World’s largest jeweler jumps as CEO says firm wants to pivot from silver
- Pandora shares rose as much as 7% after it said it would reduce its reliance on silver.
- Silver prices have soared over the past year, currently trading around $80 an ounce.
- CEO Berta de Pablos-Barbier told CNBC that moving to a platinum-plated material and expanding its portfolio was going to allow the company to keep profit margins high.
https://www.cnbc.com/2026/02/05/pandora-stock-pndora-silver-price-jeweler-platinum.html
I’m sorry, you’ll notice that his puff hit piece on silver doesn’t mention how much silver pandora used last year…jewelry is easy for substituion, but show me an article wear a cell phone maker is not using silver now because of the price increase….or a solar manufacturer, or a defense contractor, or an EV car battery maker….you get the point, right?