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Gold Prices Soar!
Gold prices soar! Gold prices are at an all time high, but that doesn't seem to be stopping people from buying gold, especially gold jewelry.
Gold has always been fashionable and a wise investment. Today's high gold prices simply prove the point that fashion and investment can go hand in hand.
Gold jewelry as in investment? Sure! Buy classic solid gold pieces not only for their classic styling but as an investment for their future value.
World gold prices have shot sky high and jewelry store owners have become concerned that luxury purchases, such as gold jewelry, could become unimportant to their average middle class customer. The cost of a finished piece of jewelry entails not only the gold ore itself, but the designer and labor necessary to create each piece. The big jump in gold ore pricing may increase a finished rings price by one or two hundred dollars.
With this jump in pricing, some people may opt for a smaller piece of jewelry, especially if they are buying gifts. Earrings instead of a necklace or a tie tack instead of cuff links, but buy they will. ...
... Gold jewelry is a timeless gift. It's always wanted and appreciated!
Christmas and Valentines are big selling times for gold jewelry, and wedding rings are popular year round. The rise in gold price may give some people second thoughts about buying jewelry, but engaged couples always need rings. Engaged couples will often throw caution to the wind and buy bigger, better sets as not only a symbol of their love to each other but as an investment for their future.
And gold, as prices soar, is always a good investment.
With the current economy we expect gold prices to stay high. So don't put off buying that piece, do it now, before prices escalate again
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About the Author:
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Robert Vayner is CEO/Founder of FashionPenny.com, a purveyor of
fine http://www.fashionpenny.com/gold-14k.html wholesale gold
jewelry.
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