topic Re: QVC Getting Out of the Gold Business? in Community Chat

QVC Getting Out of the Gold Business?

fortune — Fri, 26 Aug 2016 22:13:15 GMT

It looks to me like QVC is getting out of the gold business. They have fewer and fewer shows, Eternagold is bowing out, and reviews are bad on remaining gold items. Over the years, I have purchased a lot of gold jewelry from the Q. Now, what little I've bought has fallen apart, been hollow, or poorly made. I really hate to take a chance now, because I feel they don't take pride in their gold offerings at this point. So sad.

Re: QVC Getting Out of the Gold Business?

chickenbutt — Fri, 26 Aug 2016 22:18:37 GMT

I think they've been getting out of it for some time now - at least since gold went way up a couple of years ago or more.

All I ever see is costume jewelry. That's fine and just because I am not a fan, I still know others like it. Also, most of what I've seen for gold has been stuff like an 18" chain that is about 1.5 grams of gold. That's not good.

I can only figure that they did research and it came out that costume jewelry is more in their targeted market. They have to sell whatever they can sell the most of, as tv selling is expensive.

I'm glad that I have more than enough gold at this point.

Re: QVC Getting Out of the Gold Business?

culebra — Fri, 26 Aug 2016 22:27:57 GMT

I do not think they are at all. They seem to sell stuff when they have gold days. Judith Ripka sold all of her new all 14Kt jewelry when she was on last week. I do not mean her clad stuff - her real gold jewelry. They also sold well their high end real gold. I just think it is limited due to the price of gold.

Re: QVC Getting Out of the Gold Business?

BalletBabe — Fri, 26 Aug 2016 22:30:07 GMT

I think the problem is that the price of Gold is way too high. People expect to get what they did years ago. I also noticed, that several Jewelry stores going out of business here where I live. I can understand it, but it is sad. I would just like to see more variety. I won't buy clothing or shoes. Seems most shows are that. I am shoe shopped out. I have to try shoes on , so if I do buy online, it is from a place that pays shipping both ways.

Re: QVC Getting Out of the Gold Business?

IMW — Fri, 26 Aug 2016 22:41:41 GMT

Sad but true. In Qvc's recent annual and quarterly reports they show a continuing trend of losses in jewelry and electronics.

I think they were slowly increasing gold offerings as gold stabilized at $1250 -$1300 an ounce, but gold is going up again.

I also agree with what has been discussed here some time ago:

Qvc wants a younger demographic who are not so interested in gold jewelry, they'd rather spend their money elsewhere

Many of the older crowd have our jewelry already

Many people can't afford good gold jewelry, so Qvc skimps on gram wt, finishing, gems etc. and it gets poor reviews, and is returned.

Re: QVC Getting Out of the Gold Business?

alliswell — Fri, 26 Aug 2016 23:24:45 GMT

Veronese appears to be on the way out too, I miss their shows.

Re: QVC Getting Out of the Gold Business?

DowntonAbbey — Sat, 27 Aug 2016 00:34:09 GMT

May I suggest gemporia dot com. I love everything and the prices are realy great l and and the stones are real and beautiful and they have 10kt gold which is more beautiful than our 14kt and they also have 14kt. Great shipping prices, it is an auction. I am hooked and have beautiful things. Prices for everyone from $11 to $12,000

Re: QVC Getting Out of the Gold Business?

SeaMaiden — Sat, 27 Aug 2016 00:38:27 GMT

@fortune wrote:
It looks to me like QVC is getting out of the gold business. They have fewer and fewer shows, Eternagold is bowing out, and reviews are bad on remaining gold items. Over the years, I have purchased a lot of gold jewelry from the Q. Now, what little I've bought has fallen apart, been hollow, or poorly made. I really hate to take a chance now, because I feel they don't take pride in their gold offerings at this point. So sad.

The high price of gold....and I just think the mindset of what peopke want to spend their money on has changed....jewelry is just not as popular any more.

Re: QVC Getting Out of the Gold Business?

