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For centuries, gold jewelry was not only something beautiful to wear, it was also a store of wealth and value. But the 14-karat gold jewelry found in your local store isn’t the best option for investment. Now there is an alternative for people who want to own beautiful jewelry that will also serve as a store […]
The Chinese gold jewelry market reversed three years of declines in 2017, marking its first gain since a 2013 boom. According to a report released by the World Gold Council, the modest increase in gold jewelry demand last year could mark a return to sustained growth thanks to continued efforts to reinvigorate the industry through innovation, […]
Sales of silver jewelry in the US were strong last year, according to a survey conducted by the Silver Institute. US retailers reported 17% average growth in the sale of silver jewelry in 2017.
Silver demand for industrial applications as well as jewelry production is expected to increase in 2018, pushing overall demand higher. The Silver Institute outlined silver market trends for 2018, along with the latest technological innovations involving the white metal in its latest issue of Silver News.
Gold consumption in China grew 9.41% in 2017, according to information released by the China Gold Association. Gold jewelry demand, especially in poorer regions, helped drive overall demand higher. The Chinese consumed 1,089 tons of the yellow metal last year. The South China Morning Post called the surge in demand “a big turnaround” after a […]
The Indian government has reversed a tax rule that was putting a damper on gold demand in the country. The government included Indian jewelers under the Prevention of Money-Laundering Act last August. The rules increased compliance requirements for high dollar jewelry purchases. Buyers had to provide their income tax identity for transactions above 50,000 rupees […]
