Thursday, January 21, 2021
  • CCPA – California Consumer Privacy Act
  • Terms of Use
  • DMCA
  • Privacy Policy
  • Cookie Policy
  • About
  • Contact
Gold Investment
No Result
View All Result
  • Home
  • Gold
    • Gold Jewelry
    • Gold bar
    • Foreign Gold Coins
  • Platinum
    • Platinum Bars
    • Platinum Coins
  • Silver
    • Foreign Silver Coins
    • Silver Jewelry
    • Silver Bars
  • About
    • Cookie Policy
    • Privacy Policy
    • CCPA – California Consumer Privacy Act
    • DMCA
    • Terms of Use
  • Contact
  • Home
  • Gold
    • Gold Jewelry
    • Gold bar
    • Foreign Gold Coins
  • Platinum
    • Platinum Bars
    • Platinum Coins
  • Silver
    • Foreign Silver Coins
    • Silver Jewelry
    • Silver Bars
  • About
    • Cookie Policy
    • Privacy Policy
    • CCPA – California Consumer Privacy Act
    • DMCA
    • Terms of Use
  • Contact
No Result
View All Result
Gold Investment
Home Silver Silver Jewelry

Millennials choose low-value designer silver jewellery this Valentine’s Day

Gold Investment Experts by Gold Investment Experts
in Silver Jewelry
3 min read
0
Millennials choose low-value designer silver jewellery this Valentine’s Day
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter



Steep gold costs have weakened shopping for sentiment, not just for the center class, but additionally for the wealthy and super-rich customers within the ten-week season which started with Christmas and ends with Mom’s Day on March 8.

Related posts

Gold price today at Rs 54,980 per 10 gm, silver jumps to Rs 69,000 a kg

Gold price today at Rs 49,100 per 10 gm, silver trending at Rs 66,500 a kg

The “Silver” Lining For Investors

The “Silver” Lining For Investors


Whereas the center class appear to have stopped putting new orders for bullion buy, millennials have shifted to designer silver jewellery and low-value handcrafted gold ornaments this Valentine’s Day to offset excessive costs with low-ticket measurement buy. “Many jewelry producers and retailers have launched handcrafted items by designers in silver jewelry, that are studded with profitable colored gem stones, to draw clients. With a great end, these have been the popular selection for younger {couples} this season. Low-ticket measurement primary ornaments equivalent to rings, pendants, and many others. are additionally promoting, however to not the tune of silver jewellery this Valentine’s Day,” mentioned Anantha Padmanaban, managing director, NAC Jewellers, a Chennai-based jewelry retailer.



Jewellers have began concentrating on millennials as potential clients for Valentine’s Day with revolutionary designs of jewelry. With a token cash measurement minimize to make ornaments inexpensive, jewellers have launched silver jewellery with a heavy look, and which can even be stone studded, at a worth level of Rs 10,000-Rs 15,000. Rajendra Jain, managing director (gem stones), Swarovski India, mentioned: “Many manufacturers are concentrating on millennials by way of new collections of jewelry. Fairly than for only one season, jewellers are attempting to make sure that customers purchase once more. This yr, nevertheless, sharp improve in gold costs has turned customers in direction of silver.


Nevertheless, as an alternative of plain silver jewelry, customers are designers’ items for infrequent and each day put on,” Jain added.


Gold costs have set a file, buying and selling at Rs 40,500/10 grams on Friday, following international traits as geopolitical uncertainty, coupled with an financial downturn, made the bullion a secure haven funding avenue. Silver, nevertheless, continues to commerce at Rs 46,100/kg, which can be giving customers delight to personal a chunk of treasured metallic with out coughing up a big sum of cash. Silver costs retreated after surpassing the psychological barrier of Rs 50,000/kg just lately.


In the meantime, jewelry and style designers equivalent to Gautam Banerjee, Rajiv Popley, and Riyaz Gangji have launched profitable designs in style equipment and precious metals this Valentine’s Day.


Jewelry gross sales in India have witnessed a gradual decline over the previous three-four years due to a pointy improve in Customs responsibility to 10 per cent until the earlier yr, and 12.5 per cent thereafter. Aside from that, the federal government has levied Customs responsibility of two.5 per cent and seven.5 per cent on tough and polished diamond, respectively. To worsen the state of affairs additional, the federal government prolonged Customs responsibility on colored gem stones, and likewise levied 18 per cent items and companies tax on hallmarking and certification of jewelry.





