[Jewelry making - Article 00304] - Re: [Orchid] Jewelry import start-up info

[Peter Peterson]

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    Thankyou to those people who replied to my original post. I am
    continuing to do my due dilegence here in the Philippines. 

    I was fortunate to get to talk with a local goldsmith who agreed to
    be interviewed. Among other things he told me that they buy gold and
    silver locally. It is  not imported as the Philippines has plenty of
    both. He pays 31 cents per gram Canadian (25 cents US) for gold when
    he buys for his shop. He sells the gold jewelery at 44 cent a gram
    CDN (36 cents US), plus labor costs. 

    Can anyone advise if these are good prices for Asia and/or
    competitive prices for american markets ? 

Thank you,
Peter

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