It's gold, baby

Jewelry: Boom in Sales in the US

Jewelry sales are booming in the United States. In September, stores selling earrings, necklaces and bracelets saw revenues rise by 4.2% on an annual basis, to $2.258 billion, although the pace of growth was weaker than in August (6.9%). For jewelry and watches combined, overall sales in the United States in September increased by 5.3%, while the price index for jewelry remained substantially unchanged. Jewelry sales in the first nine months of 2013 thus rose by 8.8%, to $21,933 million. The golden month was May, with sales of $3 billion.

Van Cleef & Arpels, 744 5th Ave, New York
Van Cleef & Arpels, 744 5th Ave, New York

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