Right now, her heart may possibly go pitter-patter. His may well have accomplished the very same at the cash register. But even with gold at an all-time high of more than $900 per ounce, Oklahoma jewelers are reporting strong Valentines Day sales.
Ask Kevin Moody, vice president of Moodys Jewelry, about the jump in gold prices and anticipate a confident, speedy answer. For more information about above topic visit titanium.
"The excellent news is that it hasnt had a negative effect on business," he said. "Most individuals would believe that people would be scared away, but the reality that gold has gone up is a rather little impact on us."
The National Retail Federation estimates Valentines Day spending will be up this year from final. But it also said spending for jewelry will slightly lower.
Regardless, the jewelry market is counting on the concept that individuals will nevertheless shell out the big bucks for some glittery items.
Jim Clark, chairman of B.C. Clark Jewelers, with 3 Oklahoma City stores, stated each year Valentines Day becomes a stronger holiday for the shop, second only to Christmas.
The store also sees a boost from procrastinators.
"Valentines Day is primarily a two-day holiday when it comes to selling," Clark said. "Most males will wait until the last minute, so we have a huge rush on the 13th and 14th without having fail."
Regardless of rising gold prices, Clark stated clients have not shied away from the valuable metal, which has jumped to a lot more than $900 an ounce.
Instead, Clark said consumers are usually much more focused on lines such as Hearts on Fire, a collection of the worlds most perfectly cut diamonds.
And even if the diamond is set in gold, Clark stated the price tag is typically only slightly affected.
The high value of gold in numerous instances has even sparked customers interest in the metal.
"People see the cost of precious metals growing and that increases their desire for it and the knowledge that gold is pretty useful," he said. "They also hanker for kinds of jewelry which are beneficial and exalted such as wholesale costume jewelry,fashion jewelry wholesale,wholesale jewelry,jewelry supply,pearl jewelry, body jewelry etc."
Clark stated the only gold items where buyers will really feel the cost increase are items that are mainly gold, like a mans solid gold wedding band.
Clark stated some customers have also been searching at options to gold, not due to the high cost, but simply because of what he described as several interesting new metals such as tungsten carbide.
Gold usually fees about a single-and-one particular-half to two instances as significantly as tungsten carbide.
Regardless of some rising costs, Clark stated shoppers - particularly Valentines shoppers - have been unabated in their desire for jewelry for that special a person.
"It even surprises us occasionally what men and women will invest on Valentines," he mentioned.
Michael Guillory, manager of Moodys on Utica Square, mentioned due to the fact so many couples get engaged on Valentines Day, he does not see any cause for a reduce in sales regardless of the existing price tag of precious metals.
"It is been a good holiday and I see it getting equally as very good as final year," he mentioned. "You can never go wrong with jewelry its expressing a celebration of enjoy." For further details check tungsten wedding band.