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Be prepared to witness the explosion
of non-traditional white metals in jewelry industry?
The latest sensation in jewelry market, palladium.
Yes, that’s what industry experts have predicted--palladium
jewelry is all set to emerge as an alternative
to platinum, silver, and white gold. In its
initial stage palladium has been able to cast
a significant impact in the industry. At present
the odds are even more in its favor. Designers
have launched vast number of latest palladium
ensemble last year.
A survey reveals
that demand for palladium has increased by 70%
since 2005 and the majority of demand was from
the jewelry sector. The analysts say that palladium
is preferred over platinum as the former is
nearly five times cheaper than the latter. The
consumers who could not afford platinum jewelry were attracted towards palladium
jewelry. Palladium is nowadays a viable option
to platinum and white gold. Earlier jewelers
used to deter from using palladium due to its
casting difficulty but with the advent of a
castable palladium alloy, it is now perfect
for use in the ornament industry.
Palladium does not cause irritation,
is harder, durable and reduce chances of tarnish,
which in turn makes it much better choice than
white gold. The jewelry made from palladium
is long lasting than other metals. Palladium
bears the same characteristic as of platinum
and white gold like purity, luster and light
color. The only difference is that palladium
jewelry is more affordable than platinum,
and more long-lasting and hypoallergenic than
white gold. You may not have heard about Palladium
but sooner or later it would be the most treasured
possession in your jewelry ensemble.
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