The Gem Revolution Could Leave Diamonds Behind

Colored gemstones are drawing the attention of diamond market investors, and in the coming months these investors could be rewarded with a booming market. International money from the diamond market—valued at $80 billion—is now flooding in to colored gemstones. Market research analyst Technaviot predicts that the global gems and jewelry market will reach $292 billion by the end of next year. And colored gems are now fetching premium prices, with one Colombian emerald sold for a mind-blowing $5.5-million at a recent Christies auction…