WHY ARE GEMSTONES SO EXPENSIVE?

Gemstones have been prized for centuries for their beauty and rarity. Their vibrant colors and mesmerizing sparkle have made them highly sought after and expensive. While many factors contribute to the overall cost of a gemstone, understanding why gemstones are so expensive can help you make informed decisions when buying natural gemstones. In this blog post, we’ll explore some of the reasons why gemstones are so expensive and the factors that affect their prices.

GEMSTONES ARE RARE

Gemstones are among the rarest minerals on the planet. This is due to the fact that they are formed deep within the Earth’s mantle and are not found at the surface. They can only be mined from certain areas, which add to their rarity. They are typically formed over millions of years and have to be carefully extracted from the ground. Gemstones are a finite resource, meaning that they are not infinite and cannot be replaced once they have been removed from the Earth. This makes them an even more precious and valuable commodity. Because of their rarity, they are usually expensive and sought after by collectors and investors alike.

GEMSTONES ARE DIFFICULT TO MINE

Mining for gemstones is an arduous process. It requires a great deal of experience and skill, as well as specialized equipment. Gemstone miners must be knowledgeable about geology, rock types, and the properties of various gemstones. The process involves excavating soil and rocks to find the gemstones, often in difficult and dangerous conditions.

Mining for gemstones can take place in many different locations, such as open pit or underground mines. The process of mining is labor-intensive and time-consuming. Digging through tons of material can be necessary to find a single gemstone, making the process of extracting them quite costly.

In addition, the quality of the gemstone can also vary depending on where it is mined. For example, gemstones mined from certain regions may be of lower quality than those from other areas due to environmental factors or contamination. This makes it even more difficult for miners to find quality gemstones.

Overall, mining for gemstones is a challenging process and takes a great deal of expertise and effort to obtain the desired results. The difficulty in obtaining these valuable stones drives up their cost and makes them expensive to purchase.

GEMSTONES ARE IN HIGH DEMAND

Gemstones have been highly sought after since the dawn of civilization. The rare and unique characteristics that make up these precious stones have been coveted by cultures across the world for their beauty, meaning, and symbolism. In modern times, the demand for gemstones has increased even more due to their use in jewelry and other luxury goods. Gemstones have become so popular that they are now a multi-billion dollar industry.

The demand for gemstones is driven by both fashion trends and their traditional significance in many cultures. Gemstones like diamonds, sapphires, rubies, emeralds, and other precious stones are highly prized as symbols of wealth and status. They are also used to mark important occasions like engagements and anniversaries, or simply as gifts of love. As a result, gemstones are highly sought after and their prices can be quite high.

The demand for gemstones is also fueled by the growing interest in birthstones, which are seen as having personal meanings related to the month in which a person was born. In addition, some stones are believed to have healing or spiritual properties, creating a market for spiritual crystals and gemstones like amethyst, quartz, and jade. 

From their value as a symbol of wealth and status to their use in marking special occasions or having spiritual properties, people around the world continue to be attracted to these stunning stones. As a result, gemstone prices can remain quite high.

GEMSTONES HAVE A WIDE RANGE OF COLORS

From the deepest reds and blues to the palest yellows and pinks, gemstones come in a rainbow of colors. Sapphires come in blue, yellow, pink, and green varieties, while rubies range from deep blood-red to light saturated pink color in red. Emeralds are known for their deep, emerald-green hue, but they can also come in yellow-green to blue-green color. Tourmaline is available in every color of the rainbow, including bi-color and tri-color gems. Aquamarine has a subtle blue-green shade, while topaz comes in colors ranging from white to brown, orange, yellow, and blue. There's something for everyone when it comes to gemstones and their wide array of colors.

GEMSTONES HAVE A HIGH VALUE PER CARAT

Gemstones, such as diamonds and rubies, are incredibly valuable. A single carat of a high quality diamond can cost up to several thousand dollars. This is because gemstones are often rare and hard to find, making them highly sought after.

The value of a gemstone is based on its rarity and the demand for it. Diamonds, for example, are some of the highly valued stones. The higher the quality of the diamond, the more expensive it will be per carat. Other factors that influence the price of a gemstone per carat include the cut, clarity, size, and shape. The more symmetrical and perfect the gemstone the higher its value of per carat. Generally speaking, larger gemstones have a higher value than smaller ones since they are rarer.

When shopping for natural gemstones, it is important to consider the value per carat when determining the price. It is also important to take into account other factors such as cut and clarity to determine the true value of a gemstone per carat.

Gemstones are some of the most beautiful and valuable materials found on earth. Their rarity, difficulty of extraction, and high demand make them expensive. Gemstones can range in value from a few dollars to thousands or even millions depending on the type and size of the stone. 

At GemsBiz, we offer a wide variety of loose gemstones, from natural diamonds and rubies to sapphires and emeralds from Jaipur, India. Our collection of gemstones comes from all over the world, and our prices are unbeatable.

We only sell conflict-free gemstones, so you can be sure that your purchase is authentic and ethically sourced. We have a team of experienced gemologists and jewelers who inspect each stone before it’s shipped out to you.

With our wide selection, fast shipping, and unbeatable prices, you can be sure that you’ll find the perfect gemstones. So why wait? Start browsing our selection of gemstones today!