RSSCategory: Jewelry News

Platinum Prices Tied to the Big 3 Automakers?

Platinum Prices Tied to the Big 3 Automakers?

Platinum fell below $800 an ounce on Thursday–a welcome sight for most in the fine jewelry industry, who consequently are able to lower platinum jewelry prices in hopes of motivating consumers to purchase such items as platinum wedding bands. Platinum has exhibited nothing short of a bona fide crash in 2008, with platinum precious metal […]

December 4, 2008 | By | Reply More
The Rise of Online Jewelry

The Rise of Online Jewelry

When it comes to buying jewelry, consumers are stepping out of retail stores and into their computer chairs to shop online. Online jewelry sales have gone from nonexistent in 1996 to an estimated $2.7 billion dollars in 2009; quite a meteoric rise. Yet currently, online sales represent only 6.5% of the total U.S. jewelry market, […]

December 3, 2008 | By | Reply More
2008 Jewelry Survey

2008 Jewelry Survey

Holiday shoppers may not be spending with reckless abandon this holiday season, but they will be spending. An interesting jewelry survey by National Jeweler, explains the psyche of the 2008 jewelry enthusiast. Online spending grow only 1% in October 2008 compared to spending in 2007, the lowest monthly rate of growth since Comscore began “measuring […]

November 23, 2008 | By | 1 Reply More
Platinum — The More Volatile Precious Metal

Platinum — The More Volatile Precious Metal

Gold and jewelry enthusiasts, even economists and investors, have been closely watching the unpredictable gold market in the past several years as it began to behave uncharacteristically erratic. But platinum, its more expensive counterpart, has been largely ignored. Platinum has had some dramatic swings as of late – enough to make gold seem tame by […]

October 25, 2008 | By | Reply More