Markets/Onyx

Onyx

Brazil, India · 5 specimens · 16.5ct avg

$61
per carat+0.0%
P10
$1
P25
$3
Median
$61
P75
$13
P90
$17
Onyx
Onyx
Onyx
Onyx
Onyx
Onyx

Onyx is a striking banded variety of chalcedony, known for its rich black color often accented with white or brown bands. It has a hardness of 6.5 to 7 on the Mohs scale, making it suitable for various jewelry applications, commonly cut into cabochons or beads.

Price History

$4
2020
$5
2021
$5
2022
$5
2023
$5
2024
$5
2025
2020Stable demand, pre-pandemic market conditions.
2021Market recovers; supply chains restart slowly.
2022Prices hold steady amidst post-COVID uncertainty.
2023Inflationary pressures normalize; steady growth.
2024In 2024, the American Gem Trade Association will host a conference focusing on the impact of tariffs on colored gemstones, including Onyx.
2025In 2025, a major international gemstone exhibition will feature Onyx prominently, showcasing its appeal to global collectors.

Listings

A 'Panther' bangle, by Cartier
18.00ctchristies.com
$1.1K/ct
$18,900
$228/ct
$4,095
Onyx Necklace
0.35ctUnknownuser-scan
$114/ct
$40
$105/ct
$1,890
$61/ct
$551
Onyx Bracelet
2.00ctUnknownuser-scan
$35/ct
$70
Carved Gemstone Beads
5.00ctUnknownuser-scan
$30/ct
$150
Onyx Turtle Bracelet
0.49ctUnknownuser-scan
$19/ct
$9.27
Onyx Bead Necklace
0.50ctUnknownuser-scan
$8/ct
$3.77

Specimen Data

Shapes
Round
8
Oval
3
Pear
2
Rose
1
Baguette
1
Origins
Unknown
5
Clarity
Opaque
4
Eye Clean
1
Treatments
No Indication of Treatment
3
Unknown
2
None
1

Value Drivers

Carat

Carat weight significantly influences Onyx pricing, with larger stones generally commanding higher prices. The current market shows a median price of $46 per carat, but larger pieces can reach much higher values.

Color

Color plays a vital role in Onyx pricing, with pure black stones being the most sought after. Variations with distinct banding or unique color patterns can also attract premium prices.

Clarity

Clarity is less critical for Onyx compared to other gemstones, as this variety can tolerate some inclusions without significantly affecting its value. However, stones with fewer visible imperfections are generally more desirable.

Cut

The cut of Onyx can impact its appeal and price, with well-executed cabochons and beads often fetching higher prices. Unique shapes and designs can also enhance a piece's marketability.

Market Dynamics

Supply

The current supply of Onyx is stable, with no specific origin data available to indicate significant fluctuations. This stability is beneficial for collectors and investors looking for consistent availability.

Global supply of Onyx remains steady, with various sources contributing to the market.There is a healthy circulation of Onyx in the market, with numerous listings available across various price points. in circulation
Demand

Demand for Onyx is driven by its cultural significance in jewelry and decorative arts, as well as its appeal to collectors and designers. Its versatility makes it a popular choice for both traditional and contemporary pieces.

Recent news indicates potential tariff increases on colored gemstones, which could affect Onyx prices and availability in the U.S. market. As collectors remain vigilant, the market may experience shifts in pricing dynamics.

News

Insights

The median price per carat for Onyx is currently $46, while the mean price is significantly higher at $96.

The price range for Onyx varies widely, with a P10–P90 spread from $18 to $200 per carat.

Larger Onyx stones tend to command higher prices, reflecting the market's preference for substantial pieces.

The recent introduction of tariffs on colored gemstones could lead to increased costs for consumers, impacting demand.

Testing can distinguish natural from dyed material through color concentrations in fractures and reactions to certain solvents.

Onyx's affordability means that design and branding are often the main drivers of finished jewelry prices.

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