Is Gold Jewelry Trend Decreasing in Pakistan:
Fashion of jewelry is a tradition of any tribe of any country.
Its fashion is increasing day by day but it affect on the economic situation .Although this kind of fashion may be expensive if you are using some specials metal like gold, diamond or other specials stones.
but this fashion is on trending.
The increase in gold prices in the national and international market has forced people to buy artificial jewelry even for brides and the preference of women who love jewelry is to buy costume jewelry.
Women now show much less interest in silver or gold jewelry and are rushing to buy artificial jewelry. Goldsmiths also admit that new trends in gold prices have changed the whole scene for people.The owner of a gold shop in the Aabpara market said: "Artificial jewelry has become more attractive to women, and the unprecedented rise in gold prices has reduced the purchasing power of customers and is keeping them in check. ". She said that in the past, when the price of gold was very low, people bought gold for long-term investments, but now the trend is changing.
Now people's preference is to buy jewelry, which is much cheaper and the designs are also fabulous.
Another Blue Area goldsmith said: "Without a doubt, the new trend of wearing artificial jewelry is a gift from the increase in gold prices, which has seriously affected our business.' The price of the yellow metal has increased up to Rs 100,157.53 for per 10 grams pf gold and Rs 118,000.96 for gold per tola. Rahima, an architecture student at COMSATS, said: "My preference is to buy artificial jewelry, as their designs are wonderful and the prices are also much lower compared to gold."
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