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Research: April US jewelry sales show solid gains

from IDEX

The continuing recovery in the American economy is driving solid sales gains for U.S. jewelers. Sales for both specialty jewelers and other merchants selling jewelry rose by about 7 percent during April 2010, based on the latest data just released from the U.S. Department of Commerce. There were three significant drivers of demand in April, which we have dubbed "The 3 B's": bridal, beads and barter (buying gold). Further, retail jewelers report that sales of fashion goods have shown improvement. more

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