Is there a dark cloud on the horizon for silver jewellery? Recently published data on supply and demand for the metal begs the question.

According to the Interim Silver Market Review, which provides a provisional forecast and is conducted by the Thomson Reuters GFMS team on behalf of The Silver Institute, demand for silver jewellery and silverware fell 10.9 per cent to 257.6 million ounces last year.

The good news is that despite ongoing global pressures, the silver jewellery category is buoyant in the local market and offers plenty of sales opportunities for retailers. The May issue of Jeweller  – out now – has the report.

The industry has witnessed a rather ironic turn of events in recent years, with technology advancements helping jewellers to continue the age-old trade. Our latest issue looks at the role that casting and refining plays in this scenario.

Employees who make excuses to hide poor results not only establish a corrosive culture of blame sharing but also inhibit businesses from achieving success. Why is there an overwhelming compulsion in retail to excuse poor or ‘adequate’ performance and what can be done about it?

There’s a whole lot more in Australia and New Zealand’s #1 jewellery industry magazine, including plenty of useful advice that could help to improve sales and profitability. See below for more details.

[Source:- jewellermagazine]

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