Clothes and Accessories Get the Midas Touch
(March 15, 2007)
Gold is this year's trendy color. Gold buttons are being used on pea jackets and trench coats, gold chain bags and belt buckles are all the rage, and gold-toned clothes and other small items with a touch of gold are now prominent. Gold is even replacing silver, a longstanding favorite, as the metal of choice for earrings, rings, pendants, and other accessories. The world of fashion appears to be on the brink of a gold rush.
From Street to High Fashion
Seemingly in step with this trend, Dolce & Gabbana, Fendi, Yves Saint Laurent, and a number of other haute-couture designers featured an abundance of gold in their 2006 fall & winter and 2007 spring & summer collections, focusing further interest on the metal. Most of the gold items, such as gold metallic dresses, satin gold tight-fitting suits, and blousons with gold zippers, were not ostentatious or showy but radiated a modern, futuristic, and powerful feel.
Gold and Economic Expansion
The current boom in gold coincides with a long period of growth, but another factor is that people are tired of the informality of the longstanding retro style and loose-fitting layered clothes and are ready for something new. And some believe that the growing desire for a new fashion has the potential to serve as a stimulus for further growth.
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