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Brits 'have love affair' with gold jewellery

Tuesday, 13th May 2008 (245 views)

Jewellery made from gold and other precious metals and gemstones is a key indulgence for British consumers, a new report indicates.

A study from Halifax suggests that there is about £52 billion worth of jewellery in the UK's homes.

Some £8.6 billion in gold is worn each day across the British Isles, the study found.

"Our research shows that between us we Brits own a staggering amount of jewellery and enjoy making a statement by wearing valuable items when out and about," commented Martin Foulds, senior claims manager with the company.

The most jewellery-loving area of the UK was said to be Northampton, with £469 worth of bracelets, rings, necklaces and other adornments worn each day by residents.

In Glasgow, locals tend to wear jewellery worth £468 each day, with the average value of the items sported in Wrexham reaching £460.

Meanwhile, a new report in Indiatimes advises ankle bracelets as a versatile item of jewellery that can be worn on a variety of occasions.

 

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