金价大跌利好奢侈品珠宝商_时事_双语阅读-查字典英语网

金价大跌利好奢侈品珠宝商

How far in advance top jewellers purchase gold supplies varies, but the average across theindustry is approximately one year. This means that although the beneficial effect of a lowergold price for the manufacturing side will not be felt immediately, it will still flatter marginseventually.

顶级珠宝商提前多久购买黄金不尽相同，但全行业平均提前时间约为1年。这意味着，尽管金价对生产商的好处不会立刻显现，但最终仍将提高利润率。

Swiss luxury goods group Richemont, owner of jewellers including Cartier, Van Cleef &Arpels and Piaget, says the cost of craftsmanship in assembling its $17,000 rings and $10,000necklaces far outweighs the cost of the raw materials each piece requires.

卡地亚(Cartier)、梵克雅宝(Van Cleef & Arpels)和伯爵(Piaget)等珠宝品牌的持有人、瑞士奢侈品集团历峰(Richemont)表示，其1.7万美元戒指和1万美元项链的制作成本远远超过了每件商品所需原材料的成本。

Thomas Chauvet, an analyst at Citi, agrees. “While Richemont and Swatch will continue tobenefit from lower gold prices, let’s not overestimate this impact, he says.

花旗(Citi)分析师托马阠伟(Thomas Chauvet)表示，“尽管历峰和斯沃琪(Swatch)将继续受益于金价下跌，但我们不要过高估计这一影响。

Judged against where it was in 2008 and 2011, the gold price looks set to remain depressedfor now, meaning jewellers should breathe a sigh of relief that commodities are not added totheir list of headaches, which include currency gyrations, the push to reduce corruption andostentatious gift-giving among Chinese officials — which has hit sales of fine watches — and aslowing Chinese economy. But there could yet be a worrying twist.