Price of gold rising?

posted 3 years ago in Rings
Post # 3
Member
515 posts
Busy bee

@sherryberry:  i know that the price of gold dropped dramatically about a month ago so it is possible that it is starting to rise. I got my ring from James Allen, which reflects the gold market price, and the price of their rings hasn’t risen since I bought mine. Maybe the seller is increasing the price as demand goes up? Or maybe the gem and/or diamond market has increased?

Post # 4
Member
1157 posts
Bumble bee
  • Wedding: June 2014

Oh I hope the price of gold is rising. We have investment gold that we need to sell to pay for the wedding. 

My dad is so mad still that he didn’t sell it when it went up to $1900/oz, he decided that he would wait until it hit $2000 and then it never did. 

Post # 5
Member
4 posts
Wannabee

Totally random question, but since we’re on the topic of gold prices.. do you ladies know where I can find a reliable current price/oz? And, should I expect to get that price at pawn shops or is it customary that they mark it up some %? I’ve googled it and found a ton of sites but I’m generally skeptical about gem/metal prices I find online. I have several gold chains/pieces from my grandmother that I have been considering selling but I want to be informed before I head to a gold buyer. If anyone has had experience in this area I’d love ot hear your thoughts. Thanks!

Post # 6
Member
1312 posts
Bumble bee
  • Wedding: June 2012

I noticed LOGR prices going up also as I am searching for a setting for RHR. For the difference in the quality of diamonds used by the time you pay to upgrade them, I am just going to have it made locally, I do believe.

Post # 8
Member
515 posts
Busy bee

@JWhite:  you will not get that price at pawn shops…their goal is to make a quick buck and they will offer you less than half of what your gold is worth. some jewelry stores will buy gold but your best bet is to shop around to get the best price and not go with the first offer.

Post # 9
Member
13005 posts
Honey Beekeeper
  • Wedding: June 2011

@JWhite:  Also keep in mind that most jewlery in the US is not pure 24k, it’d likely 10, 14, 18 so if your piece is say 1oz and 14k, then it’s something like 14/24, or 58% gold assuming the metals it’s mixed with is the same weight as gold.

Post # 12
Member
749 posts
Busy bee
  • Wedding: September 2014

@JWhite:  kitco has an app I got on my phone but also online 

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