Gem & Jewelry Articles
Gold has been a consistently popular alternative asset since ancient times. Today, it has become a prominent asset that generates interesting returns for investors in the financial world. This is evident from the price increase in 2024, where prices surged by more than 28% in US dollar terms. Record high prices were achieved multiple times throughout the year. Additionally, global gold demand rose by 35% compared to the previous year, with its value exceeding one hundred billion US dollars in the third quarter of 2024, emphasizing the enduring allure of this precious metal. Global Gold Market Overview
Gold jewelry accounted for the largest share of the jewelry products as it is the most used metal in global jewelry production. Consumers who bought gold are usually influenced by social and cultural factors, local markets, and traditions. At present, consumers are looking for products beyond traditional designs. Minimalistic styles, geometric motifs, customized jewelry parts, and different cultural influences are gaining notable popularity.
