Gübelin Launches Online Marketplace for Traceable Gems

                 Provenance Proof Marketplace

The House of Gübelin has introduced a digital exchange that enables buyers and sellers to connect directly to trade responsibly sourced gemstones.

The project, Provenance Proof Marketplace, is an extension of the blockchain digital ledger for colored gemstones the Swiss-based company launched in 2018 in partnership with Everledger. It is the first platform in the industry for transparently traded gems, Gübelin claimed Monday.

Consumers are increasingly demanding sustainability and transparency in the jewelry they purchase, Gübelin explained. However, it has become challenging for designers to find responsibly sourced gems, it added.

“The Provenance Proof Marketplace is a further milestone, allowing more transparency in the jewelry and gemstone industry,” said Raphael Gübelin, president of the House of Gübelin. “The online marketplace simplifies both access as well as sales of transparently traded gemstones.”

Source: DCLA

Super-rich are investing in diamonds

Amid economic uncertainty, the super-rich are looking to ultra-rare precious gemstones as a ‘safe’ store for their wealth

Fine jewellery sales are seeming to weather the coronavirus crisis, thanks to lockdown proposals and demand for precious pieces to mark birthdays and anniversaries. Some jewellers report that people are spending more on gifts than usual, in lieu of ‘proper’ face-to-face celebrations.

And at the high end of the market, collectors are still investing in rare gemstones – sometimes seeing them as a safer store for their money than the volatile stock market or property.

Source: DCLA

Super-rich are investing in diamonds

Amid economic uncertainty, the super-rich are looking to ultra-rare precious gemstones as a ‘safe’ store for their wealth

Fine jewellery sales are seeming to weather the coronavirus crisis, thanks to lockdown proposals and demand for precious pieces to mark birthdays and anniversaries. Some jewellers report that people are spending more on gifts than usual, in lieu of ‘proper’ face-to-face celebrations.

And at the high end of the market, collectors are still investing in rare gemstones – sometimes seeing them as a safer store for their money than the volatile stock market or property.

Source: DCLA