International News
Gemfields Auction Results: Commercial-Quality Emeralds
Gemfields announces the results of an auction comprised of commercial-quality rough emeralds held during the period 17 November – 4 December 2025.
Highlights: December 2025 Commercial-Quality Emerald Auction
Total auction revenues of USD 25.4 million
- 46 lots were offered for sale and 45 were sold (98%)
- Average price of USD 7.46 per carat
- The 53 auctions of Kagem gemstones held since July 2009 have generated USD 1.147 billion in total revenues
The specific auction mix and the quality of the lots offered at each auction vary in characteristics such as size, colour and clarity on account of variations in mined production and market demand. Therefore, the results of each auction are not always directly comparable.

Adrian Banks, Gemfields’ Managing Director of Product & Sales, commented:“Today’s auction results mark a successful conclusion to a challenging year for Kagem. Following the temporary suspension of mining operations during the first half, the business has nonetheless delivered a strong performance for 2025, culminating in this auction’s solid contribution to USD 79 million of total Kagem auction revenues for 2025.
The firm pricing seen across all quality categories demonstrates that the pressures experienced at the end of 2024 and early 2025 have largely subsided. Market sentiment has strengthened and the sustained demand observed since the third quarter of 2025 continues to underpin robust performance.
We extend our appreciation to the Kagem team for their continued hard work and extend our thanks also to the Industrial Development Corporation of Zambia, Kagem’s 25% shareholder.”
The auction lots were made available for private, in-person viewings by customers in Jaipur, India. Following the viewings, the auctions took place via an online auction platform specifically adapted for Gemfields and which permits customers from multiple jurisdictions to participate in a sealed-bid process.
The rough emeralds sold were extracted by Kagem (which is 75% owned by Gemfields and 25% by the Industrial Development Corporation of Zambia). The proceeds of this auction will be fully repatriated to Kagem in Zambia with all royalties due to the Government of the Republic of Zambia being paid on the full sales prices achieved at the auction.
| Category | Aug–Sep ’23 Auction | Mar ’24 Auction | Aug–Sep ’24 Auction | Apr ’25 Auction | Nov–Dec ’25 Auction |
|---|---|---|---|---|---|
| Dates | 29 Aug – 15 Sept 2023 | 5 – 22 Mar 2024 | 27 Aug – 13 Sep 2024 | 11 – 29 Apr 2025 | 17 Nov – 04 Dec 2025 |
| Location | Jaipur, India / Online | Jaipur, India / Online | Jaipur, India / Online | Jaipur, India / Online | Jaipur, India / Online |
| Type | Commercial Quality | Commercial Quality | Commercial Quality | Commercial Quality | Commercial Quality |
| Carats offered | 3,392,395 | 4,171,375 | 3,978,450 | 3,029,690 | 3,656,830 |
| Carats sold | 3,392,395 | 3,854,950 | 2,423,550 | 2,388,190 | 3,406,830 |
| No. of companies placing bids | 50 | 50 | 39 | 50 | 55 |
| No. of lots offered | 43 | 43 | 46 | 36 | 46 |
| No. of lots sold | 43 | 40 | 28 | 32 | 45 |
| Percentage of lots sold | 100% | 93% | 61% | 89% | 98% |
| Percentage of lots sold by weight | 100% | 92% | 61% | 79% | 93% |
| Total sales realised at auction | USD 25.5 million | USD 17.1 million | USD 10.8 million | USD 16.4 million | USD 25.4 million |
| Average per carat sales value | USD 7.51/carat | USD 4.45/carat | USD 4.47/carat | USD 6.87/carat | USD 7.46/carat |
GlamBuzz
All That Glitters: The Jewellery Moments Everyone Talked About at the 2026 Golden Globes
From archival diamonds to playful brooches, Hollywood’s biggest night sparkled with fearless jewellery statements
The 2026 Golden Globes didn’t just celebrate cinematic brilliance—it redefined red-carpet glamour. Set against a newly designed red carpet at the Beverly Hills Hotel, the evening shimmered beneath four magnificent Swarovski crystal chandeliers, casting a radiant glow on Hollywood’s finest. But the true spectacle lay in the extraordinary jewellery moments that unfolded as stars stepped into the spotlight.
Teyana Taylor delivered one of the night’s most talked-about looks, pairing her Best Supporting Actress win for One Battle After Another with striking 1940s Tiffany & Co. earrings. The archival diamonds perfectly offset the playful audacity of her custom Schiaparelli gown, proving once again that classic jewels and modern fashion can collide spectacularly.



Zoë Kravitz championed the romantic return of the hair pin, wearing a bespoke creation by Jessica McCormack that felt both intimate and effortlessly chic. Meanwhile, Charli xcx leaned fully into Old Hollywood glamour, completing her custom Saint Laurent ensemble with cascading De Beers diamond strands that echoed timeless screen sirens.



Men’s jewellery continued its powerful rise on the Golden Globes carpet. Colman Domingo stood out with an elegant suite of Boucheron diamonds, styled as ivy-like tendrils flowing over his custom black Valentino tuxedo—an artful blend of couture and craftsmanship. Paul Mescal reaffirmed his love for refined accessories with a Cartier tie pin, while Connor Storrie brought playful elegance with Tiffany & Co.’s iconic Bird on a Rock brooch.


One of the most imaginative jewellery moments belonged to Wicked director Jon M. Chu, who wore two beaded figurative brooches depicting his co-stars and fellow nominees Ariana Grande and Cynthia Erivo. Designed by Italy-based embroidery artist Nerd Bead—discovered by Chu on Instagram—the pieces added personality, storytelling and warmth to the red carpet.



Elsewhere, Emily Blunt sparkled in Tiffany & Co., Priyanka Chopra Jonas turned heads in Bulgari, Hailee Steinfeld chose the architectural elegance of Repossi, Claire Danes glowed in Pomellato, Natasha Lyonne dazzled in Chopard, Jennifer Lawrence opted for Swarovski, and Timothée Chalamet continued his refined jewellery streak with Cartier.



At the 2026 Golden Globes, jewellery wasn’t merely an accessory—it was a statement of individuality, creativity and evolving red-carpet expression. From archival diamonds to bold brooches, the night served as a brilliant reminder that fine jewellery remains one of Hollywood’s most powerful storytelling tools
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