RapNet


Rapaport News

 

Retail

 

高級搜尋
最新文章
視訊
功能
新聞
挖掘
原石市場
拋光市場
製造
零售

U.S. Silver Jewelry Imports Rise in First 5 Months of 2015

Aug 5, 2015 4:51 AM   By Ronen Shnidman
Print 列印 Facebook Facebook Twitter Twitter 共用 Share
RAPAPORT... Imports of silver jewelry to the U.S. increased 11 percent from the beginning of 2015 until the end of May, according to the Silver Institute, a non-profit silver industry association.

The U.S. is the world's largest importer of silver jewelry according to the association. This contrasts with gold jewelry, for which the U.S. is the third largest consumer after China and India according to World Gold Council data.

GFMS Thomson Reuters (GFMS), a precious metals consultancy, estimates that globally silver jewelry will grow 5 percent in 2015. However, the consultancy also predicted in May that silver prices on average would decline 14 percent to $16.50 per ounce this year.

At the same time, India, a major jewelry producing country, has recorded a sharp surge in silver jewelry exports during the quarter that ended June 30. Silver exports from the country rose 55 percent year on year to $523.1 million during the period, according to data gather by India’s Gem & Jewellery Export Promotion Council. In contrast, exports of gold jewelry from India declined 23 percent to $1.15 billion during the same quarter. 
Tags: GFMS Thomson Reuters, Gold jewelry, Ronen Shnidman, silver, Silver Institute, silver jewelry
Similar Articles
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First



電洽: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    私隱政策  
  
twitter twitter
關於 Rapaport
廣告業務