Fashion Briefing: Gold prices are skyrocketing, squeezing the jewelry industry’s margins in uncomfortable ways
Culture Index
Score Breakdown
Relevance
9/25
Freshness
25/25
Authority
18/20
Brand Signal
9/15
Depth
4/15
5-Axis Cultural Radar
The last year has seen the price of gold skyrocket, thanks to steady inflation and tensions in the Middle East. In January, gold futures surpassed $4,900 for the first time in history and briefly reached $5,500. Now, many analysts are predicting that the price could top $6,000 by the end of the year.
