Thursday, April 24, 2008

Gold Jewelry Trends

Record setting gold prices (http://lfpress.ca/newsstand/Today/Fashion/2008/04/29/5416196-sun.html) are reminding shoppers that gold is indeed a precious metal. Yellow gold has always been popular but in the last decade sterling silver and platinum have increased in popularity. When gold hit $1,000 an ounce in March, the tide began to turn back to gold.

As gold prices come back down, gold will remain an attractive accessory. Demand for gold jewelry was up 22% in 2007 over the previous year, according to the World Gold Council.
Women buy jewelry because they love it, but there is a certain attraction due to awareness of the value of gold. Gold also gives more creativity in design because gold can be shaped and shaded in new ways. Gold has been paired with complementary stones. Golds have also been alloyed to greate black gold and rose gold in addition to yellow and white gold. Mixing precious metals has become popular again for jewelry on the heels of a similar boom in the tabletop market.

When you are tired of your old gold jewelry or it the gold becomes broken or mismatched don’t just put it in a drawer. Send your outdated old gold and gold scrap to our refiners and see what we will pay you for your gold!

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