Friday, March 16, 2012

Increasing Popularity For Silver Jewelry

Silver is used in creating the jewelry items, since ancient times and is still trendy in the present world. With the hike in the values of gold, diamonds and other precious material, the requirement of silver jewelry has been further increased. Silver is a low price metal and ornaments made from it are also cheaper as compared to other precious metals. This is one of the main causes of the large popularity of silver jewelry. Several women desire to use gold jewelry but as they cannot manage to pay for the high priced gold jewelry, the best option is to buy the silver jewelry like bracelets, chains, pendants, earrings and much more.

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Another advantage of silver is that it can easily be molded into any shape or form. Due to this property, it is very easy to make complex designs from this metal in lesser time with less efforts and cost. You can also order for a customized design of your own choice and you will get it in very reasonable price.

One of the reasons for the popularity of silver jewelry is that it is as gorgeous as any other precious metal and also it is affordable too. Many people go before the silver jewelry trends due to its flimsy filigree design at most affordable prices. So to experience a very cool and calming effect in your jewelry designs then you should try silver jewelry. It is identified to replicate the heat away and provide a gleaming and fresh look to whoever is wearing it. This light weighted jewelry easy to hold and wear and is just as gorgeous.

Silver can be a smart investment. Given historical prices and high demand, the value of silver will likely continue rising. As more industries find uses for silver, it will attract investment dollars as consolidation occurs and stability is established.

14k white gold stud earrings kids |By Indu Dennis on August 20, 2011
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Silver jewelry has been the favorite ornament for people all around the world for past decades. This may be because silver is much affordable than gold though it is elite and exclusive and public love to wear it due to the trendy nature of the jewelry made of silver.

Now there is vast collection of silver ornaments from earrings to pendants, necklaces, rings, brooches etc available at really unbelievable prices. Wearing silver jewelry is really the most affordable for daily luxury. In the current trendy jewelry industry the art of designing jewelry and making it and at times exploit unusual gemstones is at its best. Silver jewelry is also becoming the best gift to present anyone because of its fashion style and affordability. It is widely available on the online market from some of the most trustworthy jewelry designers that merge some eye-catching gems whether they are synthetics or authentic stones such as diamonds, quartz, sapphires etc as this metal have a shining look and it catch the attention of the viewers.

Diamond Jewelry Inflation Knocks Record High in U.Ss.

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Main export sources which led the market were South Africa ($24.2 million), Angola ($15.8 million) and Botswana ($7.7 million). The export destinations which were on top were Israel ($22 million), Belgium ($12.5 million) and South Africa ($11.1 million). The U.S. has marked an influential growth in first months of the year 2010 with the total value of $407.1 million import of diamonds done. According to the statistics the net imports were $150.2 million, and also noticed a 124 percent increase compared to the first ten months of 2009. According to the recent survey by Fusion Alternatives it has been noticed that the hopeful feature of the price going up is that it is now being more driven by solid drag-all the way through demand from the world's major diamond consuming markets. It has received noticeable change the fifth consecutive month of gain in prices. With the beginning of the year prices have increased 15 percent. This is as opposed to a lack of inventory in the diamond pipeline caused by the major producers reducing their output - as was the case earlier this year. According to the market research done on the global economy, the collectors and buyers at the global level have noticeably recognized the high asking prices and are now enthusiastically procuring at these higher prices.

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This hike in CPI was observed in September. The price index for jewelry is based upon the reference point of average prices in 1986, which is set at 100 points. However it was noticed that the CPI for all product categories has risen up to 1.1 percent year on year in November to 219.15 points. The base period for that overall reading is provided by an average taken from 1982 to 1984 of 100 points. This is good news for all the diamond importers. The U.S. has introduced $57.3 million worth of rough diamonds in October, a 61.1 percent increase over October 2009. However, almost of the imported rough was exported, $55.2 million, leaving in the U.S. only $2.1 million worth of rough or 3.8 of gross imports. According to the reports from Idexonline, U.S. gross imports were 31,498 carats at an average value of $1,817.51 p/c. It has also proved that now once again, exports of rough diamonds has exceeded imports, totaling 93,961 carats. The average value of exports stood at $587.16 p/c.

According to the release of the latest financial reports it was observed that the consumer price index (CPI) which is used to measure the changes through time in the price level of buyer's goods and services bought by households for jewelry in the U.S. market has risen up to 3.9 percent to record 166.57 points in November. This consumer price index has been found about four points higher than October. The reading for November month, as followed by the government, has been found noticeable growth in the 34th consecutive month for which the jewelry CPI has witnessed more than 150 points and the seventh month this year that it reached the zenith 160 points.