Last month the government of Zambia restricted the sale of emeralds extracted in that country. The restriction says that emeralds produced or extracted in Zambia could not be sold abroad and had to be sell in its capital. The decision was taken, as the ministry of mines said “to keep the capital from flying and to deliver Zambians the much-needed resource.”
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Loose Emerald gemstones are purchased basically for two reasons. The first one is to be used in jewelry applications, to be mounted on rings, earrings, necklaces and many more jewels. The second one is to be used as an investment asset, as many people might purchase gold due to its rise in price which makes it more profitable than many other investments. The rise in prices of emeralds has been steady and proven to be very profitable, specially Colombian loose emeralds, which are considered to be the best in quality and most valued by buyers.
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