Opal, a mysterious gem with a kaleidoscope of colors, has always been popular with collectors and traders, and is now even more sought after by young buyers.
Australia is the world’s leading source of precious opals. According to Gemsociety.org, Lightning Ridge is the largest producer of premium opals, while Coobery Pedy is the largest producer of opals.
According to the Gemological Institute of America (GIA), there are five types of opals. They are: White Opal or Pale Opal (translucent to translucent surface with a tinted and tinted background), Black Opal (translucent to opaque with a muted background), Fire Opal ( Clear to translucent with brown, yellow, orange or red body color), Rock Opal (translucent to opaque with color change and light to dark background), and Crystal Opal or Water Opal (transparent to translucent surface with a translucent background).
As fine jewelers such as Dior, Louis Vuitton, Gucci and Cartier have chosen opal as the subject of their jewellery creations, opal dealers have seen a renewed interest in the gem.
In addition, new customers, including young buyers, are also curious about Opal. With the gradual deepening of the market’s understanding of Opal, many companies have noticed the trend of rising demand for Opal sterling silver jewelry, which is the “entry jewelry” choice for jewelry collection. Also, sales of fine 18K gold jewellery with opals are rising steadily.
Post time: Oct-13-2022