[Jewelry making - Article 01063] - Re: [Orchid] Jewelry in the 80s

[dean gordon]

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Hi Susannah,

    After the gold rush of the early eighties, gold set to a level of
    right around $325.00 per oz. This average gold price stayed for over
    20 years. It went up and it went down $25 or $30 but stayed right in
    this general area. 

    Gold is a commodity like everything else. As prices go up, gold goes
    up. Prices in the last three to five years have pushed gold to $435 -
    $450 per oz. This past year prices around us have gone up leaps and
    bounds - housing, gas - you name it. Gold also has to seek a common
    level. My suggestion is to buy it when you need it. Price your items
    accordingly and don't worry about the public not buying. Every
    business that sells gold, in one shape or another, will also be
    selling it at the market rate - not just you. The price of gold is
    not going to slow customers from buying. 

Dean Gordon

GOLDesigner Ltd.
Gold casting svcs.
http://www.goldesigner.com
941-286-GOLD

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