During festivals and the holiday season, residents also purchase gold jewelry as a present for their loved ones. The wedding season also contributes considerably to the gold jewelry demand. The recent improve in online commentary across the already low and declining worth of lab-created diamonds is, I believe, an indication of this essential market motion beginning to occur.

While it’s newer — surfacing early this yr on social media — the mob wife aesthetic is making a considerable impression on engagement ring preferences already, posing a stark distinction to quiet luxury. The trend lends itself to chunky gold bands, bezel …