Gold is valuable, Jade is Priceless !

Chinese buyers have been conspicuously buying some of the world’s costliest diamonds at auctions and luxury jewelry houses, but jadeite remains the traditional favorite. “Gold is valuable; jade is priceless,” according to a centuries-old saying....

With China’s rising wealth comes rising demand—and prices—for jadeite of all qualities and colors. Beyond its beauty, the gem traditionally represents prosperity and longevity. And the jadeite bangle is believed to protect the wearer from harm, particularly from a fall.

Demand has skyrocketed, but conditions at the source—Myanmar—have deteriorated sharply in the past four years, cutting supply to a fraction of what it once was.