Valuable metallic gross sales picked up in 2022 on the again of the restoration within the financial system and the huge enhance of vacationer inflows, as many retailers reported double-digit development in numbers

FILE. Photograph: AP

Whereas the demand for conventional jewelry nonetheless holds good, gold jewellers in Dubai say that desire for diamond jewelry and various metals reminiscent of platinum, silver, rose gold, and white gold has elevated amongst younger shoppers.

Gold jewellers in Dubai say that personalised designs are additionally turning into a vogue amongst consumers within the post-pandemic interval.

In accordance with Ramesh Kalyanaraman, government director, Kalyan Jewellers, the youthful shoppers’ jewelry preferences are persistently evolving, influenced by affordability, minimalism, cultural developments and the rising recognition of all-season jewelry.

“This has led to a notable shift in shopper preferences in the direction of various metals reminiscent of platinum, silver, rose gold and white gold in addition to luxurious merchandise reminiscent of diamonds studded with emerald, sapphire or ruby,” mentioned Kalyanaraman.

Chirag Vora, director, Bafleh Jewellers, mentioned that 2022 noticed numerous demand for smaller jewelry with completely different colors of gold reminiscent of rose, yellow and white.

“Tricolor or multicolour gold jewelry is in development now. Individuals additionally like a splash of Minakari work,” Vora mentioned.

Jewelry gross sales picked up in 2022 on the again of the restoration within the financial system and the huge enhance of vacationer inflows, as many retailers reported double-digit development in numbers. In addition they confirmed that gold jewelry gross sales reached the pre-pandemic degree final 12 months.

John Paul Alukkas, managing director, worldwide operations, Joyalukkas Group, mentioned whereas the demand for conventional jewelry nonetheless holds good, there’s a shift in desire for daring patterns, particularly from the youthful clients.

“There may be additionally a desire for diamond jewelry along with jewelry with valuable stones. Personalised designs are additionally turning into a vogue. Advantageous jewelry and trend jewelry would be the desire within the coming years,” added Alukkas.

Shamlal Ahamed, Managing Director-Worldwide Operations, Malabar Gold & Diamonds, added that clients preferring diamond jewelry over gold jewelry is without doubt one of the most important developments rising available in the market.

“There was a gradual enhance of millennials amongst our buyer base, preferring to purchase stylish and light-weight jewelry within the way of life class versus heavy items. Funding in gold has additionally shot up amongst each younger and previous traders attributable to gold persevering with its place as a safe-haven funding,” he added.

Anil Dhanak, managing director of Kanz, mentioned shoppers in Dubai are spoilt for alternative when they’re out for jewelry purchasing due to the sheer variety of retailers.

ALSO READ: