The Demand of the Silver Jewelry Rose 10 Percent in 2013
06,06,2014 / Author : CharleneThe global jewelry market is expected to grow in 2014 on the whole and according to the 2014 world silver survey shows that demands for silver jewelry continued to be strong last year while the metal’s average per-ounce price hit its third highest level on record, which is the survey from national jeweler in New York…
The silver institute, an international industry association comprised of silver producers, refiners, manufacturers and dealers founded in 1971 shows that global demand for silver jewelry climbed from 181.4 million ounces in 2012 to 198.8 million ounces in 2013 with a 10 percent increase. The survey noted an “improved economic outlook in the industrialized world,” which lifted consumer confidence and, consequently, retail sales.
What does the figure of “10 percent” means?
New from national jeweler shows that Total physical demand for silver hit an all-time high in 2013, reaching 1.08 billion ounces, up from 954.4 million in 2013. The demand will last until 2014. To catch the trends in the jewelry industry, silver jewelry should be must-have items for your wholesale collection, which will bring larger benefit margins for your business.
The guides for the wholesalers and retailers to silver jewelry
Although silver is considered as a precious metal, it costs far less than gold or platinum and other metals, making it good choice for artisans and jewelry designers who want to create large and dramatic jewelry at a lower cost. To get the best wholesale silver jewelry, use our professional guides.
Understand different types of silver jewelry
This is an important technique to help you choose silver jewelry. There are two major types of silver commonly seen in the jewelry industry. That is the solid silver and silver alloy. Pure or native silver in its elemental form is one of the most reflective metals known. However, it is also soft and prone to losing its shape with extended wear. To strengthen the soft metal and enhance its suitability for jewelry, manufacturers often mix it with other metals to create an alloy. Unlike some gold alloys, most silver alloys contain a high percentage of the precious metal. Among these, sterling silver with the content of 92.5 percent pure silver alloyed with other metals, usually copper. For jewelry, sterling silver also known as 925 silver is loved widely by nearly all people. Best choices for your wholesale collection.
Learn to judge the real silver jewelry
There are so many ways for your reference to judge if what you get is the real silver jewelry. First, check to see if there is the number 925 on the piece. The word "sterling" or an S or SS could also indicate sterling. Second, 925 silver jewelry is much more expensive than alternatives. If the price you're paying for seems too good to be true, then it's likely that you're not purchasing real 925 sterling silver jewelry. Last, if you do your purchases in the physical store, do not forget to take strong magnetic and the sterling are NOT magnetic.
Conclusion
With silver jewelry become so popular in the fashion jewelry industry for 2014, it is absolutely right choice for you to include them to your wholesale collection. Silver is a precious metal, but it is inexpensive enough to wear as a fun fashion accessory. Use the guides provided to begin your better business now!
To get further information about the fashion jewelry industry, please do not hesitate to follow our facebook: https://www.facebook.com/ViennoisonlineWholesale or you can also contact me directly. This is Charlene from Viennois-online. Good luck!
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