The Los Angeles Jewelry District is renowned for wholesale prices on precious gems, watches and all types of fine jewelry. You as a consumer can take advantage of savings ranging from 50 to 70 percent by purchasing from the source and cutting out the middleman.

According to the Los Angeles Convention Center and Visitor's Bureau, it is the largest jewelry district in the United States. The annual reported sales from the Jewelry District is just under $3 billion. It comprises close to 5,000 businesses, with vendors on Hill Street, Olive Street, and Broadway between 5th and 8th Streets. Shoppers can find designer jewelry, precious stones, and gold and silver items at street level as well as in some of the jewelers found in the Los Angeles Jewelry Mart, Pacific Center, the California Jewelry Mart, and the International Jewelry Center also known as the "550" building.