SourcingJan 13, 2025
Zambia Reinstates 15% Export Duty on Precious Gemstones, Shocking GemfieldsSourcingJan 23, 2025
RapNet, AGTA Partner to Launch Gemstone Trading Network
The online diamond and jewelry marketplace has expanded, introducing a new platform dedicated to colored gemstone trading.
RapNet and AGTA have announced the new Gemstone Trading Network, a colored gem trading platform set to launch at AGTA GemFair Tucson next month.
Dallas—Diamond trading network RapNet is expanding its platform to include loose colored gems.
The new dedicated colored gem trading platform, Gemstone Trading Network, was developed in collaboration with the American Gem Trade Association (AGTA).
It integrates the association’s ethical standards and arbitration procedures, which AGTA said will ensure trust and transparency in gemstone trading.
The platform will launch at AGTA GemFair Tucson next month.
RapNet said the move highlights the growing significance of colored stones within the global jewelry market and demonstrates how the online marketplace is committed to serving the industry’s evolving needs.
Partnering with AGTA underscores the platform’s dedication to “maintaining high industry standards while delivering cutting-edge solutions for gem dealers and retailers,” according to RapNet.
“We are thrilled to offer gem businesses the ability to connect and trade 24 hours a day,” said Saville Stern, chief operating officer of RapNet.
“Our platform empowers sellers to reach a vast audience of buyers, while buyers can effortlessly find the perfect gemstone at the right price, anytime, anywhere. The collaboration with AGTA has been instrumental in creating a platform that meets the needs of the modern gem trade, and we are confident this partnership will drive success for gem buyers and sellers across the industry.”
AGTA President Kimberly Collins and AGTA CEO John W. Ford, Sr., in a joint statement, added, “AGTA, as the pioneer of ethical gem trading and colored gemstone disclosures, [is] proud to partner with RapNet to bring this colored gemstone marketplace to the world.”
For more information about the RapNet Gemstone Trading Network, visit the website or contact Sherri Hendricks at Sherri@diamonds.net.
Related stories will be right here …
The new dedicated colored gem trading platform, Gemstone Trading Network, was developed in collaboration with the American Gem Trade Association (AGTA).
It integrates the association’s ethical standards and arbitration procedures, which AGTA said will ensure trust and transparency in gemstone trading.
The platform will launch at AGTA GemFair Tucson next month.
RapNet said the move highlights the growing significance of colored stones within the global jewelry market and demonstrates how the online marketplace is committed to serving the industry’s evolving needs.
Partnering with AGTA underscores the platform’s dedication to “maintaining high industry standards while delivering cutting-edge solutions for gem dealers and retailers,” according to RapNet.
“We are thrilled to offer gem businesses the ability to connect and trade 24 hours a day,” said Saville Stern, chief operating officer of RapNet.
“Our platform empowers sellers to reach a vast audience of buyers, while buyers can effortlessly find the perfect gemstone at the right price, anytime, anywhere. The collaboration with AGTA has been instrumental in creating a platform that meets the needs of the modern gem trade, and we are confident this partnership will drive success for gem buyers and sellers across the industry.”
AGTA President Kimberly Collins and AGTA CEO John W. Ford, Sr., in a joint statement, added, “AGTA, as the pioneer of ethical gem trading and colored gemstone disclosures, [is] proud to partner with RapNet to bring this colored gemstone marketplace to the world.”
For more information about the RapNet Gemstone Trading Network, visit the website or contact Sherri Hendricks at Sherri@diamonds.net.
Editors' Picks
Sponsored by
More on Sourcing
The Latest
CrimeAug 12, 2026
Elderly NYC Woman Targeted in Jewelry Swap SchemeTwo suspects offered to trade the woman a “winning” lottery ticket for her jewelry.
CrimeAug 12, 2026
Jewelry Store Employee Gets 20 Years to Life in Choking Death of BossMichel Patrick DeSalles was sentenced after pleading guilty to the 2017 murder of Omid Gholian, who owned a jewelry store in Manhattan.
MajorsAug 12, 2026
Frederick Goldman Names New SVP of SalesLongtime industry executive Beth Miller has taken on the role.
Brought to you by
Why More Jewelry Retailers Are Hosting Turnkey Estate Buying EventsRetailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.
AuctionsAug 11, 2026
Verdura Unicorn Brooch With Royal Connection Up for Auction The brooch was owned by Virginia Fortune Ryan Ogilvy, who served as a lady of the bedchamber to Queen Elizabeth II for nearly 50 years.
