Jewelry Market Must Put Together For A Steep Drop And Signet Jewelers Is Prepared January 23, 2023 On the horizon is a model new concept store design which is at present being examined within the U.K., Italy and China. However, momentum was derailed as gold costs surged in November and December. Our contacts advised that demand came to a virtual standstill after mid-December, with prospects preferring gold-for-gold change; anecdotal evidence suggests such change volumes almost doubled through the quarter. Gold jewellery demand softened slightly in 2022, virtually managing a return to pre-COVID ranges of demand, which in 2019 stood at 2,127t. This was achieved throughout a 12 months that saw durations of sturdy rises in the gold… Continue Reading
Jewelry Market Must Put Together For A Steep Drop And Signet Jewelers Is Prepared January 23, 2023 On the horizon is a model new concept store design which is at present being examined within the U.K., Italy and China. However, momentum was derailed as gold costs surged in November and December. Our contacts advised that demand came to a virtual standstill after mid-December, with prospects preferring gold-for-gold change; anecdotal evidence suggests such change volumes almost doubled through the quarter. Gold jewellery demand softened slightly in 2022, virtually managing a return to pre-COVID ranges of demand, which in 2019 stood at 2,127t. This was achieved throughout a 12 months that saw durations of sturdy rises in the gold… Continue Reading
Jewelry Market Must Put Together For A Steep Drop And Signet Jewelers Is Prepared January 23, 2023 On the horizon is a model new concept store design which is at present being examined within the U.K., Italy and China. However, momentum was derailed as gold costs surged in November and December. Our contacts advised that demand came to a virtual standstill after mid-December, with prospects preferring gold-for-gold change; anecdotal evidence suggests such change volumes almost doubled through the quarter. Gold jewellery demand softened slightly in 2022, virtually managing a return to pre-COVID ranges of demand, which in 2019 stood at 2,127t. This was achieved throughout a 12 months that saw durations of sturdy rises in the gold… Continue Reading
