before Christmas were not announced, it became clear that this holiday season was the most successful for jewelry retailers in recent years, the Israelidiamond.co.il portal reported citing edition of Business World.
If the outlined trend continues in the last week of the year, then the fourth quarter of 2013 will be the fourth consecutive period of the highest sales of gold jewelry in the US since 2010.
Consultants in this field note that, given the current figures in 2013, for the first time in the last ten years, gold sales will increase.
In absolute terms, the US demand for gold for the period from October to December 2013 will be from 44 to 48 tons, which shows an increase of 15-20%.
After a 12-year period of steady growth in the price of gold, this trend has finally been interrupted, and since the beginning of this year, gold has lost almost a third of the cost. Against the backdrop of a small recovery in the US economy and aggressive campaigns organized by gold jewelry retailers, this ensured high sales figures.