Second-Quarter Gold Meltdown Lifts Jewelry Sales

The gold meltdown in the Q2 provided a boon to jewelers as consumers took advantage of lower costs, coupled with an improving economy, to purchase jewelry.

Second-Quarter Gold Meltdown Lifts Jewelry Sales

Bloomberg’s Alix Steel reports that the bottoming of the gold market in the second quarter provided a boon to jewelers as consumers took advantage of lower costs, coupled with an improving economy, to purchase jewelry. She speaks on Bloomberg Television’s “In The Loop.”

[youtube height=”326″ width=”580″]http://www.youtube.com/watch?v=KbVYXIZZie4[/youtube]
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