imitation outshines silver jewellery in gujarat - fancy jewellery set

by:JINGLIXIN     2019-07-30
imitation outshines silver jewellery in gujarat  -  fancy jewellery set
Over the past few months, there has been a surprising trend in the silver market.
Demand for silver ornaments fell to full
High demand from investors for silver bars has hit a record low.
Over the past few months, there has been a surprising trend in the silver market.
Demand for silver ornaments fell to full
High demand from investors for silver bars has hit a record low.
The soaring price of silver has had a profound impact on the sale of silver ornaments, and those who like jewelry have a high demand for imitation jewelry.
Silver appears to be consolidating its position on the investor priority list.
Meanwhile, jewelry lovers are looking for fashion jewelry made of copper and other materials.
This is cheaper, so it is affordable for all sectors of society.
"People may not believe it, but the fact is that silver is no longer a priority for customers.
Those who can afford it are buying gold ornaments and the rest are demanding --
Rohit Zaveri from the former office said: "Fashion gold molding and imitation jewelry
The owner and owner of the Jewellers Association in Ahmadinejad, Ishwarlal Harjivandas jeweler.
Zaveri also said, "for the first time in my career, I have seen such a trend because customers are asking for gold bars for investment purposes.
The only demand for silver is large traditional ornaments in some rural areas.
"The high demand for imitation jewelry has attracted more entrepreneurs to do the business.
Many wholesale traders and workshops engaged in the trading and manufacture of silver ornaments are closing.
They began to make and trade imitation jewelry.
As many as 250 well-known brands have taken advantage of high demand for imitation jewelry, market sources said.
In the past few years, the Manek Chowk region has begun to operate the same number of wholesale and retail stores for imitation jewelry.
"After the price of silver soared, people began to like imitation jewelry.
In order to buy low-weight decorations, they have to pay more labor costs and high prices.
"The attitude of use and throwing is dominant among consumers, so they prefer imitation jewelry," said banimal Soni of Manek Chowk Jay jeweller . "
Bhavesh Soni of Manglam imitation jewelry said, "In fact, the gold molding and designer imitation jewelry market has surpassed the silver jewelry market.
"Ahmedabad is also becoming the center of the gold molding and imitation jewelry market.
It is the country's fourth largest market after Mumbai, Kolkata and Jaipur.
Here, depending on the artwork and the amount of gold used, jewelry is available in the range of Rs100 to up to Rs20, 000 per piece.
Television soap operas also play a role in this huge demand for jewelry.
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