subject: Mother's Day Gift: Gold Jewelry [print this page] It looks like Mother's Day does not care about the recession in the United States. Gold jewelry items are the favorite gift for the sons and daughters that are buying things for their beloved mothers. America is now in a shopping frenzy because of Mother's Day which falls on the 10th of May.
Surveys have revealed the fact that people are going to spend about 2.5 billion dollars on gifts for Mother's Day this year. The amount of cash spent on jewelry per person has gone up to 123.89 dollars last year to 126.90 dollars this year. All the surveys highlight the fact that people are spending a little bit more than they did last year. Valentine's Day, Easter, Saint Patrick's and now Mother's Day are proof that people are trying to forget about the recession.
It is known that Mother's Day is the second most largest US spending holiday after the winter holidays. Even if the shoppers are willing to take some more cash from their pocket this year, they still haven't stopped looking for gifts more inexpensive but with more sentimental value. As retailers and restaurants are offering promotions starting from dinners for the whole family to small flower bouquets, they will have where to choose from.
There will be more traffic in jewelry stores and in department stores. The first on the gift list are mums and step mums and after come the wives. Others will buy presents for their daughters, grandmothers, sisters or friends. It is very clear that men will spend much more for presents for Mother's Day than the women will.
Gold has and will be a good investment especially in this financial climate. In case you don't choose the right gold jewelry you don't have to worry too much. The latest thing these days are the Gold Parties. If someone simply doesn't like the gold jewelry item they receive they can simply sell it at these parties.
