With interest growing among Millennials and Gen Z, the watch-auction market saw an explosion of outstanding sales in 2025.

The estimates for some of 2025’s jewels recall the excitement of record-breaking auctions past.

See how diamonds performed under the hammer at auction houses around the world.

Despite tariffs, geopolitical uncertainty and a softer art market, jewelry proved resilient, with white-glove sales, record prices and global demand across categories.

Dive into the proprietary diamond data shaping the industry’s business decisions.

While Americans have had trouble buying overseas, US sellers are reaping the benefits – and may be giving Geneva a run for its money.

These sales reflect the stones’ value as well as consumers’ confidence in the market.

Four auction officials share the pieces they loved best out of 2025’s offerings.

Behind the scenes, the American Gem Trade Association has been fighting a quiet, complex and costly battle in Washington to get gemstone shipments moving again.

In India’s manufacturing heartland, despair has begun to claim the lives of cutters and polishers as sanctions choke supplies and lab-grown stones reshape markets. Our reporters share workers’ firsthand stories.