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Top Shares of Jewelery and goldsmith (Cyclical consumption) NASDAQ

Who does not like a good accessory, a good jewel or a good ornament? This is one of the industries that works best when the economy of a country grows and people have economic stability. It is also a sector that we could consider seasonal because many people turn to jewelry and goldsmithing to make gifts at times such as Christmas, Valentine's Day, anniversaries or birthdays.

To talk about this industry we have to highlight the differences between jewelry and goldsmithing because, although they are closely related, they are not the same. Goldsmithing consists of working with precious metals in order to create ornaments in general, while jewelry is designed to create accessories that serve to adorn the body or clothing.

When we buy art and jewellery, we seek to reflect our personality in these products or, at least, what we want others to see in us, that is why we spend time choosing a good jewel, according to our tastes.

It should also be noted that, as we have previously reviewed, jewelry and goldsmithing is consumed when there is an acceptable level of economy and that is why it is one of the items considered luxury. When a person is in a bad economic situation, he does not consider spending his money on this type of product due to its high cost compared to the utility that it will give him. A ring, one of the cheapest, can cost about 50 euros the same as a coat, but if cold days are approaching, the coat is much more necessary to protect from low temperatures compared to a ring that is only used to decorate.

Here you can find many companies that stand out in the jewelry and goldsmith industry so you can reflect on the idea of buying shares as an investment.

Fossil
1,31 $
FOSL
+0,07 $
+5,22 %
Detailed information of Fossil (FOSL), stock of NASDAQ. All the technical analysis, execution, and the historical data of the last months, years and days. View Stock
Amark Preci
38,77 $
AMRK
+1,68 $
+4,53 %
Detailed information of Amark Preci (AMRK), stock of NASDAQ. All the technical analysis, execution, and the historical data of the last months, years and days. View Stock

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