| Gold has been pricing out over $580.00 an ounce | | | | for the holiday season. With the fluctuating prices, |
| in recent weeks. Earlier this year the price was | | | | it will be more difficult for both designers and |
| $730.00 an ounce. On May 12th, the price reached | | | | retailers this year.The gold in the stores now, was |
| a 26 year high of $732.00 an ounce. Since then, | | | | purchased prior to this recent instability of the |
| prices have dropped twenty-two percent which | | | | price. Since gold is at a high now, the gold in our |
| still leaves the price in the $580.00 an ounce | | | | stores for the holiday season will have been |
| range.Prices for gold jewelry seems to depend | | | | purchased at almost all-time high prices when the |
| more on the design value of the jewelry than the | | | | inventories must be increased for the seasonal |
| actual amount of gold contained in it. According to | | | | sales.Some retailers, including Blue Nile, an online |
| the World Gold Council, sales in the United States | | | | jeweler, is not totally passing on the higher prices |
| seem to be rising. The Council believes the US | | | | to the consumer. This creates lower profit |
| customers buy gold for adornment, not the | | | | margins for designers but make gold a better buy |
| investment value of the jewelrySince jewelers | | | | for the consumer.Shop wisely. Check prices. If |
| place their orders months in advance, it will be | | | | you can be flexible, your will find exactly what |
| interesting to see what merchandise is available | | | | you want at an affordable price. |