The jewelry industry is scrambling to adapt as the price of gold hits new peaks. With economic uncertainty high and interest rates at historic lows, investors have sought refuge in the precious metal, which has risen almost 23 percent this year. Gold is selling for well north of $1,300 an ounce — a record $1,364.97 … Continue reading »
Category Archives: gold
A Supplement / accessories / Actor / Ashley Olsen / David Yurman / Elizabeth & James / Eyewear / Eyewear / eyewear / gold / Mary-Kate Olsen / Ray-Ban / Sarah Jessica Parker / Women's Wear Daily / WWD Supplement
WWD: A Golden Era for Sunglasses
Thanks to a heavy celebrity showing and the lure of limited edition luxury, gold-lensed sunglasses are shining brightly. Continue reading »
gold / Jewelry / Saks / Women's Wear Daily
WWD: Feeling the Squeeze: Rising Price of Gold Pressuring Jewelers
The gold rush is becoming a problem. The jewelry and watch categories are feeling pressure because global economic and political turbulence has pushed the price of the precious metal about 13 percent higher in the last six months as financial investors seek a safe haven from seesawing currencies. The precious metal is selling for more … Continue reading »
