Tuesday, February 5, 2008

Ethical gold jewellery - Market ballooning

"Green gold" jewellery is a niche in a fast-growing wider market for ethical goods, ranging from day-to-day foodstuffs like tea, coffee and chocolate to designer fashions and travel.

Analysts say global sales of ethical gold jewellery are probably less than one per cent of the total $56 billion gold jewellery market based on figures from London-based consultancy GFMS – and the Fairtrade label is a year or so away.

Although the ethical product is priced at a premium and gold is at record highs, the market has been ballooning. Among a plethora of online offers are companies including one called greenKarat that argues industrial mining methods damage the land and endanger ecosystems, so recycled gold would be better for society.

Source / Read more Ethical jewellery good as gold

2 comments:

Anonymous said...

As in the last pragraph u mentioned the argues industrial mining methods damage the land. it would much good if we promote the beads. which too good looking.

Unknown said...

Nice blog. Thanks for sharing this wonderful information with us.

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