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26 march 2021 Gold price’s that slumped to near a nine-month low is drawing jewellery shoppers in Asia to hunt for bargains, says media reports. After a year of demand being in the doldrums, retailers are buying more precious metal to cater to buyers. 26 march 2021 26 february 2010 They are considered to be among the most nonessential items that shoppers can do without and yet, high-end jewelry items may turn out to be winners this Christmas season, according to MarketWatch. Average jewelry spending by affluent shoppers with minimum household incomes of $100,000 jumped 31 percent to $4,813 in the third quarter from a year earlier, compared against declines of more than 30 percent each for clothing and for fashion accessories, including shoes and handbags, according to Pam Danziger, president of Unity Marketing. The consultancy surveyed 1,000 luxury shoppers.

New yorkUnited statesUnited kingdomNeiman marcusPam danzigerJudy collinsonSteve sadoveKevin keenanSeichi iiokaNadeem azamTiffany coGroup adam crownJapan department stores associationAssociated pressNational jewelerBarneys new york