Gems archive
Archive of information radically changed or removed entirely from the Gems page.
Creating and Spending Gems
According to the official Caravan FAQ it sounds as if the Jeweler will have a way to create gems.
- The Jeweler crafts gems, amulets, and rings. The jeweler can also remove gems from socketed items and can combine gems to improve their quality. [1]
What, "crafts gems" means isn't yet known, but if materials can be spent to create new gems, that could radically change the time table for crafting up top level gems.