A new report published by the Platinum Guild International (PGI) marks “a continued recovery in platinum jewelry sales in India, Japan and the United States in the second quarter of 2022,” according to a report in Rough & Polished.
In India, PGI’s strategic partners reported gains of 2-3 times compared to a year ago, and 110% growth from the same quarter in 2019. In the US, retail sales growth “remains positive,” as “platinum jewelry sales continued the hot streak, with partners posting double-digit sales increases and outstanding retail sell-through results following a successful start of 2022.”
In Japan, platinum jewelry sales increased 9.8% in Q2 2022. According to the report, “increase in sales of high-purity and asset products, as well as fashion jewelry, contributed to the growth.”
