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Oct 27
41m 34s

283. 7 Benefits of the Rising Cost of Me...

JESSICA ROSE
About this episode

In this week's episode, Jessica Rose and Anna Campbell explore the unexpected advantages behind the rising costs of silver and gold. While many jewellers worry about affordability and holding stock, Jessica and Anna reveal that these changes can actually strengthen your business and the handmade jewellery industry as a whole.

They discuss seven key benefits, including:
- The increased inherent value of your jewellery - customers now see handmade pieces as not only beautiful but a smart long-term investment.


- A boost in the value of any metal stock you already own - some jewellers have seen their materials rise by around 50%, leading to higher profits when priced correctly.

- Rising prices encourage better pricing confidence and healthier profit margins across the industry, moving away from undercharging.


- More customers are looking to resell, recycle or redesign their old jewellery - creating new opportunities for bespoke services and lasting client relationships.


- Despite higher prices, demand for gold and silver jewellery remains strong, driven by design, desire, and personal connection—not just cost.


- Small independent jewellers now stand out more clearly from high-street brands, as mass-produced copies become harder to make in precious metals.

- Hallmarking gains value, giving customers reassurance and proof of authenticity as they invest in higher-priced pieces.

The episode ends with a powerful reminder: adopting a positive mindset and valuing your role as a maker is key to growth. Now is the time to embrace opportunity, build trust, and create jewellery with confidence.

Watch the full webinar now:

https://www.jewellersacademy.com/blog/2025/how-to-grow-your-jewellery-business-alongside-the-rising-cost-of-precious-metals

Jewellery Business Academy 2026

If you are looking to grow your jewellery business check out our 1 year Jewellery Business Academy.

Who is the Jewellery Business Academy For?

The Jewellery Business Academy is open to jewellers at every stage, from beginners launching their first collections to established makers seeking to refine, grow, and scale. With flexible payment options spread over 12 months, it's designed to be accessible, supportive, and transformative.

Enrolment is open now. Have a look and see if it is for you:

https://www.jewellersacademy.com/the-jewellery-business-academy

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