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02:10:16 pm

Jewelry sales powerful in Oklahoma

Nowadays, her heart may go pitter-patter. His may possibly have done the same at the cash register. But even with gold at an all-time high of more than $900 per ounce, Oklahoma jewelers are reporting powerful Valentine's Day sales.

Ask Kevin Moody, vice president of Moody's Jewelry, about the jump in gold rates and anticipate a confident, rapid answer. For more information about above topic visit titanium.

"The very good news is that it hasn't had a negative impact on business," he said. "Most people would believe that individuals would be scared away, but the truth that gold has gone up is a rather tiny impact on us."

The National Retail Federation estimates Valentine's Day spending will be up this year from last. But it also mentioned spending for jewelry will slightly decrease.

Regardless, the jewelry business is counting on the notion that people will nonetheless shell out the large bucks for some glittery items.

Jim Clark, chairman of B.C. Clark Jewelers, with 3 Oklahoma City stores, mentioned each and every year Valentine's Day becomes a stronger holiday for the store, second only to Christmas.

The shop also sees a increase from procrastinators.

"Valentine's Day is primarily a two-day holiday when it comes to promoting," Clark said. "Most males will wait till the last minute, so we have a massive rush on the 13th and 14th without fail."

Despite rising gold costs, Clark said consumers have not shied away from the precious metal, which has jumped to much more than $900 an ounce.

Rather, Clark stated consumers are typically much more focused on lines such as Hearts on Fire, a collection of the world's most perfectly cut diamonds.

And even if the diamond is set in gold, Clark stated the cost is usually only slightly affected.

The high price of gold in several instances has even sparked customers' interest in the metal.

"Folks see the value of precious metals growing and that increases their want for it and the expertise that gold is fairly beneficial," he said. "They also hanker for kinds of jewelry which are valuable and exalted such as wholesale costume jewelry,fashion jewelry wholesale,wholesale jewelry,jewelry supply,pearl jewelry, physique jewelry etc."

Clark said the only gold items exactly where customers will feel the cost increase are items that are mostly gold, like a man's solid gold wedding band.

Clark said some consumers have also been looking at options to gold, not due to the high value, but simply because of what he described as several fascinating new metals such as tungsten carbide.

Gold frequently costs about 1-and-one particular-half to two times as much as tungsten carbide.

Despite some rising costs, Clark stated shoppers - specifically Valentine's shoppers - have been unabated in their want for jewelry for that unique an individual.

"It even surprises us occasionally what men and women will spend on Valentine's," he stated.

Michael Guillory, manager of Moody's on Utica Square, said because so many couples get engaged on Valentine's Day, he does not see any cause for a reduce in sales regardless of the existing value of valuable metals.

"It really is been a very good holiday and I see it getting equally as great as last year," he mentioned. "You can never ever go incorrect with jewelry it is expressing a celebration of love." For further details check tungsten wedding band.

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