colombian emeralds.
Emeralds from Colombia are always in strong demand and increasing in price, and this also applies to commercial goods.It appears that people are looking to invest in rare gemstones as they are willing to pay record prices to get these top stones, which is likely due to the uncertain financial situation around the world.