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Gold $3,876.40/oz +0.0% Silver $49.25/oz +0.1% Platinum $1,439.00/oz +0.0% Palladium $1,001.00/oz +0.0%

Gem markets of the world

Where the trade buys and sells in person: gem markets, trading districts, diamond exchanges and gem towns, with what is traded and when to go.

Americas

Trading district

Diamond District (47th Street)

New York, United States

Traded: Diamonds, coloured stones, jewellery manufacturing and retail

More about Diamond District (47th Street)

The block of West 47th Street between Fifth and Sixth Avenues: jewellery shops at street level, and dealers, cutters, setters and laboratories in the exchange buildings above. The Diamond Dealers Club is the trade's exchange.

Map ↗
Source: Wikipedia, 47th Street (Manhattan)

Gem market

Emerald market

Bogotá, Colombia

Traded: Colombian emeralds, rough and cut

More about Emerald market

Emerald dealers (esmeralderos) trade on the street around Avenida Jiménez and Carrera Séptima by the Plaza del Rosario, and in the emerald trade buildings nearby. Imitations and synthetics are offered to unwary buyers: buy through established dealers and with a laboratory report.

When
Every day, during the day
Map ↗
Source: Las2orillas, El mercado callejero de la esmeralda

Gem town

Teófilo Otoni

Teófilo Otoni, Brazil

Traded: Aquamarine, tourmaline, topaz, alexandrite and quartz; rough and cut; mineral specimens

More about Teófilo Otoni

Brazil's gem trading town in the gem-rich northeast of Minas Gerais, with more than 2,000 traders and a large cutting industry. It hosts the FIPP international gem fair, held since 1989.

Map ↗
Source: Estado de Minas, Capital mundial das pedras preciosas (2026)

Places, not businesses: JewelLoop does not rank, recommend or endorse any dealer. Days and hours change, so check locally before you travel. Street markets also sell imitations, synthetics and undisclosed treatments: buy important stones with a report from a recognised laboratory, and follow the export and customs rules of every country involved.

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