Lucky Charm — Sat, 27 Aug 2016 01:34:22 GMT

I just bought the BEST peice of gold that I've ever purchased from QVC.

Solid gold 34+ gr. bangle and they had a great price, imho, for both gold *rushes*. The one in Jan and they offered it again at the same price last week.

If it wasn't significant enough on it's own, I would've bought a second one to stack. Doesn't need stacking.

Re: QVC Getting Out of the Gold Business?

Drythe — Sat, 27 Aug 2016 04:27:14 GMT

IMO - the Q has been out of the gold business for a good while.

Re: QVC Getting Out of the Gold Business?

deedledeedeedle — Sat, 27 Aug 2016 09:31:41 GMT

It is a very sad time for gold lovers/shoppers these days.

I joined the Q thirty some odd years ago to purchase quality yet affordable gold jewelry. NOT gold plating over SS or goldtone jewelry.

I'm 90% done, too @fortune.

Re: QVC Getting Out of the Gold Business?

Sweet_Serenity — Sat, 27 Aug 2016 10:21:55 GMT

Loved watching gold shows. I'm referring to way back in the very beginning of Qvc. Remember! Ooh glory days are long gone. Don't fault Qvc. Market has changed for several reasons. Upon hearing the news Imperial Gold closed business few years back broke my heart. Lucky to own large wheat bracelet 700.00 twenty years ago, Passing to my Granddaughter. No longer wear gold nor a lot of jewelry lifestyle has changed. With that said I'm so glad I was here when Qvc put on the Ritz. Those were something to see.

Re: QVC Getting Out of the Gold Business?

tishkins — Sat, 27 Aug 2016 12:35:21 GMT

I was wondering why the shows have seemed to disappear. I have purchased many items from this line and was very pleased with them. I am hoping it doesn't disappear

since when I wear witb my real 14k or 18k you can't tell. I will say, I have not purchased jewlery from QVC in quite a while but I still enjoy watching the shows and might purchase something if I like it. So please don't let Veronese disappear. Now regarding the fall decorating shows-where are they? Valeria is finished and we are being bombarded with Christmas items. Give me a break. How about a few shows combining cute Halloween ,Fall and Thanksgiving. I am over Christmas shows already and the summer is still here.

Re: QVC Getting Out of the Gold Business?

Lucky Charm — Sat, 27 Aug 2016 16:31:29 GMT

The Sarraf website has some nice pieces and good prices. Evince does too....sometimes.

Re: QVC Getting Out of the Gold Business?

MomCat — Sat, 27 Aug 2016 21:45:12 GMT

@Drythe wrote:

IMO - the Q has been out of the gold business for a good while.

And, so have I, and many of my friends. We all cashed in awhile back on gold pieces and have no interest in wearing any of that again. I actually prefer the look of less jewelry. Those big chunky costume jewelry necklaces do not appeal to me in the least bit.

Re: QVC Getting Out of the Gold Business?

SharkE — Sat, 27 Aug 2016 22:10:48 GMT

Probably because I quit buying gold LOL Got all I need till I kick the bucket .

Nobody to leave it too. If I have to have something usually buy it at Sam's.

do like Q's gold watches even though it's hard to find somebody that will take the back off of them . Just no place to pop the back. I found one man that can do it, but, he might move then I'll have to send them to NY

Re: QVC Getting Out of the Gold Business?

bri20 — Sat, 27 Aug 2016 22:11:26 GMT

I haven't bought gold in a long time.

I wear white metals now - so that is one reason.

Re: QVC Getting Out of the Gold Business?

Trinity11 — Sat, 27 Aug 2016 22:16:43 GMT

@Lucky Charm wrote:
I just bought the BEST peice of gold that I've ever purchased from QVC.

Solid gold 34+ gr. bangle and they had a great price, imho, for both gold *rushes*. The one in Jan and they offered it again at the same price last week.

If it wasn't significant enough on it's own, I would've bought a second one to stack. Doesn't need stacking.

I know the bangle bracelet that you are speaking of.....it is really beautiful! Wear it in good health.... I think I am tempted....