ColumnistsMar 31, 2026
Q1 Clues That Reveal Where Your Jewelry Store’s Sales Are Heading These customer behavior patterns say a lot about how successful your jewelry store is going to be this year, Emmanuel Raheb writes.
OtherMar 26, 2015
Silver price expected to fall again in 2015
The per-ounce price of silver is expected to decrease this year as the dollar continues to strengthen and investments move out of the commodities sector.
New York--The per-ounce price of silver is expected to decrease this year as the dollar continues to strengthen and investments move out of the commodities sector. However, the metal could end the year on a strong note poised for growth in 2016.
London-based analyst Andrew Leyland, manager of precious metals demand at Thomson Reuters GFMS, told National Jeweler in an email that they are predicting the average silver price to decrease to $16.50 per ounce in 2015, down from just above $19 last year.
According to Kitco.com, in the first three months of 2015, silver has hit a high of $18.23 and a low of $15.47, with an average price of $16.70 per ounce for the period of January to March.
“The driving factor behind silver prices this year won’t be supply or physical demand but its attractiveness as an asset class for institutional investors, in our view,” Leyland said. “We’re continuing to see money move out of the commodities sector, into equities and fixed income, and this, along with a stronger dollar, has been underpinning weakness.”
He added that Thomson Reuters GFMS expects the silver price to end the year on a strong note and for the average to increase by a full dollar, to $17.50 per ounce, next year.
The price of silver likely will hit its lowest point of the year just before the Federal Reserve raises interest rates, the analyst said. “Higher rates in theory should be negative for the silver price as it’s a non-yielding asset. The market has been anticipating this, however, and we believe the rate hike is already priced in.”
The London Bullion Market Association also released its prediction for 2015 prices, with analysts forecasting an average price of $16.76 per ounce for silver--slightly higher than the Thomson Reuters GFMS forecast--with prices ranging throughout the year from $13.91 to $19.36.
The contributors named a number of factors behind this prediction, including the expected strengthening of the dollar, disinflation and slow growth from China and the Eurozone, all of which will push down the silver price, as well as positive price factors such as continued support of silver exchange-traded funds and expectations that the retail environment will continue to take advantage of the “attractive prices.”
According to Kitco.com, silver’s average per-ounce price last year was $19.08, reaching its high in February at $22.05.
From about July onward, the silver
price declined steadily, falling to its low in November of about $15.28 before increasing slightly by year’s end.
The lower price of silver is continuing to have a positive effect on silver jewelry demand, and Thomson Reuters GFMS said that it is continuing to see a trend toward heavier pieces and movement away from plated products toward sterling silver.
More on Other
The Latest
CollectionsMar 31, 2026
Mejuri Adds Silver to ‘Puzzle’ CollectionMejuri’s popular collection of 18-karat yellow gold vermeil rings debuted in sterling silver alongside new “Puzzle” slider charms.
CollectionsMar 31, 2026
Buddha Mama, Ashley Longshore to Host Pop-Up in DallasThe Miami-based jewelry brand and the NYC-based artist will be in Dallas from April 9-11.
Brought to you by
Protect Your Customers and Your BusinessYou deserve to know what you are selling–to protect your customers as well as your business and your reputation.
SourcingMar 31, 2026
NDC Designates April 8 as 'World Diamond Day'The initiative invites those in the industry to share stories on social media highlighting the meaning and impact of natural diamonds.
Weekly QuizMar 26, 2026
This Week’s QuizTest your jewelry news knowledge by answering these questions.
SourcingMar 31, 2026
GIA VP Jillian Wolk to Take Over at Tracr Wolk’s first day on the job as CEO of Tracr, De Beers Group’s blockchain platform, will be May 1.
EditorsMar 30, 2026
Tom Moses Looks Back on His Decades at GIA Moses, who will leave the lab in May after nearly 50 years, discusses his start in the business, gemstones that stand out, and what’s next.
