By Invitation
A New Palette: How Color Gemstones Are Redefining Jewelry Buying Trends Across Generations
By Ramit Kapur, Managing Director, GSI
Once upon a time, fine jewelry revolved around the brilliance of diamonds and the sheen of pure gold, symbols of aspiration and status. Color, if present, was limited to the classic red of rubies, blue of sapphires, or green of emeralds.
Today, color has become the story of jewelry. From statement cocktail rings to everyday stackables, color defines how consumers express luxury and personal style, marking milestones in ways that feel authentic and individual.
What’s particularly exciting is how this color revolution is expanding beyond the traditional favorites. Buyers are embracing tanzanites, tourmalines, spinels, opals, garnets, malachite, jadeite and more for their individuality and versatility. These gemstones are stepping confidently into the spotlight, attracting those who want jewelry that stands out and tells a personal story.

Color: A Story of Heritage and Identity
Throughout history, gemstones have adorned palaces and crowns, each hue signifying power, protection, and heritage. This connection remains but has evolved into a personal form of expression. Today’s buyers, especially Gen Z and young millennials, seek jewelry that aligns with their style and adds variety to their collections. They want pieces that complement different looks in their wardrobes and reflect their evolving tastes, transforming jewelry from a mere investment into a marker of identity and conversation.
The New Stars of Color
At GSI, we see this shift daily in the gemstones we evaluate. Tourmalines in soft greens and vibrant pinks, spinels with a brilliance that rival rubies and garnets, revealing warm oranges and reds, are captivating buyers who want their jewelry to make a statement. Tanzanite, with its striking violet-blue hues, is increasingly becoming the gemstone of choice for those seeking rare yet wearable luxury.
This embrace of color isn’t limited to younger buyers. Collectors across age groups are adding colored gemstones to their collections, marking milestones with pieces that hold emotional significance beyond carat count.
Conscious Luxury and Storytelling
Today’s buyers are also more mindful about what they add to their collections. They look for pieces that come with a story, whether it’s the inspiration behind a design, the geographic origin of a gemstone, or the quality of craftsmanship involved. They value precision and artistry as much as beauty, seeking jewelry that is meaningful, well-made, and reflective of their personal style.
This is not a passing trend but a redefinition of luxury. It calls on jewelers to understand the individuality of each gemstone and curate collections that celebrate color with intention and authenticity. At GSI, we are at the forefront of this evolution, ensuring that every gemstone we certify, whether a vivid spinel or a lush garnet, retains its integrity and value in the marketplace.
Color is not just a preference; it is a return to the essence of why humanity has always adorned itself with gemstones: connection, meaning, and beauty. The world is more colorful than ever, and it’s time the industry embraced this shift with the same passion as the consumers leading it.
By Invitation
Natural diamonds have to rediscover their relevance to a jaded consumer that wants to separate themselves from the past
By Edahn Golan
Martyn Charles Marriott, drawing on 45 years in the diamond industry, in a blog titled Co-Operation between African Diamond Producers on the IDMA website, advocates for a new era of co-operation among African diamond producers, seeing the current debate around De Beers’ future as an opportunity. He proposes forming a diamond “OPEC,” reminiscent of the stability once maintained by the Oppenheimers’ Central Selling Organization (CSO). The CSO, through a stockpile, quota system, and vast generic advertising historically benefited the entire industry. Marriott believes a collective entity involving nations like Botswana and Angola would be more stable and bankable than a single-country approach.

JewelBuzz spoke to noted diamond industry analyst Edahn Golanon his take on Marriott’s view and how practical and feasible this “ nostalgic yearning” was. This is what Edahn Golan has to say:
I don’t think that resurrecting a monopoly is possible, much less legal. I understand the nostalgic yearning for the ‘good old days,’ but that is not where the solution will be found. On the contrary, the industry at large – and De Beers in particular – needs to evolve and adapt. They both need to reinvent themselves.

Natural diamonds have to rediscover their relevance to a jaded consumer that wants to separate themselves from the past, a consumer market that wants luxury that doesn’t shout bling. Most importantly, diamonds should stand for values that are relevant to today’s cultural norms.
That is where diamonds will find their future, not by reimposing tight control on the pipeline.
I also read Chaim Even-Zohar’s column. I worked with him for many years and hold deep respect for both him and his approach to the industry.
That said, I believe Botswana does not need to go all in on owning De Beers.The country already receives more than 75% of the diamond revenue generated locally, along with a portion of the revenue De Beers earns from its operations in Namibia, Canada, and South Africa. Expanding that share or seeking a larger cut from other countries would only deepen Botswana’s dependency on diamonds.
Instead, Botswana should diversify its income sources and invest more internally, a process it should have initiated more than a decade ago.
For example, if it channels investment into its international airport and succeeds in expanding tourism, the country would generate greater income, reduce its reliance on luxury sales, improve foreign currency inflows, and, in the process, expose more of the world to its diamonds.
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