Weekly QuizAug 07, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
MajorsAug 11, 2026
Signet Jewelers Selects Mattel Exec to Lead Zales, BanterJamie Cygielman will take on the role on Aug. 24.
IndependentsAug 11, 2026
Polly’s Fine Jewelry Co-Owner Richard Moore Dies at 69Moore, Polly’s husband, is remembered as a family man with an easygoing spirit and a love for sports and the outdoors.
Brought to you by
Wedding Band Trends 2026: Personalization Takes Center StageColored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.
ColumnistsAug 11, 2026
Creative Connecting: How to Sell Colored Gemstones to Gen ZDuvall O’Steen and Jen Cullen Williams share the best ways to display, present, and explain colored gemstones to younger customers.
Events & AwardsAug 11, 2026
NAJA Announces Lineup For 2026 Fall Virtual ConferenceThe mid-year conference for jewelry and watch appraisers will take place Sept. 5-6 on Zoom.
TechnologyAug 10, 2026
Colorado Jeweler Launches Customization Tool He Built HimselfHonest Hands Ring Co. Founder Benjamin Bosworth shared his thoughts on jewelry technology and why AI can never replace the human element.
MajorsAug 10, 2026
QVC Exits Chapter 11 Bankruptcy, Names New Interim CEOQVC Group President and CEO David Rawlinson is temporarily being replaced by a familiar face, former QVC CEO Mike George.
CollectionsAug 10, 2026
State Property Puts a Ripple in the ‘The Voyager’ CollectionThe brand also added two one-of-a-kind brown diamond pieces to the “Sanssouci” series of its “Gardens” collection.
MajorsAug 10, 2026
And IJO’s 2026 Vendor of the Year Is … Ostbye took home top vendor honors at the Independent Jewelers Organization’s show, held last month in Kentucky.
Supplier BulletinAug 07, 2026
Why More Jewelry Retailers Are Hosting Turnkey Estate Buying EventsSponsored by Stratus Estate Buyers
MajorsAug 07, 2026
Retail Veteran Pam Cloud Appointed President of Blue NileCloud, who will officially join Blue Nile on Monday, spent 26 years at Tiffany & Co. and founded jewelry brand Roseate.
MajorsAug 07, 2026
Pandora Appoints Paulo Garcia as New CFO Garcia will take over from the company’s current CFO, Anders Boyer, who is retiring at the end of November.
MajorsAug 07, 2026
Etsy to Lay Off 12% of WorkforceEtsy CEO Kruti Patel Goyal explained why the company is letting go more than 200 employees as its performance improves.
TrendsAug 07, 2026
Look Ahead with Syna’s Binoculars PendantThe “Star Gazer” pendant, our Piece of the Week, is Syna’s tribute to curiosity and the discovery of something new.
CrimeAug 06, 2026
Lalique Museum to Remain Closed Following $5M HeistMuseum officials are looking to the public to help cover the “exceptional” costs involved in recovering from the July 5 smash-and-grab.
MajorsAug 06, 2026
Claire’s Revamps Piercing Services for Second Time in Three Years The overhaul includes enhanced employee safety training and trendy earring styles, including lab-grown diamond studs.
FinancialsAug 06, 2026
Brilliant Earth’s Q2 Sales Up 6%, Driven by High-Income ShoppersThe retailer said it had its biggest Mother’s Day ever, with strong demand for higher-priced jewelry.
TrendsAug 06, 2026
New Book on Handcrafted American Objects Highlights Jewelry“Handwork: Handcrafted Objects that Made America” features historic and contemporary works, including a Diné squash blossom necklace.
MajorsAug 06, 2026
AJA East Coast Names Ani Khachian as First Female President-ElectThe Armenian Jewelers Association’s East Coast chapter has also elected its 2026–2027 board of directors.
MajorsAug 05, 2026
Private Equity Firm Wants to Buy 100+ JCPenney StoresOnyx Partners has submitted a second offer to buy the department stores after its first offer fell through last year.
IndependentsAug 05, 2026
Atlanta Jeweler Introduces $10K MartiniSolomon Brothers Jewelers has partnered with local cocktail bar Roaring Social on a new martini garnished with a tennis necklace.
IndependentsAug 05, 2026
Another Member of the Siegel Family Joins Hamilton Jewelers Benjamin Siegel, son of President and CEO Hank Siegel, started working for the family business this week.
