MAR 8, 2018
Wow! Nothing like demand for an Argument for the Coming Price Surge of “Peak Silver.” A whopping 59 percent increase just in Jewelry sales in 2017 and just the U.S. alone. It's no wonder that silver will outperform gold this year!
Here's what the Silver Institute Press Release had to say today;
Jewelry retailers in the United States described strong silver jewelry sales last year, with 59% reporting increased sales in 2017, according to a survey conducted on behalf of the Silver Institute’s Silver Promotion Service (SPS). The results also showed that silver jewelry continues to be a leading merchandise category for retailers, especially in driving sales when compared to other precious metals.
Highlights from the 2017 survey include:
-Silver Jewelry 51%
-Bridal Jewelry 18%
-Diamond Jewelry 15%
-Gold Jewelry 13%
-Platinum Jewelry 3%
The complete survey can be downloaded here: 2017 Silver Jewelry Survey Results
ORIGINAL SOURCE: SURVEY RESULTS INDICATE SOLID U.S. SILVER JEWELRY SALES IN 2017 by silverinstitute.org on 3/8/18