Slow Economy Ignites Gold Fine Jewelry Sales as Stable Investment

CARLSBAD, Calif., Jan. 31, 2012 /PRNewswire/ -- Today, while the United States and other countries are scrambling to balance budgets, print more money and cook their books to stabilize the world's economy, "gold continues to shine with everlasting beauty, and as the new old dollar!" said Phil Mulloy, Owner of Mulloys Fine Jewelry. "For centuries gold has been a proven, stable investment against inflation and a replacement or hedge against a failing currency. People are flocking to gold, and what better way than to purchase gold as a piece of jewelry you love," said Mulloy.

Marco Bicego and Roberto Coin, for example, in a slower economy have increased in sales demand because of the quality workmanship and high karat gold, and Mulloys doesn't see an end to this any time soon. "We haven't even hit an inflation bubble yet. We expect that from all the money printed to save our economy once that occurs who knows how far gold can shoot," said Mulloy.

Mulloys sees a lot of customers purchasing heavy gold pieces like Roberto Coin necklaces and Marco Bicego Neckpieces. The Africa collection of necklaces in particular, with handmade beads each hand engraved and set within linked chain, is very welcomed by customers of the San Diego Jewelry store.  "A definite winner!" said Gaylene Taylor, Marco Bicego specialist at Mulloys.  "Roberto Coin makes some attractive hammered Martellato rings in 18k yellow gold. They're my favorites," a Roberto Coin collector adds.

For more information on gold or other fine jewelry pieces, a customer service representative can be reached at 877-MULLOYS or visit www.mulloysjewelry.com/.

Full press release available here: http://www.mulloysjewelry.com/cms/slow_economy_ignites_gold_fine_jewelry_sales_as_stable_investment.asp.

About Mulloys Fine Jewelry

Mulloys Fine Jewelry has one of the largest selections of designer engagement rings, wedding bands, and diamonds in San Diego. As a Direct Diamond Importer, they have one of the widest selections of certified diamonds with the lowest prices. They carry popular jewelry designs by many well known designers such as Roberto Coin, Tacori, Marco Bicego, John Hardy, Michele Watches, and many more. Whether you're getting engaged and are looking for a ring, or simply looking for a special gift, their staff is available with personal customer service to help you make the perfect choice.

SOURCE Mulloys Fine Jewelry