Grooms Opt
for Titanium Rings Due to Meteoric Rise in Precious Metals
Released
on: October 30, 2007, 9:49 am
Press
Release Author: Sbrown/Titanium-Jewelry
Industry:
Apparel
& Fashion
Press
Release Summary: Contemporary Metals Offer Affordable Alternatives
for Men's Wedding Bands
Press
Release Body: (Modesto, CA) October 29, 2007 – Titanium-Jewelry.com,
a leading online retailer of titanium
rings, tungsten
rings and unique titanium jewelry, today announced that affordable
and stylish alternatives are highly demanded as price increases
in precious metals limit options for grooms seeking men's wedding
bands.
Across the United States and abroad, many grooms have discovered
that they are being priced out of the market when shopping for traditional
wedding bands in gold and platinum. The average person does not
pay attention to the price of gold, platinum and other precious
metals on a regular basis. As such, most do not know that the cost
of men's wedding bands made of platinum or gold, have tripled in
cost over the last 5 years. "It can be shocking when a
young man heads into the jewelry store with his fiancée and
eyes a basic platinum wedding band selling for $2,000, or more.
With the rising costs of weddings, many grooms simply can no longer
afford the traditional platinum wedding band," stated
Ron Yates, founder of Titanium-Jewelry.com and owner of
Yates & Co Jewelers in Modesto, CA.
The
reason for the dramatic increase in men's wedding bands made of
white gold or platinum is due to the rising cost of precious metals,
which have increased by as much as 30% over the past year. The price
of gold has risen from $600 per ounce to over $750 per ounce. Platinum
has also increased from $1100 to over $1400 per ounce since this
time last year. According to Curtis Hesler, editor of the
Forbes Newsletter, The Professional Timing Service,
"The first quarter of next year, could see gold push the
$800 level." The increases in the precious metal market,
has negatively affected the choices available to many couples looking
to select wedding or other fine jewelry.
The
solution: modern, alternative metals such as Titanium, Black Titanium
and Tungsten Carbide. For the past several years many younger grooms
have been purchasing titanium and tungsten wedding bands mainly
for their durability and hypoallergenic qualities.
However,
cost is becoming the primary motivating factor. With the increasing
number of younger grooms being priced out of gold or platinum wedding
bands, couples are overwhelmingly choosing contemporary metals.
Wedding bands made of Titanium, Black Titanium, Tungsten Carbide
and Carbon Fiber, are viable choices for wedding bands and wedding
rings, offering customers affordable quality and modern styling.
Platinum
wedding bands for men in 6mm widths are selling for $2,000 and more.
Titanium rings and tungsten rings in the same widths can be purchased
at a fraction of the cost. A leading online retailer of contemporary
jewelry, Titanium-Jewelry.com, has many styles
of tungsten and titanium wedding bands for as low as $79.
"We've seen a huge increase in men choosing contemporary
metals for their wedding rings. Just three or four years ago most
guys never heard of titanium rings or tungsten rings,"
stated Yates. "Now couples are considering these rings
as a viable choice for their wedding rings. They like modern designs,
durability and the affordability," Yates concluded.
Titanium-Jewelry.com
has many styles and price points to choose from, offering couples
more affordable solutions, without compromising quality, style or
comfort. For more information on titanium rings and tungsten rings,
please navigate to http://www.titanium-jewelry.com.
About
Titanium-Jewelry.com
Titanium-Jewelry.com provides a wide selection
of titanium rings and jewelry unique style for men and women. As
a complement to Yates & Co Jewelers, the brick-and-mortar
counterpart to Titanium-Jewelry.com, customers
have relied upon receiving the highest quality products from the
most respected titanium jewelry experts in the field. Titanium-Jewelry.com
guarantees their jewelry is made from ultra high grade titanium
alloys and provides unparalleled customer service and accessible
expertise in titanium rings and jewelry, equaling the best possible
online shopping experience. Founded in 1988, Titanium-Jewelry
offers the best selection of custom fine jewelry with unique and
original designs, antique and estate pieces plus a complete line
of titanium jewelry for men and women. For more information, please
visit www.Titanium-Jewelry.com.
Web
Site: http://www.Titanium-jewelry.com
Contact
Details: Press Contact
Ron Yates
Founder
Phone: 800-370-2646
Email: ron@titanium-jewelry.com
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