People seem to only refer to gold and silver when discussing precious stones people can invest in. However, there are several other precious stones you can invest in without even looking at gold and silver.

This will be the main focus of my post; precious stones people can invest in apart from gold and silver, the worth of each precious stone, and other information you might need about them.

Precious stones are rear metal elements used as means of payment, production of jewelry, coins, and so on.

Apart from their high prices and scarcity, they are also characterized by specific weight, electrical conductivity, beautiful appearance, and high resistance.

Precious stones are traded on world exchanges, and their price is measured in dollars per troy ounce (USD/oz.). They are now an essential aspect of the reserves of central banks and other investors. It refers to pieces of mineral crystals that are used to make jewelry and other adornments.

The following are the reasons why you should invest in other precious stones:

  • Stability: Precious stones are stable and secure because they can’t be discarded or diminished. They protect against inflation by retaining their value, especially in turbulent periods.
  • Liquidity: There is always the assurance that you have your money because precious stones can be redeemed instantly whenever cash is needed.
  • Long-Term Value and Independence: Precious stones are independent and protect the owner against government intervention and are independent of companies’ economic situation, state, currency, and capital value.

Let us be sincere with ourselves: Investing In Gemstone Is Not For Everyone! But for those who love fine gemstones and beautiful jewelry, rare gems have a good history of increasing in value over time. When the stock market is declining and currency is losing weight, gemstones are a reliable store of value that is also compact and portable.

One astonishing thing about many precious stones is that the world’s demand for fine gemstones far exceeds the supply, and gemstone prices mainly move upward over time. Yes, any high-quality gem may be worthy of investment.

Here are five precious stones one can invest in apart from Gold and Silver. 

1. Ruby:

Fine ruby is the rarest of all colored gems, and Burmese ruby has long been the premier investment gem. Fine unheated Burmese rubies in larger sizes draw prices as high as 300,000 U.S Dollars to 400,000 U.S Dollars a carat at auction. Vivid red — a color is known in the trade as pigeon’s blood — is the most valuable color. Rubies tend to have inclusions, so the color is more critical than perfect clarity.

Burma rubies are by far the most valuable, but fine unheated rubies from other locations — Madagascar, Mozambique, and Tanzania — are rapidly increasing in value.

2. Blue Sapphire:

A firm says, ‘Based on sales from the top auction houses, blue sapphire is the second most popular colored stone for investment.’

The rarest sapphires are from what is known as ‘Kashmir,’ but no new material has been mined there in more than 100 years.

3. Emerald:

As a result of controversies over treatments with artificial resins, The emerald market has seen some turmoil. However, fine untreated emeralds continue to be reliable investments.

Colombia, especially in large sizes, continues to be the most valuable, followed by the top Brazilian emeralds. Some high-quality emeralds are also mined in Zambia. Investment-grade emeralds must be untreated.

4. Spinel:

Spinel is a relative newcomer as an investment gem, but some of the most famous rubies in the world, such as the Black Prince’s ruby in the British Crown Jewels, are spinels.

The most valuable spinel colors are red, hot pink, and flame orange. Red Burmese spinels and the neon pink-red spinels from Mahenge, Tanzania, have the best investment potential.

Spinel is wholly untreated, and prices on fine pieces have risen significantly in the last five years.

5. Tsavorite Garnet:

In case you don’t know, the Tsavorite Garnet is a rare gem from East Africa that has begun to challenge emeralds as the finest of the green gemstones.

Unlike emeralds, tsavorite is always untreated and has more brilliance than emeralds due to its higher refractive index.

Tsavorite over 2 carats are very rare, and fine stones over 4 carats count as exceptionally rare. Colors range from mint green to deep chrome green.

6. Platinum

Platinum is a malleable, ductile, dense, highly unreactive, precious gray-white transition metal. Its name is derived from the Spanish term ‘Platina,’ which means little silver.

7. Diamonds

Diamonds are graded using a grading system developed by the Gemological Institute of America (GIA) in the early 1950s. Diamond is one of the most popular and sought-after stones used as decorative items since ancient times.

8. Palladium

Palladium is a rare and lustrous silvery-white metal discovered in 1803 by William Hyde Wollaston.

9. Sapphire

This is a precious stone with a variety of mineral corundum, an aluminum oxide. They are blue except for fancy sapphires in yellow, orange, purple, and green.

Some also show two or more colors, which we call ‘party sapphires.’

It is the most precious blue stone due to its color, durability, luster, and hardness. It is a stone of wisdom, royalty, divine favor, and prophecy and is always associated with sacred things.

10. Emerald

This is the most valuable and famous green precious stone; it is the green variety of Beryl. It is one of the most expensive gemstones considering its beautiful green color, rarity, and durability.

One of the most desired colors in emeralds is deep green.

In the early days, owning an emerald increases the owner’s importance in society.

11. Pearl

Pearls are the most loved among all precious stones because of their warmness and seductive strands, and it is purely organic. It is a hard spherical object produced within the soft tissues of a living shelled mollusk.

The term “pearl” means ‘unique’ which means that two pearls are not identical; they are all unique in different ways. Pearls are highly valued precious stones.

12. Opal

I am a hydrated amorphous form of silica with a water content that range from 3% to 21%. It is the stone given to celebrate the 14th year of marriage; the name ‘opal’ was derived from the Sanskrit Upala, meaning ‘precious stone.’

There is no other stone with a rich folklore like opal.

It is also derived from the Greek derivative ‘Opallios,’ which means ‘to see a change of color.’

This precious stone has been considered both the luckiest and unluckiest gems because each opal is distinctly individual. There are several varieties of opals.

Opals are one of the most spectacular precious stones; one single stone can show every spectrum color with a quality and intensity surpassing diamonds’ fire.

So, here we are. Though many precious stones are available, a professional gemstone firm rated the above higher. Do your research and invest accordingly.