Gold Necklaces
A recent news report has revealed that high earners in the United States are set to spend their money on jewelry during the coming holiday season. Figures released by Money Magazine and market-research firm ICR have shown that those with household incomes of $75,000 and over are the most likely to be spending money on jewelry items costing more than $1,500. The poll found that 41 per cent of those with high incomes were planning to spend over $1,500 on jewelry purchases during the holiday season, with 30 per cent of under-35s also preparing to splash out on jewelry. Further, the study discovered that 45 per cent of Americans planning to buy jewelry during the festive period would not substitute less expensive metals, such as palladium, titanium, or stainless steel, for platinum, gold or silver. High on the list of wanted jewelry are gold necklaces, either in the form of intricately woven and patterned gold chains or as gold chains decorated with precious or semi-precious stones.
Despite its recent slump, gold could be set for a return to prices of over $600 an ounce as demand for the precious metal will continue to grow in the lead-up to the traditionally busy gold-buying autumn season, which coincides with the main holiday period. The manufacture of decorative gold necklaces are booming, says the report, and a lot of women are going to be made very happy in the coming holiday season.