Source link

Previous Post

Jewellery Market to See Huge Growth by 2025

Next Post

Global Costume Jewelry Market Overview, Industry by Type, by Manufacturers, Regions, Industry Analysis & Forecast by 2026 – Daily Science

Next Post
Global Costume Jewelry Market Overview, Industry by Type, by Manufacturers, Regions, Industry Analysis & Forecast by 2026 – Daily Science

Global Costume Jewelry Market Overview, Industry by Type, by Manufacturers, Regions, Industry Analysis & Forecast by 2026 – Daily Science

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Goldsmiths suffer losses amid soaring prices : The Tribune India

Goldsmiths suffer losses amid soaring prices : The Tribune India

Rose Quartz Ring Market Size 2020 By Global Business Trends, Share, Future Demand, Leading Players Updates and Forecast to 2026 (Based on 2020 COVID-19 Worldwide Spread) – Owned

Impact Of Covid-19 on Sapphire Necklace Market 2020 Industry Challenges, by Key Players, Types, Applications, Countries, Market Size, Forecast to 2026

The US Mint is slowing down how many gold coins it makes because of the coronavirus pandemic

The US Mint is slowing down how many gold coins it makes because of the coronavirus pandemic

Gold and Silver News – The World We Live In vs Gold & Silver Security

Gold and Silver News – The World We Live In vs Gold & Silver Security

BROWSE BY CATEGORIES

  • Foreign Gold Coins
  • Foreign Silver Coins
  • Gold bar
  • Gold Jewelry
  • Platinum Bars
  • Platinum Coins
  • Silver Bars
  • Silver Jewelry

POPULAR NEWS

  • Miles Standish Designs Miss Liberty Silver Bullion Coins

    Miles Standish Designs Miss Liberty Silver Bullion Coins

    11 shares
    Share 4 Tweet 3
  • Bought Out? Why Shopping for Gold All of the sudden Obtained So Exhausting

    4 shares
    Share 2 Tweet 1
  • Palladium Surges above $2,400. Is It Sustainable?

    3 shares
    Share 1 Tweet 1
  • Gold positive factors safe-haven luster as jobless claims contact document

    2 shares
    Share 1 Tweet 1
  • Gold-Backed Cryptocurrencies Develop Premiums as Gold Demand Soars

    2 shares
    Share 1 Tweet 1
  • Concerns rise over fake gold in Saudi Arabia

    2 shares
    Share 1 Tweet 1
Gold Investment Portal

Follow us on social media:

  • Home
  • Gold
    • Gold Jewelry
    • Gold bar
    • Foreign Gold Coins
  • Platinum
    • Platinum Bars
    • Platinum Coins
  • Silver
    • Foreign Silver Coins
    • Silver Jewelry
    • Silver Bars
  • About
    • Cookie Policy
    • Privacy Policy
    • CCPA – California Consumer Privacy Act
    • DMCA
    • Terms of Use
  • Contact

Recent Posts

  • Gold Price Recap: April 20
  • Why Gold Mining Stocks Outperform Gold in Bull Markets

Recent News

Gold Price Recap: April 20

Gold Price Recap: April 20

Why Gold Mining Stocks Outperform Gold in Bull Markets

Why Gold Mining Stocks Outperform Gold in Bull Markets

  • CCPA – California Consumer Privacy Act
  • Terms of Use
  • DMCA
  • Privacy Policy
  • Cookie Policy
  • About
  • Contact

Copyright © 2020 Gold Investment. All Rights Reserved.

No Result
View All Result
  • Home
  • Gold
    • Gold bar
    • Foreign Gold Coins
    • Gold Jewelry
  • Platinum
    • Platinum Bars
    • Platinum Coins
  • Silver
    • Silver Bars
    • Silver Jewelry
    • Foreign Silver Coins
  • About
  • Contact
  • Terms of Use
    • Privacy Policy
    • Cookie Policy
    • CCPA – California Consumer Privacy Act
    • DMCA

Copyright © 2020 Gold Investment. All Rights Reserved.

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary Always Enabled

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.

Non-necessary

Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.