Silver jewelry popular silver bullion sales decline

Compared to the gold and diamonds, silver jewelry has been a price Silver Jewelry close to the people of the precious metal jewelry. But with the soaring international price of silver, silver jewelry prices have begun to "diva" of the. At the same time, due to cost prices, silver jewelry sales process is the first decline.

"Compared to industry in the amount of silver, silver jewelry in the higher silver content, wholesale silver jewelry silver prices fluctuate by more obvious." Net macroeconomic and China Nonferrous metals researcher Wei Chi Shan told the "First Financial Daily."

"Silver prices last year is 4,000 yuan / kg, is now up 100 percent, while gold prices over the same period rose only by 40%." Xi'an Johnson Metal Materials Co., Ltd. Sales Manager Liu also groups that silver jewelry costs less than last year increased by 100%.

Shanghai sell all kinds of silver network silver jewelry, pottery wing of its operations manager, told reporters, because silver prices, sales volume compared to last year, reduced by 30% or more. "Many manufacturers are Sterling silver jewelry supplied continuously to achieve the introduction of new prices." Not to make sales decline, Tao Rong often have to come up with some style promotions.

Inhabited by minority nationalities in Guizhou, the impact of rising silver prices are also very obvious. Guizhou Kaili one of the largest companies operating national silver handicraft silver Yang Asha, 30 grams of the past, a silver bracelet, with a small amount of production costs and store costs, sell up to $ 180, and now the selling price to more than $ 400, most customers it is difficult to accept this price.

A Guizhou silver jewelry industry sources, price increases by the silver, silver jewelry sales compared to last year, down 30% or more, some local small-scale silver workshops, shops and therefore closed, and even some in the industry, Fashion silver jewelry craftsmen and therefore switch.

Was this helpful? 0 0 Comments

You're reading Silver jewelry popular silver bullion sales decline.