Gemstones as a Store of Value: Key Takeaways from the 2025 Hong Kong Jewellery Show

At the 2025 Hong Kong Jewellery Show, one shift was impossible to overlook: gemstones are no longer being discussed purely as objects of adornment. They are being treated as hard assets — and the market is pricing them accordingly. Exhibitors who once quoted stones by the piece have moved to per-gram and per-carat pricing, a structural change that signals how far the revaluation has already come.