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Gemstone marketing in the Asia Pacific has taken a more distinct and aggressive approach.
Africa, even with its abundance of natural resources, has not risen to the top because of the lack of regulation in the mining industry.
2018 promises to be a big year for platinum industry if it can offset weak demand for fuel cell cars.
Adding pressure to Israel's diamond industry is the fact that India has taken its spot in the global market.
The Israel Diamond Exchange also launched the Carats.IO Diamond Currency during the event.
Strong Chinese and Indian demand may propel diamond prices to new heights in 2018.
Almost all beauty products contain titanium dioxide, which comes from mined minerals.
Experts suggest the demand for gemstones sourced from Asia will continue to surge in 2018.
Some countries are implementing changes to improve local production of raw minerals and lessen dependence on imports.
Armenia is a key supplier of diamonds in the world.