Gems Market: The Hub of Gems Trading in Chanthaburi
Introduction:
Gems Market, also known as Gems Road, is a renowned commercial area situated in Chanthaburi, famously known as the “city of gems.” The Gems Road refers to the primary street of Si Chan Road and the adjacent side streets of Soi Krachang, Wat Mai subdistrict, Mueang district. This road is considered one of the most bustling business centers in the province, housing over 120 gold, gems, and precious stone shops. Undoubtedly, this market holds the distinction of being thailand‘s largest hub for gems trading. The Gems Market operates exclusively on Fridays, Saturdays, and Sundays, from 10.00 am to 3.00 pm. While price surveys are generally conducted on Fridays, the actual trading takes place on Saturdays. The market is a vibrant and lively place, attracting both Thai and foreign gems dealers. In this article, we will explore the origins of Chanthaburi’s gemstone source, the trade dynamics, and the significance of the Gems Market in the region.
1. The Origin of Chanthaburi Gemstone Source:
Chanthaburi has a long history of gemstone exploration, dating back to the discovery near the mountain named Khao Phloi Waen. In the past, gemstone exploration did not involve the use of heavy machinery or equipment; instead, people relied on their hands and the earth’s generosity. It is said that countless precious stones could be collected simply by fumbling the earth at Khao Phloi Waen. The gemstones found in this area include green sapphire, topaz, star corundum, and blue sapphire. These natural resources have played a significant role in establishing Chanthaburi as the city of gems.
2. The Gems Dealing Atmosphere:
Despite the advancements in technology and modern gemstone mining practices, the gems dealing atmosphere in Gems Market still retains its charm. The presence of middlemen, locally known as “Dek Doen Phloi,” adds to the unique experience of gemstone trading. These middlemen buy gemstones directly from the mines and then resell them to retailers or individual customers. The Gems Market is always abuzz with activity, with traders from all over Thailand and abroad coming together to engage in the gemstone business. The market serves as a meeting point for buyers and sellers, creating a vibrant and dynamic environment.
3. Chanthaburi Gem and Jewelry Traders Association:
The Chanthaburi Gem and Jewelry Traders Association, located next to the K.P. Grand Hotel, plays a pivotal role in promoting and facilitating premium gems and jewelry trading. Since its establishment in 2003, the association has served as a venue for gemstone enthusiasts, traders, and buyers to connect and conduct business. The architectural style of the association’s building reflects traditional Thai designs, showcasing the cultural significance of gems in Chanthaburi. Furthermore, the association’s focus on jewelry cuts highlights the craftsmanship and expertise of local artisans.
Conclusion:
The Gems Market in Chanthaburi, Thailand, is a vibrant and bustling hub for gems trading. With over 120 gold, gems, and precious stone shops, it is the largest trading center in the country. The market operates on weekends, attracting both Thai and foreign dealers who come together to trade and showcase their gems. The origin of Chanthaburi’s gemstone source dates back to the discovery near Khao Phloi Waen, where countless precious stones can be found. The Gems Market continues to thrive and preserve the traditional gems dealing atmosphere, with middlemen playing a crucial role in connecting miners and retailers. The Chanthaburi Gem and Jewelry Traders Association further enhances the trading experience by providing a dedicated venue for premium gems and jewelry transactions. As the city of gems, Chanthaburi holds immense cultural and economic significance, making the Gems Market a must-visit destination for gemstone enthusiasts and traders.
Address And Location:
Si Chan Road Wat Mai Mueang Chanthaburi Chanthaburi 22000