Which are the wholesale markets for Purchase of Precious Gemstones?
This resource explores in detail the offline as well as online options to get a Precious Gemstone at Whole Sale Price in India
This question was first answered on Quora
As compared to regularly consumed commodities Gemstones are a different cup of tea for three reasons
- Every single Gemstone has a different unique pipeline of movement.
- Real Gemstones are precious, rare and durable.
- Natural and untreated gemstones are very rare and difficult to obtain.
The question does not specify the gemstone required or quality or other specifications.
If you are looking for a range of commercially traded bottom of the gem pyramid samples to high end precious Gemstones or jewelry then Jaipur in India would be a good place to start.
In Jaipur there is the famous Johari Bazaar, Gopal Ji ka Rasta and Halidyon Ka Rasta that are very famous for Wholesale of Precious as well as semi precious Gemstones and Jewellery as well.
Jaipur, A city in Northwest India, is a major gems and Jewelry centre, known for the manufacture, processing and export of colored gemstones and Jewelry.
You will be amazed to know that about half of the world’s colored Gemstones are processed in Jaipur. The Total turnover stands at INR 6500 crore (around $955 million) as of August 2017
You could also try exploring the Special Zone for Gems and Jewelry at the Export Promotion Industrial Park at Sitapura.
Remember if you are looking for a wholesale price please be ready to order a wholesale quantity. A wholesale dealer is unlikely to entertain request for a single gem or small quantity unless the ticket size is fairly large.
If you are looking for Gem Quality goods depending on the Gemstone you can look at Gem trading markets such as Bangkok( Silom) and Chanthaburi in Thailand, Sri Lanka, Colombia, Mozambique. Locations will differ as per the Gem variety, quality and quantity you seek.
If you are looking to buy one singular gem at wholesale price which I am estimating you are (Based on the statistics we have on such communication since 1996) whether its commercially traded bottom of the pyramid quality or a real gem quality at wholesale price you can wait for subsequent answers on quora itself of commercial offers and solicitations by Astrologers and some websites and you can compare the information after going through the inputs given by me.
There are also commercial gem trading areas in every city and you can also visit them to get a feel of gem, quality and price.
If you want to be a professional Gem Trader then please do research on the topic” Gemstone Pipeline”- this is beyond the scope of this medium.
Invest in making your network, hone up your negotiation skills, keep your finances in order and ready and then get into the markets as specified above.
Precious Gemstone at Whole Sale Price from the comfort and privacy of your home?
If you are looking to buy a single precious Gemstone at wholesale price, I suggest you take a look at Gemstoneuniverse. The Gemstoneuniverse Blog and the portal has published prices for more than 3000 shipped out pieces for 10 years.
This is the only and the most comprehensive database of published prices on the internet and you can compare prices of the finest Gemstones with any wholesale market in the world.
You will be pleasantly surprised to get a fine handpicked Gemstone at the fraction of the price with no risk with the Gemstoneuniverse Unmatched Price Policy.
Gemstoneuniverse gives you access to rare Gemstones from all over the world with top certification and appraisal that rarely reach normal retail at prices picked by the best of Gemstone professionals with years of expertise and fine negotiation skills.
If you want a better insight on Gemstone Pricing or would like to know more about the factors that affect a Gemstone price please click here.
Raghav Hawa – Certified Planetary Gem Advisor from the Planetary Gemologists Association and Accredited Jewelry Professional from the GIA. He is also a most viewed writer on Quora in the Gems and Jewellery category.