Brought to you by
Is This You? Every Jeweler Has This Problem; We Have the Solution.Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.
TrendsMar 30, 2026
Oscar Heyman Debuts First Spring CatalogThe new catalog, which showcases 35 one-of-a-kind pieces of jewelry, is a compliment to the company’s popular holiday catalog.
SourcingMar 30, 2026
Rio Tinto Hauls Last Load from DiavikProduction has ceased at the Canadian diamond mine, which has yielded more than 150 million carats of rough diamonds in its 23-year run.
MajorsMar 30, 2026
Tanishq Opens First New England LocationThe store opening marks the 10th United States location for the India-based jewelry retailer.
MajorsMar 27, 2026
Saks Global Has Changed Its Mind About Closing These 3 StoresTwo Saks Fifth Avenue locations, one in Florida and one in California, and one Neiman Marcus store are off the chopping block.
IndependentsMar 27, 2026
Jimmy West, Longtime LJG Executive Director, Dies at 72West, who started in the art department at the Leading Jewelers Guild in 1979, is remembered for his patience, kindness, and dedication.
CollectionsMar 27, 2026
Itä’s ‘Yarí Whirl’ Ring Tells Every Side of the StoryIn the “Tesoro” version of the ring, our Piece of the Week, each side of the gold hexagonal nugget has a unique colored gemstone design.
WatchesMar 26, 2026
Q&A: Citizen Watch America President Jeffrey Cohen on Eco-Drive’s 50th AnniversaryCohen discusses the evolution of Citizen’s light-powered technology, the brand’s cross-generational appeal, and tariffs.
IndependentsMar 26, 2026
Peter Smith Pens Book on Human Behavior in Sales“Essentially Human: On Sales and Salespeople" reveals the underlying human traits and behaviors of the most successful sales professionals.
CollectionsMar 26, 2026
Lionheart Celebrates 13 Years of ‘Cassandane’The collection features symbols of love, luck, and light, based on the story of Queen Cassandane and Cyrus the Great of Persia.
Events & AwardsMar 26, 2026
NAJA, Instappraise Introduce New ScholarshipIt’s the third scholarship to be launched as part of the partnership to help appraisers advance their professional credentials.
Events & AwardsMar 26, 2026
JA Still Accepting Entries for 2026 CASE AwardsThe deadline for entries in the jewelry design competition has been extended to April 3.
SourcingMar 25, 2026
Rob Bates Steps Down as JCK News Director After 28 years with JCK, the veteran industry journalist is launching his own publication on Substack called The Jewelry Wire.
GradingMar 25, 2026
New York’s Natural History Museum, Wiley To Build Minerals DatabaseWiley said the project will give scientists worldwide access to the American Museum of Natural’s History renowned mineral collection.
CollectionsMar 25, 2026
Boochier Turns Flower Friendship Bracelets Into Fine JewelryThe “Flower Puff” collection looks to beaded flower friendship bracelets from childhood, turning the silhouette into nostalgic fine jewelry.
Policies & IssuesMar 25, 2026
Community for Ethical Jewelry to Host Bench Jeweler Shortage WebinarSet for April 2, the webinar will discuss how the jewelry industry can address the workforce gap.
IndependentsMar 24, 2026
Lisa Bayer, Illustrator and Beloved Member of the Muse Family, Dies at 64Bayer, founder of Lisa Bayer Designs, is remembered as “a bright light in every room.”
AuctionsMar 24, 2026
White Diamonds Shine In Christie's Jewels Online SaleThe highest-grossing lot was a Tiffany & Co. ring set with a flawless, emerald-cut diamond of 10 carats.
SourcingMar 24, 2026
AGTA Solidifies Tucson Dates For 2027-2029The next three editions of AGTA GemFair Tucson will feature a five-day show that includes Sunday.
WatchesMar 24, 2026
Christie’s Names New Senior Specialist, WatchesFormer Sotheby’s executive Tom Heap has taken on the London-based role.
