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Gold Jewelry Sales Are Up.
National Jeweler reports that despite rapidly rising gold prices, U.S. gold jewelry sales grew in terms of both dollar and unit sales for 2005, according to new statistics from a survey commissioned by the World Gold Council (WGC).
Dollar sales grew 4.4 percent for the year to a record $17.7 billion, the strongest growth for the category since 1999, according to the study, conducted for WGC by GfK Audits & Surveys. In the fourth quarter of 2005, gold jewelry sales rose 5 percent in dollar sales.
For 2005, gold unit sales grew 4.4 percent over 2004, while the average price per unit remained constant at $76.01.
Gold bracelets appeared the strongest category, with unit sales increasing 6.6 percent and dollar sales up 6.5 percent. Gold neckwear posted a 4.1 percent increase in dollar sales, the strongest growth since 1995. Gold earrings continued their 10-year growth streak, with a 5.5 percent boost in dollar sales.
Accounting for 9 percent of market share, non-store retailers showed the highest percentage increase in gold jewelry sales, with a 7.1 percent increase in sales volume (totaling $1.7 billion) and a 6.7 percent rise in unit sales.
With 49 percent of market share, traditional jewelry stores saw a 3.9 percent increase in gold jewelry sales (totaling $8.63 billion) and a unit sales increase of 3.2 percent.
Mass merchants grew their gold business 5.1 percent for the year in dollar terms to $4.07 billion and 4.9 percent in terms of unit sales. For department stores, dollar sales volume rose by 3.7 percent to $3.36 billion and unit volume increased by 3.1 percent.
Comments
To : The Buyer,
C/o: Mandate/Agent.
Attn:Sir,
Complements of the season. Am Prince FRANK HODONOU from west Africa in BENIN REPUBLIC I have in stock in my own humble self possesion 23+ alluvial gold dusts to the tune of 250kg and am giving it out at the rates of $14,500us united states dollars only negotiable.
Hope to hear from you shortly and in case of readiness to purchase my gold dusts pleace contact me using any of this private email addresses; africa_golddust@live.com/ goldsmith2010@gmail.com
Looking forward to a business relationship.
Best Regards,
Prince FRANK HODONOU.
Posted by: FRANK HODONOU on March 28, 2008 6:26 AM
To : The Buyer,
Attn:Sir,
Complements of the season. Am Prince FRANK HODONOU from west Africa in BENIN REPUBLIC I have in stock in my own humble self possesion 23+ alluvial gold dusts to the tune of 250kg and am giving it out at the rates of $14,500us united states dollars only negotiable.
Hope to hear from you shortly and in case of readiness to purchase my gold dusts pleace contact me using any of this private email addresses; africa_golddust@live.com/ goldsmith2010@gmail.com
Looking forward to a business relationship.
Best Regards,
Prince FRANK HODONOU.
Posted by: FRANK HODONOU on March 28, 2008 6:27 AM