Coloured gemstones are defying the downturn in the price of diamonds as consumers look past cheaper man-made stones towards more personalised jewellery.
While the diamond sector fends off a flood of lab-grown equivalents and struggles with weak global luxury demand, the prices of other precious stones have held up on global markets.
Mining and retail executives say consumer preference for unique and bespoke jewellery, as well as the growth in reliable, responsible supplies are likely to keep demand high until at least the end of the decade.
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