Find out why the price of silver varies internationally and how this influences contemporary Mexican silver jewelry. We explain the factors behind these fluctuations.
Why does the price of Mexican silver jewelry vary?
If you have ever wondered why silver prices go up and down, even in jewelry as special as the ones we offer in our store, you are in the right place. Silver, one of the most beautiful and versatile materials in contemporary Mexican jewelry, has a value that depends not solely on its use in design, but on global factors beyond our control.
In Mexico, many jewelry stores adjust their prices several times a day, as the cost of silver is calculated per gram in real-time. This means that the price of your earrings, rings, or necklaces may vary depending on when you decide to buy them. In my store, I strive to maintain fixed and stable prices, but sometimes it is unavoidable to adjust them due to market fluctuations.
Silver: More than just a precious metal
Silver is not only a key element in creating unique jewelry and traditional ornaments; it is also a global currency. This means that its value is influenced by economic and geopolitical factors. Even if you don't notice it directly, decisions made in other parts of the world can affect the price of the pieces you love.
Historically, silver and gold backed the currencies of many countries. However, since the 1970s, the global monetary system changed, and the US dollar became the dominant currency. Today, with the rise of new economic powers and changes in the global landscape, the value of precious metals is particularly volatile.
How does this affect your jewelry and small businesses?
When the price of silver goes up, it doesn't just affect big investors or global industries; it also directly impacts small businesses and entrepreneurs like Dikua Jewelry. Unlike large companies, small workshops and designers buy silver in limited quantities, which means we don't have access to volume discounts. Every gram of silver we use in my jewelry is purchased at market prices, which can vary from day to day.
For me, silver is not just a precious material; it is the heart of my creations. When its price increases, so do my production costs. This forces me to adjust the prices of my jewelry, something I do very carefully, and always try to maintain a balance between quality and accessibility for you, who give me your preference.
In a world where big players dominate the market, small businesses strive to keep craftsmanship and unique design alive. Each piece I create carries with it not only silver, but also hours of work, dedication, and passion. Although I cannot control the ups and downs of the international market, I do guarantee that each jewel that leaves my workshop is made with the greatest care and respect for the material and for those who will wear it.
In my store, I believe in transparency and the beauty of handmade. Discover my silver jewelry and join the community that values unique design and craftsmanship with heart. 💖✨
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