Gemology

AAA

DEFINITION of 'Gemology'

The combined art and science of studying, cutting, valuing, buying and selling precious stones. Some of the most precious stones that gemologists deal in include diamonds, rubies, sapphires and emeralds.

Gemology is spelled gemmology outside of North America.

INVESTOPEDIA EXPLAINS 'Gemology'

With advances in gemstone synthesis, gemology has become a much more important field of study. Gemologists value stones based on a number of factors, including cut, color, quality and clarity. When returns in the stock market decline, aggressive investors often seek out alternative investments that hold more promise of increasing returns on invested capital. Gemstone investing can appeal to people who want to make quick returns, but it is highly speculative and should be left to experienced professionals.

RELATED TERMS
  1. Precious Metals

    A classification of metals that are considered to be rare and/or ...
  2. Four Cs

    The four characteristics used to determine the value of a diamond. ...
  3. Diamonds

    1. An extremely hard gemstone used mainly for jewelry, tools ...
  4. Comparables

    A valuation technique in which a recently sold asset is used ...
  5. Fool's Gold

    Also known as iron pyrite, fool's gold is a gold-colored mineral ...
  6. Gold Bug

    An individual who is bullish on gold. Gold bugs believe that ...
Related Articles
  1. Economics

    What Is Wrong With Gold?

    Despite its historic and symbolic appeal, this metal is simply a commodity. Here we explore its meaning as an investment.
  2. Options & Futures

    Introduction To Gemology

    Gemology as an investment alternative may seem glamorous, but it's not for the faint of heart.
  3. Active Trading

    Diamonds: The Missing Commodity Derivative

    While they may be "a girl's best friend", diamonds haven't made it to the futures market - yet.
  4. Investing

    Using Technical Analysis In The Gold Markets

    The quest for this shiny commodity has made millionaires of paupers and, on the flip side, ruined many an investor.
  5. Fundamental Analysis

    Why are OTC (over-the-counter) transactions controversial?

    Learn more about over-the-counter transactions, and why OTC traders are considered riskier than traders working with larger market exchanges.
  6. Options & Futures

    What is the difference between arbitrage and hedging?

    Dive into two very important financial concepts: arbitrage and hedging. See how each of these strategies can play a role for savvy investors.
  7. Chart Advisor

    Use These Two ETFs To Profit From A Reversal In Gold

    Traders recently have been setting their sights on gold. Buying the metal would have translated into a nearly 10% in only a few short weeks, while investing in mining-related stocks could have ...
  8. Investing Basics

    The Strange New World Of The Bitcoin Exchange Futures Market

    We explain the basics of the Bitcoin exchange and futures market.
  9. Economics

    Which country has the most gold?

    Learn which countries hold the most in gold reserves, and explore the reasons holding gold may be beneficial to a country's economy.
  10. Mutual Funds & ETFs

    Can you invest in hedge funds?

    Read about what it takes to invest in a hedge fund, and learn how some investors find ways to indirectly capture a hedge fund's returns.

You May Also Like

Hot Definitions
  1. Command Economy

    A system where the government, rather than the free market, determines what goods should be produced, how much should be ...
  2. Prospectus

    A formal legal document, which is required by and filed with the Securities and Exchange Commission, that provides details ...
  3. Treasury Bond - T-Bond

    A marketable, fixed-interest U.S. government debt security with a maturity of more than 10 years. Treasury bonds make interest ...
  4. Weight Of Ice, Snow Or Sleet Insurance

    Financial protection against damage caused to property by winter weather specifically, damage caused if a roof caves in because ...
  5. Weather Insurance

    A type of protection against a financial loss that may be incurred because of rain, snow, storms, wind, fog, undesirable ...
  6. Portfolio Turnover

    A measure of how frequently assets within a fund are bought and sold by the managers. Portfolio turnover is calculated by ...
Trading Center