December 2015

gold jewelryJEDDAH: Tons of of gold and jewellery shops are expected to close once the choice to nationalize gold and jewelry jobs is enforced in about 10 days. Over the past 30 years, the western jewelry trade and luxury jewellery manufacturers have lost sight of jewelry’s historic role as a retailer of putting up with value, seemingly forgetting that pure gold was the historic basis that enabled jewellery to transcend time and safeguard memories as an heirloom.

Other gold jewelry contains earrings , accented with pearls, diamonds, and other gems, together with easy chains and gorgeous necklaces Take your reward-giving up a notch by wrapping up a gold necklace with one in every of our eye-catching pendants, including gold crosses.

Right this moment, the typical jewellery item within the West has 90{e7499aaef3efaee9e20a62bf10d7dbb705e263acc243a0b778436b4a2a6a2c16} subjective worth attributed to gems and design and merely 10{e7499aaef3efaee9e20a62bf10d7dbb705e263acc243a0b778436b4a2a6a2c16} pure gold value, the results of which is that most Western jewelry turns into worthless nearly immediately after buy.

The jewellery trade is the only true gold standard — one continuous and causal chain of transactions linking historical Mesopotamia to the current. Rose gold is among the hottest choices for wedding ceremony and engagement jewelry, displaying off a shocking golden-pink hue.

Within the West, $a hundred and eighty billion of jewelry is bought every year with gold value of just $13 billion; therefore, most jewelry in the west loses 90{e7499aaef3efaee9e20a62bf10d7dbb705e263acc243a0b778436b4a2a6a2c16} of its value upon buy and has little resale value. Don’t use ammonia when cleaning gold jewelry pieces that contain platinum or pearls. To put the scale of this market in perspective, your entire web promoting market, the place Google, Fb, Twitter and Tencent derive income, is half the dimensions of the jewellery market at $170 billion (yearly). Our first remark was the jewellery gave the impression to be fabricated from 24K pure (99.99{e7499aaef3efaee9e20a62bf10d7dbb705e263acc243a0b778436b4a2a6a2c16}) or 22K (ninety two{e7499aaef3efaee9e20a62bf10d7dbb705e263acc243a0b778436b4a2a6a2c16}) gold. In the East, $one hundred thirty billion of jewelry is bought every year with gold worth of $117 billion.… Read More