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Thursday, May 31, 2007
Rental Jewelry In Egypt
Desperate Egyptians are finding new ways to get married without losing status by renting jewelry. Egypt is undergoing a lot of changes with problems such as high employment, rising inflation, and low monthly salaries. There are no immediate solutions and it’s complicated due to various factors. Egyptians love their traditions. With weak economy and unaffordable gold prices many parents are going the extra mile to find happiness for their daughters. Rent-A-Jewelry-On-Wedding-Night is becoming more common and practical because many in Egypt’s lower income brackets may take years to save enough money for the special event. They just can’t afford the cost and style. A bride’s family may request anywhere from $500 to $10000 ++ for a wedding band and two bangles or for entire set of gold jewelry and a diamond ring. Because of the state of the economy and reality many families are learning to break away from the emotional attachment with gold and diamond. At the end of the day life is about choices you make and in Egypt women are choosing happiness over a traditional customs. In Egypt it looks like jewelry rental trend may gradually replace the traditional jewelers because of the state of the economy. Egypt’s gold heritage is unique and rich with traditions and it should reform and prosper with new ideas and utility. I hope the traditions remain affordable and durable with superb luster.
Labels:
gem business,
jewelry
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