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U.S. retail sales of platinum jewelry were up 11 percent in 2013 and are expected to grow another 11 percent this year, the Platinum Guild International said.
U.S. consumers are expected to spend slightly less on mom this Mother’s Day and they will keep practicality in mind when shopping.
Jewelers of America is asking retailers to complete its annual Cost of Doing Business survey, which opened Monday and can be taken online. 
The latest Survey of Affluence and Wealth found that well-to-do Americans today are relying more on online reviews than brand messaging or salespeople’s opinions when deciding what to buy.  
A total of 73 percent of retailers reported an increase in sterling silver sales last year, and another 50 percent said the best selling opportunity with the metal is among female self-purchasers, the Silver Promotion Service’s annual Silver Jewelry Buying Trends survey shows. 
Sam's Club and Amazon remain the top retailers when it comes to providing customers with a good experience, according to recent research by the Temkin Group. 
Jewelry is the most widely collected luxury item in the world among the wealthy, although in North America it ranks third behind art and watches, according to The Wealth Report 2014.
Nearly half of consumers recently surveyed said they will be saving their tax refund money this year rather than spending it, according to the National Retail Federation.
Though Nielsen research shows that their confidence retreated slightly in February, consumers overall are feeling more upbeat than they have in nearly six years.
National Jeweler

Fine Jewelry Industry News

Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.