2023 is off to an excellent start for the jewelry industry in Canada, with customers opting for various types of precious metals and gems. Gold, diamond and silver jewelry are popular choices, each with unique qualities and styles.

Gold jewelry has always been a staple in the jewelry market, with yellow gold being the most popular type. It is the most preferred type of jewellery, symbolizing wealth, luxury, and class. People opt for yellow gold due to its timeless and traditional look, making it a safe choice for those who prefer classic styles. Yellow gold is often used to produce pendants, earrings, bracelets, and necklaces. So, whether you are after bridal sets or everyday wear, there’s much that gold has to offer.

Diamond jewellery is also popular, with customers opting for diamond stud earrings, pendants, and engagement rings. A survey conducted by the Alberta Diamond Exchange found that diamond sales have increased by 15% in the first quarter of 2023. This sales rise is significantly higher compared to the same period in 2022. Moreover, the same survey shows that people opted for diamond jewellery as their preferred choice in 2023. This increase in sales is attributed to the high demand for engagement rings and wedding bands. Furthermore, it found that Alberta’s most popular type of diamond jewellery is solitaire diamonds, followed by halo diamonds and pave diamonds. Other popular types of diamond jewellery include pave diamonds, small diamonds set close together to create a sparkling effect, and halo diamonds, which feature a central diamond surrounded by smaller diamonds.

This is no surprise since the love for diamond jewelry can be attributed to its timeless glamour and glitz, along with its evergreen versatility, making it a great gift for all occasions. The brilliance and fire of a diamond make it a popular choice for those looking to add a touch of sparkle to their jewellery collection. So, whether it’s an engagement ring or showing some self-love, a diamond ring is a top choice for women and men too! 

Silver jewellery is another popular option that is set to make a statement this year, particularly for those who prefer a more contemporary look. Silver is often used to produce minimalistic and dainty jewelry, such as necklaces, bracelets, and earrings. Its affordability and versatility make it a great choice for jewellery lovers wanting to add a touch of elegance to their jewelry collection without breaking the bank.


Jewellery is one of the most popular items in the world. It can be found in every home, worn by people of all ages and used for different purposes. The history of jewellery dates back thousands of years, from ancient civilizations to modern times. 

2023 shows a growing trend towards more personal and meaningful jewelry, with jewellery lovers opting for custom-made pieces with sentimental value. This can include hand-stamped name necklaces, birthstone jewelry, and personal initials on bracelets. These types of jewelry make great gifts and serve as a sentimental keepsakes for the recipient.

Are you looking for fine jewellery, branded couture pieces or diamond Jewellers in Canada for a special occasion? At Punjab Jewellers, we provide our clients with only the best selection of jewellery in the market. Get in touch with us today to book an appointment!