Italian jewelry industry in the first quarter of 2008 the gold has dropped 30% purchase, due to economic and financial market turmoil, lead to consumer demand weak.
Comprehensive announced April 2 reports, the first Italian big gold Italpreziosi supervisor Ciabatti bracelet jewelry Ivana bank on Tuesday (April 1) says, Italy jewelry industry in the first quarter of 2008 the gold has dropped 30% purchase, due to weak consumer demand.
Ciabatti in large-scale jewelry manufacturing market held the main center of jewelry Arezzo province, said people feel during the fair economic and financial market turmoil, because of gold pandora jewelry is not basic necessities, Italy jewelry sale appear sharply lower. Results in 2008 3 months Italian jeweler gold purchases to drop nearly 3%. She hope if gold prices in the second quarter of stable words, will improve. Gold is back in early 2008 before soared past $1,000 per ounce.
Tuesday (April 1) gold prices fell to 2 pandora boxx months because of low, the dollar weakened gold as an alternative investment attraction.
Italian jewelry industry experts say than gold bullion prices fluctuate more rose steadily, because buyers tend to hit manufacturers postponed orders, waiting for prices stabilises.
Arezzo jewelry makers participants cheapst pandora said they department rise rapidly and advanced by gold jewelry consumer sentiment becomes bad blow heavier. Big market to the susceptibility of the price customers than the rich client. Unique designer
Italy small yellow and steel jewelry manufacturer Ka -, says the bank manager of ti in crisis. In pandora rings jewelry view of the current position of the gold in, people won't buy.
Managing director of export-oriented jeweler Aurora Fosco Gallina says, the company has been found recently by 5 tons annual sales number dropped to 3 tons. In tough economic times, the pandora uk Italian people choose to investing in gold jewelry, meanwhile, rather than poor had to sell the old jewelry to satisfy the market eventually demand.
She added that precious metals to offset the purchasing amount small gold and jewelry bracelets consumption declines. People don't believe other investment, gold has again become a hedge investments.
Arezzo jewelry makers, said part of the participants Italian over the past 10 years has increased recycling gold sales, by some people in when price hike by selling old jewelry to cash. But they cheap pandora won't quantitative increase old jewelry.
An anonymous participants says that in the past several years into the recovery jewelry 2007 Arezzo rapidly rising, precious metals recycling point already increase rapidly.
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Always think the beauty of youth girl doesn't suit wearing precious jewelry, it will make their pandora braelet youthful charm to sell at a discount greatly, can give a person a kind of massiness vicissitudes of problems, the so-called youth is feiyang don't get up!

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