News - Singapore Jewellers Association

SALES OF PRECIOUS STONES DOUBLE AT SINGAPORE’S INTERNATIONAL JEWELRY EXPO

Amid economic uncertainty, more investors are turning to precious stones as an alternative asset.

OFFICE RELOCATION

In 2023, we bid our final farewells to our home for 6 decades. With much support and help from the EXCO members, we officially moved into our new office located at 82 Lorong 23 Geylang, Atrix Build...

JEWELLERS IN SINGAPORE EXPECTING SALES TO DROP AS MUCH AS 40% AMID COVID-19 UNCERTAINTIES

Jewellers in Singapore expecting sales to drop as much as 40% amid COVID-19 uncertainties

LOWER GOLD PRICES DRIVE DEMAND UP BY 20%

The drop in gold prices has prompted many to buy gold jewellery, thus demand has risen by about 20%. Wedding jewellery is especially popular.

Local jewellers lament costs, margin pressures

Faced with tough times due to higher precious metals prices and near-term outlook continuing to be less than rosy .....Local jewellers wrestle with challenges that have never been before........