Jewellery Market Trends

The world jewellery market has undergone significant changes in the last five years.

Traditional manufacturing centres have been overtaken by development in new areas such as Turkey, China and the Far East. There are significant shifts in the league tables for both fabrication and consumption of gold and silver jewellery worldwide.

In the UK, Hallmarking figures hit a record high of over 35 million articles in 2003 but the volumes have been in decline for the past 18 months and 9ct Gold has seen a dramatic drop of over seven million articles, 30 % of volume , since 2001.

Fashion also has a part to play and the “white look” which has been in vogue for several years has challenged yellow gold sales at the top end of the market while 9ct yellow gold has lost out to the Bohemian look in the volume fashion market.

Trends are also being influenced by the increasingly high price of gold.