The charming mysticism of precious stones is the stuff of legend, and today, these ‘tears of the gods’ are opening up major new opportunities for investors.
Now estimated to be worth north of $100 billion, the gemstone industry is growing in leaps and bounds, with analysts projecting that demand for diamonds and gemstones will continue to outstrip supply.
A lack of new discoveries, a growing inclination towards branded ornaments, a plunging dollar and ease of access thanks to online shopping have combined to make this one of the hottest markets of the year.
While diamonds have led the gemstone surge in recent decades, it’s emeralds, rubies and saphires that are poised to boom, with Technaviot predicting that the global gems and jewelry market will reach $292 billion by the end of 2019.
One only needs to look …View the full post at: 5 Companies To Watch As Luxury Markets Boom …