Silver designer jewelry is the biggest fashion trend when the market moves to reflect the current economic climate.
Shion Hutchinson of Retail Jeweler said that silver jewelry became more popular than gold and the application because people felt a pinch after Christmas shopping and a rise in value added tax (VAT).
The precious metals market fluctuates in price with an increase in the value of gold, so jeweler designers kindly create silver charms and knick-knacks that are affordable for a massive client base.
Consumers also have less disposable income to spend on luxury items such as designer jewelery, as VAT increased from 17.5% to 20% in early January to reduce government debt.
Jewelry designer Ana De Costa told Retail Jeweler that it is important to adapt to economic pressure in order to remain popular with jewelry buyers who have suffered from a hectic economy.
She told Ms. Hutchinson: “With high gold prices, creatives and jewelers need to be flexible and move their work over time.”
Other jewelry designers seem to follow De Costa’s example, creating original designs using varieties of silver, rather than advertising metal as an affordable alternative to gold and platinum.
After the country's economic problems, it seems that loved ones will continue to spend a lot of money on designer jewelry on this Valentine's Day, trying to impress this special person.
Social commentators have said that spending on emotional or romantic days, such as Valentine, is often not affected by external economic problems, as people continue to buy luxury items for their partners, friends, and family.
Buyers may want to buy designer jewelry with love for them with hearts and charms, especially popular in mid-February, when people try to express themselves through gifts.
Jewelry owners are advised not to follow in the footsteps of Mad Men star Christina Hendrix, who recently lost her $ 850,000 diamond diamond bracelet on the Golden Globes red carpet. award ceremony.
Fortunately for the actress, someone found the designer jewelry and handed them over to the appropriate authorities.
A Chopard spokesman said: "Whoever put this (Hendrick) wrist may not have closed the safety clasp correctly, but the bracelets and its earrings were returned in excellent condition today."
Always make sure that the clasps and locks on the designer jewelry are completely closed to minimize the risk of loss and theft.
