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Showing posts with the label KGK Gems

What are the myths and significance of adding sapphire in your jewelry?

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  The September birthdays and those born under the Taurus zodiac sign both have  sapphire  as their official birthstone. Unlike other corundum varieties, the sapphire gemstone is not red (the red variety of corundum is ruby). Sapphire is one of the four most sought-after precious stones. Many people put their faith in the prosperity promised by these astrological gems. Because of these myths, many people try to keep a sapphire jewelry piece or ornament in their homes at all times. In spite of its rarity, this gem has been the subject of numerous myths.   Sapphire history and myths The British Royal Family has a long history of wearing  sapphire jewelry .  One of the Crown Jewels' gemstones is sapphire. The Ceylon Sapphire used in Princess Catherine's engagement ring was originally used on Princess Diana. During his travels in 1676, Jean-Baptiste Tavernier wrote a brilliant account of how the Mughal emperor Shah Jahan adorned the re...

Coloured Gemstone/ Rare Stones Market

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Though the coloured gemstones market is not as big as the diamond market the confidence in the industry is increasing as ever. The rough diamond market is around 16 Billion US dollars whereas rough gemstone/   rare stones  produced yearly are around 2-3 Billion US Dollars globally.  Though diamonds are more expensive than coloured gemstones but at times per carat prices for emeralds and rubies exceed that of white diamonds (as per the statistics from Sotheby’s and Christie’s auctions).   Diamond started getting its share of success back in 1947 when Debeers launched its campaign “A Diamond is forever”, till then only 10% of brides in the United States chose diamond engagement rings. In comparison to that small scale, artisanal mining made up 70-80% of the coloured gemstone market wholesale and retail. The  gemstone suppliers  actively marketed coloured gemstones. With larger companies like Gemfields,  KGK Group  etc, providing consistent sup...