According to the last past month, we did understood that the silver rate is not following anymore the US dollars rate. We are producer of Silver Jewelry for wholesale and we are particularly aware to this fluctuation. Effectively, that rate has a direct impact in our business, principally for the wholesale. And more and more we need to justify to our clients about our price politic. Actually we still hope that the rate will find a real stability soon, to allow us to fix our prices for Wholesale. Some of our friend from the jewelry sector start to complete their offer with stainless or gold/silver/rhodium plated. For our part we will now start to offer some collection mixed with silver and leather to first react in the market and follow some new collection with other materials. By this way we plan to reduce the impact of the silver rate in a part of our collection.
For the future, it is still very hard to guess that evolution because the jewelry is just a small part of the silver production which is use for a big part in industrial applications.
The crisis and the financial investment have been disturbed the global market of the jewelry and now some analyst are not afraid to talk about a revaluation of the precious metals.
We hope that this subject will interest you and I will be very interesting to exchange with you about that situation.
Laurent Boireau
<a href=”http://www.silverjoyce.com”>Wholesale Silver Jewelry</a>
<a href=”http://www.liluna.com”>Liluna Silver Jewelry</a>