Are Silver Rings for Men Becoming More Popular than Gold?

It's hard to imagine any metal being more popular for men's rings than gold, but when it comes to fashion jewelry, silver rings for men have been selling at an impressive clip.  According to some retail insiders, silver is already outpacing gold in many categories.

Anyone who pays attention to men's fashion as much as I do will tell you – men's taste in jewelry and clothing is about as predictable as the Chicago Cubs not winning the World Series. That's why it's always a bit shocking when a new trend actually "sticks".  But many types of silver rings for men have begun to surpass gold rings in "number of units sold", so it's clear that something radical is happening in the world of men's rings.

When silver rings for men first became popular, they were only available in a few traditional styles, none of which were very memorable. But in today's jewelry marketplace, it is quite common to see silver rings to match the individual tastes of any man.  There are silver rings for men to celebrate their national heritage, silver rings for committed relationships, silver biker rings, silver tribal rings, silver Christian rings, shank rings, and hundreds of handsome gemstone rings made from silver.  Never before has there been such a wide variety of men's rings made from sterling silver.

There are a few important reasons why silver rings for men are so popular these days, and not all of them have to do with the characteristics of the metal.  Sure, sterling silver is usually 92.5% pure, requires very little upkeep, and looks great in many styles, but recent trends suggest that its increased popularity is more about economics than personal preference.  For example, it is easy to find a great selection of silver rings for men below 0, and many popular styles are less than .  In this economy, the smart money goes with silver.

Gold, on the other hand, has been going up in price for the past several years.  As the dollar shrinks in value, gold prices usually rise, and this translates into higher prices for gold jewelry as well.  While it may still be the "gold standard" for wedding bands, white and yellow gold are facing fierce competition in the wedding band marketplace. 

The recent introduction of durable, industrial-strength metals like tungsten, titanium, stainless steel and cobalt have caused gold to lose some ground as a wedding band metal.  Silver rings for men are another popular option for alternative men's wedding rings, and don't forget the ever-popular platinum and palladium.  These metals are sturdy enough to stand up to a man's active lifestyle, and most of them are hypoallergenic and resistant to scratches and dents.

Another key factor today is color.  Just like women, men have started to move away from yellow gold or gold plated rings.  The most popular metals for today's man are the whiter metals, which look better against all skin tones and match up well with stainless steel watches and other silver-toned jewelry.

Are <a rel="nofollow" onclick="javascript:_gaq.push(['_trackPageview', '/outgoing/article_exit_link']);" href="http://www.justmensrings.com/menssilverrings.asp">silver rings for men</a> more popular than gold?  It depends on the type of ring you are buying, but the price of silver makes it much more attractive than white gold or platinum, and most retailers indicate that sales of silver fashion rings are skyrocketing.

wide range of sterling <a rel="nofollow" onclick="javascript:_gaq.push(['_trackPageview', '/outgoing/article_exit_link']);" href="http://www.mensringsblog.com/2010/11/are-silver-rings-for-men-becoming-more.html">silver rings</a>, from the traditional men's wedding bandto the fashion spinner rings


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The historic price ratio of silver to gold shows that about 10 ounces of silver would buy one ounce of gold, a 10:1 ratio. Recently, the ratio is about a 50:1 ratio (with silver at $20/oz., and gold at $1000/oz.) As the silver to gold ratio returns to historic values, from 50:1 to 10:1, you may make over 5 times more money investing in silver, than gold!

More than all of the silver produced by the mines each year is consumed by industry, which leaves little to no room for substantial investment demand. A marginal increase in investment demand will drive prices sky high.

Most silver is produced as a by-product of mining gold, copper, zinc, or lead. Higher silver prices might not substantially increase the amount of silver mined each year. Consider, in 1980, when silver prices went up to $50/oz., less silver was mined than in 1979.

So watts this mean to the jewelry sector ?.Simple a huge increase in the cost of silver jewelry and with that will come a bigger demand by the general public.

Now this is were it gets tricky ,if you are a jewelry retail shop or a customer you have to be sure that the silver your selling or the silver jewelry item your buying is of the highest standard,98%fine silver is the best.It is quickly becoming the new fashion standard.

At present 90% of all silver is made to a standard 925%Sterling silver,which means it has a small amount of impurities added ,However for an investment this just isn't good enough .and it gets worse ,if you do buying trips for silver from lets say to Asian countries,the majority of silver in street stalls would not pass the assay test 925 that's because the manufacturer has added large amounts of copper or bronze with the silver in order to be able to sell it cheap.

There are no tricks to buying silver ,firstly you must establish a good customer relationship with a reputable manufacture or wholesaler.

Secondly he should be happy to provide documentation of were the raw silver comes from with a assay test certificate.

Thirdly try and buy silver that's Monogrammed,Customers love having designer name brands such as KDL,and you will find that if a manufacturer is name stamping his silver jewelry he has a reputation to protect.

So to sum things up ,Yes invest in silver jewelry ,but only in 98%pure silver ,wear it ,use it and wait for the price increase then you truly have a valuable asset ,you can even have it melted down and re sell the silver .Its a win win over gold .Even if gold increases in price it will not match the percentage profit that silver is now starting to return.

 

I have been Manufacturing silver and gold jewelry for 10yrs ,and specialize in fine silver and 24karet gold .Together with my wife we have helped hundreds of retailers reach there marketing goals. www.silver925-wholesale.com .