| tart --> | | | | Australia and a good deal in England, 14 carat and |
| As I write gold is worth about $630 US an ounce. | | | | 18 carat which is used in the USA and Europe. |
| Since August 2005 the price of gold has risen | | | | Let's have a look at the factors that are |
| from $447 US which represents a whopping 43% | | | | important to the price of your jewellery. If your |
| increase. | | | | gold jewellery is made from nine carat yellow gold |
| So yes, your jewellery must be worth a little | | | | then it only has 37.5 percent gold in it, if it is 14 |
| more if it is made of gold. Silver too has increased | | | | carat then it only has 58.5 percent real gold in it. |
| a good deal. | | | | Now understand that an average ladies ring might |
| However, don't forget that the gold in your | | | | have 2.5 grams of gold in it and at current retail |
| jewellery is made from an alloy of gold. That | | | | rates that gold content might be worth say, $30 |
| means that other, usually less costly metals, are | | | | per gram. So if gold went up a further 50% then |
| mixed in with the pure gold to make its carat. | | | | the gold in your ring won't go up 50% because it |
| Chinese people like to buy jewellery made from | | | | is an alloy and not pure gold, and there is only a |
| 24 carat gold and some folks from the Arabic | | | | small bit of gold in the ring so your $600 ring |
| counties prefer 22 carat gold, but the rest of the | | | | might be worth another $30 or so. |
| world likes 9 carat which is the most used in | | | | |