By Invitation
THE RISING ROMANCE OF COLOURED GEMSTONES
By Akash Talesara
Vice President, Design & Merchandising – Asian Star Group
Role of gemstones in jewellery
It’s not just about accessorizing; it’s about wearing jewellery pieces that define your entire look and make a fashion statement on their own. Think attention-demanding pieces that help you express yourself boldly with—you’re really saying a word—and maybe even two—with every wear moment IRL. We’re talking jewellery with innovative designs, shapes, colours and textures which ultimately translates to statement unawares.
Gemstones are trending in jewellery
The sparkle and lustre of gemstones have made them prized objects for thousands of years. Gems are valued for their colour, lustre, transparency, durability, and high value-to-volume ratio. In the jewellery design world gems and coloured stones are majorly used to break the monotony. Highlight a particular part or use it as a dominating element. Sometimes to add an element of detailing. It also gives a lot of scope to designers to flourish their creativity. And in today’s world when the gold prices are so volatile it also adds to creating more value for money; pieces with better perceived value if the choice of colour stones are done wisely.
Gemstone trends for this year
Gemstone and colour trends are subject to global fads and even fashion trends. Some of my best picks of Gemstones are:
– Peach morganite: Morganite jewellery that resembles the Pantone Colour of the Year 2024, “Peach Fuzz”.
– Blue sapphires: Bright gemstones that are popular in engagement rings.
– Red tourmalines: Bright gemstones that are popular in engagement rings.
– Teal missionaries: Bright gemstones that are popular in engagement rings.
– Multicolour Sapphires: One of the most sought-after gemstones in the world.
– Rainbow sapphires: A popular gemstone that offers a wide range of hues and characteristics.
– Ceylon sapphires: A popular gemstone that offers a wide range of hues and characteristics.
Vintage/Victorian looks seen as gemstone jewellery trends
The jewellers across globe often keep an eye on Hollywood to get inspired. This year, in Grammy Awards Celebs like Dua Lipa wore Over 11-carat unenhanced padparadscha sapphires and diamonds, set in 18-carat yellow gold and platinum. Trevor Noah wore “Bird on a Rock” brooch, 3-carat round brilliant-cut diamonds, featuring a pink sapphire and a central citrine weighing over 54 carats, set in 18-carat yellow gold and platinum.
Camila Rodrigo wore 15.90-carat cushion aquamarine high jewellery cocktail ring.
Kelly Clarkson burned the red carpet with magnificent Earrings taking 8.95-carat diamonds and a pear-shaped natural blue topaz, set in platinum. Even at the Golden Globes Awards ceremony this year. While JLo left a lasting impression with her morganite and diamond-encrusted hummingbird earrings, Jennifer Lawrence completed her look with blue sapphire and diamond sea coral earrings.
Functional and contemporary styles when it comes to colorstones
While the notion of the “quiet luxury” aesthetic has been very much rooted in minimalism, you’re about to see timeless functional jewellery take centre stage in everyday wardrobes. These pieces will be versatile and feel super contemporary at the same time. Think Gemstone focused classic halo pendants, elegant rings and multi-wear earrings. You can also explore more of this trend by opting for east-west pendants, bar necklaces and chain bracelets with coloured gemstones for an updated, unique twist.
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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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.