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Surging Commodity Pricing and Its Impact on U.S. Jewelry Retailers

The Plumb Club to host a free retailer learning opportunity with Platinum Guild International, USA.

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(PRESS RELEASE) NEW YORK — The surging prices of jewelry materials are the focus of the majority of industry discussions these days. The Plumb Club presents a retail-learning opportunity provided by Platinum Guild International, USA (PGI). The virtual event will be held in the Jewelers Resource Center Auditorium on Thursday, November 20th at 2pm (EST) and is free and open to the entire jewelry industry using the registration link at the bottom of this release.

Surging Commodity Pricing and Its Impact on U.S. Jewelry Retailers

Matthew Piggott

This very timely webinar will examine how rising gold and platinum prices are reshaping the retail jewelry landscape. In a 30-minute presentation, plus Q&A afterward, Matthew Piggott, director of gold and silver at Metals Focus (a precious metals research consultancy), will unpack the key global forces driving metal prices and offer 12-month forecasts for both gold and platinum.

Retailers will learn how these trends affect them directly – through higher inventory and financing costs, tighter credit lines, and increased price volatility. The webinar will help explore strategies such as hedging and inventory management to mitigate risk. Attendees will gain insights into shifting consumer behavior, helping retail jewelers better navigate profitability, pricing, and product mix in a period of elevated commodity costs.

The webinar will be presented by Matthew Piggott, director of gold & silver with Metals Focus. Piggott has spent 18 years in commodity markets, working across 25+ base and precious, specialty and minor metals. He began his career at GFMS covering the mining industry for precious metals.

Prior to joining Metals Focus, Matthew also headed up metals & mining research and consulting departments at a range of information businesses, such as S&P Global, Roskill and Skarn Associates, and has covered various different aspects of the metals industry, from mining to demand modelling and sustainability. Matthew is responsible for Metals Focus’ publications on those metals, and his personal coverage now focuses on North American and European demand, including jewelry.

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Don’t miss the opportunity to take a deep-dive into the hottest topic affecting the jewelry industry, with this webinar entitled, “Surging Commodity Pricing and its Impact on US Jewelry Retailers”.

Register now, using this link, and don’t miss out on this important information to help you do business.

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SPONSORED VIDEO

Honoring a Legacy: How Smith & Son Jewelers Exceeded Every Goal With Wilkerson

When Andrew Smith decided to close the Springfield, Massachusetts location of Smith & Son Jewelers, the decision came down to family. His father was retiring after 72 years in the business, and Andrew wanted to spend more time with his children and soon-to-arrive grandchildren. For this fourth-generation jeweler whose great-grandfather founded the company in 1918, closing the 107-year-old Springfield location required the right partner. Smith chose Wilkerson, and the experience exceeded expectations from start to finish. "Everything they told me was 100% true," Smith says. "The ease and use of all their tools was wonderful." The consultants' knowledge and expertise proved invaluable. Smith and his father set their own financial goal, but Wilkerson proposed three more ambitious targets. "We thought we would never make it," Smith explains. "We were dead wrong. We hit our first goal, second goal and third goal. It was amazing." Smith's recommendation is emphatic: "I would never be able to do what they did by myself."

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