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Gold $3,872.60/oz -3.2% Silver $50.12/oz -4.0% Platinum $1,526.00/oz -1.3% Palladium $993.50/oz -7.1%

Gem town

Sihui and Pingzhou jadeite markets

Sihui, China

Two of China's main jadeite manufacturing and trading towns in Guangdong: Sihui, where GIA reported more than 200,000 people working in jadeite, and Pingzhou in Foshan, with thousands of jadeite stores. Treated jadeite (bleached and polymer-filled, 'B jade') is common in the trade.

Much of the world's jadeite, mined in northern Myanmar, is cut, carved and sold in a handful of towns in Guangdong province. Sihui, west of Guangzhou, and Pingzhou in Foshan are two of the largest, with markets, carving workshops and wholesalers devoted almost entirely to jadeite.

What you find

Sihui is known for carving: from small pendants to large sculptures, much of it in mid-range material, with whole streets of workshops and a busy early-morning market. Pingzhou is known for bangles and finished jewellery, with thousands of jadeite shops. GIA reported more than 200,000 people working in the Sihui jadeite industry.

How trading works

Both towns have large wholesale markets where dealers display goods on tables and in shops, and live-streaming sellers now move a large share of the trade online. Prices are negotiated piece by piece.

Buying safely

  • Treated jadeite, bleached and polymer-impregnated ("B jade") or dyed ("C jade"), is common. Buy important pieces with a laboratory report.
  • Check the sanctions and import rules of your country: several countries restrict jadeite of Myanmar origin.

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