Despite the fact that gold jewellery is quite popular and has nearly cult-like reputation, many customers have recently shown a preference for silver jewellery. The attention of most clients is drawn to the odd jewellery designs shown in the silver part of the jewellery for sale counters.
While it is clear that well-designed silver jewellery has a large following, one must ponder why the scales appear to be tilting in favour of silver and whether this will have a negative impact on gold prices.
There are several reasons why silver jewellery is becoming increasingly fashionable. Listed below are a handful of them:
o Price – Silver is substantially less expensive than gold. This is a huge draw for consumers, who discover that they don’t have to delve deep into their pockets to make a purchase in a mall’s jewellery for sale area.
o More variety – Because silver ornaments are less expensive to make than gold jewellery, the silver area has a considerably wider range of styles to choose from. Of course, the buyer will be enticed by this.
o Finer designs – Initially, silver jewellery were sometimes not as well completed as their gold equivalents and of poorer quality. However, there has been a lot of beautiful silver jewellery developed recently, and the silver jewellery market has it everything, from ethnic pieces to modern designs. Silver jewellery has the same level of craftsmanship and elegance as gold and platinum jewellery.
o Resilience- Gold is a much softer metal than silver, and jewellers who worked with silver discovered the material’s durability. Buyers are now willing to pay more for precious stone jewellery set in silver since the piece’s aesthetic appeal is preserved while its lifespan is extended by several years.
While silver clearly offers a number of benefits over gold, this does not mean that the yellow metal is losing its lustre. Due to its resale value, gold jewellery are still quite appealing to buyers. Silver jewellery does not cost much in terms of the metal itself, and so does not have a high resale price. The price of gold ornaments is mostly determined by the quality of the gold and the amount of gold in the decoration. Without a doubt, gold jewellery is more easier to resale than silver jewellery.
Silver jewellery, on the other hand, has risen in popularity in recent years as a result of its more daily wearing appeal. So, while gold jewellery still has a significant lead over silver, the latter has managed to carve out its own niche, which appears to be expanding daily. So, the next time you go to the jewellery for sale counter to buy an ornament, have a look at the silver department as well. You could be pleasantly surprised.