Gold's Second-Quarter Meltdown Lifts Jewelry Sales

July 1 (Bloomberg) -- Bloomberg's Alix Steel reports that the bottoming of the gold market in the second quarter provided a boon to jewelers as consumers took advantage of lower costs, coupled with an improving economy, to purchase jewelry. She speaks on Bloomberg Television's "In The Loop."

Most Recent Videos

Jobless Claims Plunge to 15-Year Low of 265,000
07:05 - Jan. 29 -- Weekly jobless claims plunged to the lowest level in 15 years, declining by 43,000 to 265,000 n a holiday-shortened week. Bloomberg’s Scarlet Fu reports on ”In The Loop.”
  • Jeffrey Gundlach Sees Fed on Brink of Big Mistake
  • Apple Ties Samsung in Smartphone Sales
  • U.S. Remains `Best House' in Global Markets: UBS's Smiles