Mejuri, a jeweler that built a following among young women with pieces worn by the

By: WSJmarkets

Published: 2026-10-05T03:49:09.101182Z

Last Updated: 2026-10-05T03:49:09.101185Z

Category: Money

Mejuri, which built a loyal following among younger shoppers and gained visibility through celebrity wearers including Taylor Swift, is confronting higher costs for the precious metal at the heart of many of its designs.

• The surge in gold prices is squeezing margins across the jewelry industry, raising production expenses for brands that rely heavily on gold pieces.

• Mejuri’s popularity has been driven by its direct-to-consumer model, accessible luxury positioning and strong social media presence.

• Higher costs could force the company to raise prices, adjust product designs or accept slimmer profits as it seeks to maintain demand.

• Consumers are also feeling the impact, with gold jewelry becoming more expensive even as shoppers remain interested in everyday, investment-oriented pieces.

• The pressure reflects a broader challenge for retailers: balancing volatile commodity prices with customers’ expectations for affordability and consistent quality.

Mejuri’s experience underscores how movements in global markets can quickly reach fashion and lifestyle brands, including those that have built their reputations on making luxury feel attainable.