Opal (Precious, Fire, Boulder)
Australia, Ethiopia
$200
per carat+0.1%
P10
$33
P25
$85
Median
$200
P75
$2.6K
P90
$4.0K
Price History
$0.2K
2020
$0.2K
2021
$0.2K
2022
$0.2K
2023
$0.2K
2024
$0.2K
2025
2020—Ethiopian supply creates entry-level boom; Australian prices firm.
2021—Market recovers; supply chains restart slowly.
2022—Australian Black Opal production declines; prices rise for top gem quality.
2023—Inflationary pressures normalize; steady growth.
2024—Welo opal prices fluctuate with local Ethiopian stability.
2025—High-end Black/Boulder opal remains strong investment asset.
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