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Gemports Colored Gemstone Report

Introduction: Addressing a Historical Challenge in the Colored Gemstone Market

For decades, the global colored gemstone industry, while rich in history and opportunity, has operated with a degree of opacity, particularly concerning valuation. Unlike the diamond market, which benefits from a universally understood pricing structure, the colored gemstone trade has historically lacked a unified, data-driven metric for determining value. This has created significant challenges, including price inconsistencies, barriers to entry for new investors, and a general lack of the market liquidity seen in other asset classes.

 

Recognizing this critical gap, the Gems & Jewelry Trade Association of China (GAC), the National Gemstone Testing Center (NGTC) China, The Gems, Jewelry, and Precious Metal Confederation of Thailand(GJPCT), and Thai Gem and Jewelry Traders Association (TGJTA), in an unprecedented collaboration with and has spearheaded the development of Gemports. Gemports is a strategic initiative designed to introduce a new era of transparency, confidence, and growth to the colored gemstone market.

What is Gemports?

At its core, Gemports is a quarterly market report for colored gemstones. It is not merely a list of prices; it is a sophisticated, data-driven framework that acts as a market barometer. By systematically collecting and analyzing price data, Gemports provides a clear and accessible benchmark for the value of colored gemstones based on their specific characteristics.

 

A Crucial Distinction: Market-Reflective, Not Arbitrarily Set

It is imperative to understand that the prices published in the Gemports report are not determined, dictated, or set by the TGJTA or any of its partner associations. The integrity of the index is built on data collective from major market worldwide. Its objectivity and its function as a true reflection of the market.

The prices are derived from a rigorous and ongoing process of data aggregation:

  • Real Market Data: The foundation of Gemports is the collection of actual sales data from a wide spectrum of sources from miner to retailer across the globe.
  • Full Supply Chain Coverage: Data is gathered from every level of the industry, including miners, manufacturers, international wholesalers, and jewelry retailers.
  • Statistical Analysis: This vast amount of data is then carefully analyzed to calculate a weighted average, which accurately reflects the real-time dynamics of global trade.

Therefore, Gemports is not a tool for price control. It is a tool for price discovery, reporting what the market itself dictates the value of a gemstone to be.

The Target Application: A trust point for the End-User (Consumer Reference Price)

The primary function of the Gemports report is to serve as guide asking price reference for the consumer. The published values represent the estimated average retail price—the price a final consumer can expect to encounter in the marketplace for a gemstone with a specific set of qualities (Origin, Color, Clarity, Cut, Carat, and Treatment).

It is crucial to clarify that the Gemports price is:

  • A Guideline, Not a Fixed Price: It is an informational benchmark to provide an asking price and value estimation, not a mandatory or fixed price for any transaction. Market prices will still vary based on individual vendor, location, and negotiation.
  • For the Retail Market: It is not a wholesale price list. The index is specifically designed to empower the end-user, helping them understand the value proposition of their potential purchase and fostering a greater sense of confidence and trust in their jeweler.
  • By establishing this clear consumer-facing benchmark, Gemports demystifies the valuation process for the public, making colored gemstones more accessible, understandable, and trustworthy for a new generation of buyers and investors. The ultimate goal is to create a more transparent, efficient, and liquid global market for everyone involved.

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