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.
More on Sourcing
The Latest
Events & AwardsMar 17, 2026
The Best Moments From the 2026 Gem Awards Held just before the Oscars, the jewelry industry’s big awards show had its share of standout jewelry, gowns, and acceptance speeches.
TrendsMar 17, 2026
Natalie Portman Is Tiffany & Co.’s New AmbassadorThe Academy Award-winning actress stars in Tiffany & Co.’s latest commercial, which debuted Sunday night during the Oscars.
MajorsMar 17, 2026
Kering Establishes Jewelry Division, Appoints CEOThe organizational change follows Kering’s promise of a transformation after declining sales in 2025.
Brought to you by
Is This You? Every Jeweler Has This Problem; We Have the Solution.Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.
EditorsMar 16, 2026
2026 Oscars Jewelry: One Necklace After AnotherNatalie Francisco rounds up the top Oscars jewels, including Rose Byrne’s Taffin necklace with a more than 20-carat yellow-brown diamond.
Weekly QuizMar 12, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
WatchesMar 16, 2026
TAG Heuer Has a New CEOBéatrice Goasglas has been with TAG Heuer since 2018. She is the first woman to head the 166-year-old, LVMH-owned watch brand.
IndependentsMar 16, 2026
Ben Bridge Debuts New Honolulu BoutiqueThe store features the first in-store build for the jeweler’s in-house “Bella Ponte” bridal brand.
Brought to you by
DCA Enters a New Chapter in Jewelry EducationWith refreshed branding, a new website, updated courses, and a pathway for growth, DCA is dedicated to supporting retail staff development.
AuctionsMar 16, 2026
Bonhams Paris To Offer Antique, Signed Jewels The live fine jewelry auction will take place later this week, showcasing antique pieces, rare gemstones, and signed jewels.
CollectionsMar 13, 2026
A Trio of Jewels from the 3 Gem Award Nominees for Jewelry DesignOur Pieces of the Week honor the 2026 nominees for the Gem Award for Jewelry Design, Silvia Furmanovich, Cece Fein-Hughes, and Catherine Sarr.
WatchesMar 13, 2026
Citizen, Vera Wang to Launch Watch CollectionThe 24-piece watch collection is set to debut in spring 2027.
MajorsMar 13, 2026
24 Karat Club of New York’s Banquet to Return to Waldorf AstoriaThe reopening of the Waldorf Astoria means a homecoming for the industry group’s annual event, which will take place Saturday.
CollectionsMar 12, 2026
Jessica McCormack Sends Gold, Gemstones Into ‘Orbit’McCormack looked to the 19th century’s “golden age” of astronomy when designing her new celestial-themed collection.
Events & AwardsMar 12, 2026
Johnny Nelson Wins David Yurman Gem Awards GrantNelson will be honored as the inaugural grant winner at the Gem Awards gala on Friday.
TechnologyMar 12, 2026
Caratwise Launches, Names Former Signet Exec CEO The new smart design software allows jewelers to configure, price, and confirm a custom engagement ring in real time for in-store customers.
SourcingMar 12, 2026
Grandview Klein Opens New Factory in South Africa The 10,000-square-foot diamond manufacturing facility officially opened in late February and employs 50 people.
Events & AwardsMar 12, 2026
MJSA ‘Future of Jewelry Making’ Scholarship Applications OpenThe MJSA Education Foundation’s scholarships support students pursuing jewelry careers.
AuctionsMar 11, 2026
‘Spectacular’ 26-Carat Diamond Going Up for Auction in London The largest white diamond to come to market in the U.K. in more than a decade, the VVS1, I-color stone is expected to top $1 million.
TechnologyMar 11, 2026
Cast Jewelry’s Rachel Skelly on Coming Back Online Only Skelly shares her plans for reimagining the fine jewelry retailer she re-acquired after it faltered last year.
CollectionsMar 11, 2026
Pyrrha Highlights ‘The Space Between’ In New CollectionThe collection takes inspiration from the emotional space between people, moments, and experiences.
IndependentsMar 11, 2026
From the Jazz Age to the Information Age: London Jewelers Turns 100In 2026, the jewelry retailer is celebrating a milestone only a small percentage of family-owned businesses survive to see.
IndependentsMar 11, 2026
Virginia Jewelers Raise Nearly $30K for Children’s HospitalThe group of jewelers held a jewelry raffle in support of the Children’s Hospital of Richmond at VCU.
FinancialsMar 10, 2026
Signet Jewelers’ Q4 Sales Fall Flat The jewelry giant released preliminary results for the fourth quarter and full year on Monday, with final results slated to come next week.
MajorsMar 10, 2026
Saks Global to Close 15 More StoresThe retailer also gave an update on its vendor partnerships.
TrendsMar 10, 2026
Messika Names Julianne Moore as AmbassadorThe award-winning actress is the “epitome of modern allure,” the brand said.
CollectionsMar 10, 2026
Gemstones ‘Bloom’ in Sorellina’s New CollectionThe “Bloom” collection draws from the flower power movement of the 1960s and ‘70s with inlay pendants offered in eight colorways.
Events & AwardsMar 10, 2026
Diamond-Studded Painting Shines at RJO Foundation AuctionThe unique piece was one of the custom works offered at the foundation's recent silent art auction, which garnered nearly $15,000 in total.
