Tuesday, 15th March 2005 (4158 views)

Gold jewellery sales in America increased by four per cent in 2004 to a huge $17 billion.

According to National Jeweler, the growth is the strongest rise in jewellery sales in the US since 1999.

Figures from the World Gold Council (WGC) show that fourth quarter gold jewellery sales were up by 5.6 per cent and this is the 14th consecutive year that gold jewellery sales have risen.

In addition, research from NOP World and the WGC shows that gold jewellery unit volume was up by 4.2 per cent.

The most popular jewellery items were gold bracelets and charms.

Non-store retailers saw a six per cent increase in sales, whilst jewellery stores reported a 3.1 per cent increase in sales.

 

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