Gemfields achieved strong commercial results at its first commercial-quality emerald auction in nine months, highlighting persistent demand for gemstone inventory. Held between August 24 and September 10, 2026, the event generated $29.6 million in total revenue as buyers purchased all 44 offered lots, achieving an average price of $9.72 per carat. The complete sell-through underlines robust market interest and ongoing appetite for commercial-quality rough emeralds.
Discover P.J. Joseph's blog, your guide to colored gemstones, diamonds, watches, jewelry, art, design, luxury hotels, food, travel, and more. Based in South Asia, P.J. is a gemstone analyst, writer, and responsible foodie featured on Al Jazeera, BBC, CNN, and CNBC. Disclosure: All images are digitally created for educational and illustrative purposes. Portions of the blog were human-written and refined with AI to support educational goals.
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