Gold, Silver Prices High? These Alternative Metals Are Gaining Popularity in Jewellery – News18

When discussing jewellery, gold and silver traditionally come to our minds, with their use dating back centuries in places like India. However, recent trends show a growing interest in jewellery made from alternative metals. In addition to platinum, which has gained traction in recent years, other metals are now capturing the attention of jewelry enthusiasts worldwide. Among these emerging metals are palladium, titanium, tungsten, and stainless steel. Their unique properties and distinctive shine have contributed to their rising popularity, particularly in countries such as the United States, several European nations, and China.

These metals are becoming increasingly favoured due to their durability, modern aesthetic, and often more affordable price points compared to traditional precious metals. As these trends continue to evolve, it’s worth noting the current market rates for these metals in India and their increasing appeal on the global stage. For those interested in exploring alternatives to gold and silver, palladium, titanium, tungsten, and stainless steel jewelry offer a fresh and exciting option.

How Palladium Jewellery is Made

Palladium, a member of the platinum family, is renowned for its lightweight, hypoallergenic properties, and exceptional durability. Palladium jewellery is typically crafted from 95% palladium and 5% ruthenium (PD950), which ensures it maintains its shine and resists scratches over time.

The Rise in Popularity of Palladium

Palladium gained prominence during World War II when platinum was allocated for military purposes. Today, it is a sought-after alternative to platinum due to its lower cost. While palladium is more affordable than platinum, it is still pricier than gold, making it a popular choice for both wedding bands and fine jewelry of high quality.

Russia is the leading producer of palladium, while South Africa provides 87% of the world’s ruthenium supply. Beyond jewellery, palladium is increasingly used in electronics and dentistry as a cost-effective substitute for platinum.

How Titanium Jewellery is Made

Titanium is known for its remarkable durability and lightweight nature. It is hypoallergenic, resistant to corrosion, and maintains its shine even with daily wear. Although it is relatively soft and can scratch over time, titanium has become a popular choice for wedding bands due to its modern aesthetic. Additionally, titanium is generally more affordable than both palladium and tungsten.

Understanding Tungsten Jewellery

Tungsten, particularly in the form of tungsten carbide, is one of the hardest metals used in jewellery. It is highly resistant to scratching and retains its shine and polish effectively. However, it can break under extreme pressure. Tungsten is gaining popularity, with 25% of grooms in Europe and America opting for tungsten rings. These pieces are not only stylish and beautiful but also the most affordable option compared to palladium and titanium.

Appeal of Modern Metal Jewellery

Palladium, titanium, and tungsten are increasingly favored in today’s lifestyle. These metals offer a great feel and exceptional comfort while also being highly durable.

Where These Metals Are Gaining Popularity

Palladium, titanium, and tungsten jewellery is seeing a rise in popularity across various countries. In the United States and Europe, these metals are frequently chosen for fine jewellery. Titanium is especially popular in the United States, Canada, and Australia, while tungsten enjoys significant popularity in Europe and parts of Asia.

Stainless Steel Jewellery

Stainless steel jewellery is gaining popularity in China and other countries due to its attractive shine and exceptional strength. It is composed of carbon, iron, 10.5% chromium, and up to 1.2% carbon, with additional alloys like nickel and titanium added to enhance durability.

Jewellery Price in India

In India, palladium rings start at approximately Rs 27,598, with prices potentially reaching up to Rs 1,35,740 depending on design and craftsmanship. Titanium jewellery generally ranges from Rs 2,000 to Rs 15,000, while tungsten rings are priced between Rs 3,000 and Rs 20,000. Overall, palladium is the most expensive of the three, followed by tungsten and then titanium.