Go to Yincity Gold earlier than shopping for any Gold Jewellery on-line to study the reality concerning the U.S. Gold Jewellery trade. Subscribe to get your free copy of our 2023 U.S. Gold Jewellery Pricing Research. In it, you will see the knowledge no U.S. Jeweler will ever open up to the client. It can prevent hundreds of {dollars}! Don’t purchase any Gold Jewellery earlier than seeing the markups charged by U.S. Retail and Luxurious Jewelers.
Because the U.S. Gold Jewellery on-line market grows, U.S. shoppers are unknowingly being ripped off for billions of {dollars} yearly by U.S. Retail and Luxurious Jewelers corresponding to Macy’s, Kay, Zales, David Yurman, and Tiffany, to call a number of.
You’ve most likely heard the prevailing delusion that 24k Gold is just too smooth for Jewellery. The reality is that 24k Gold is just not too smooth for Jewellery. In truth, 24k Gold Jewellery was and nonetheless is the usual within the Jap World lengthy earlier than Gold Jewellery was offered within the U.S. The parable is promulgated by U.S. retail jewelers to allow them to maximize revenue by promoting their prospects diluted, closely marked-up alloyed Gold Jewellery as a result of pure gold is extraordinarily costly (Presently over $1,800 for a troy ounce of gold), Jewelers combine low-cost metals corresponding to copper, nickel, and zinc with Gold to supply “Alloyed Gold which is offered to the patron as extra sensible for put on and tear. Pure 24k Gold is way heavier and denser than Alloyed Gold, and whereas it’s extra malleable, it really wears higher over time.
When Gold Jewellery has been recovered from hundreds of years in the past, if it have been produced from low-cost Alloyed Gold it might be rusted and corroded. However Pure 24k Gold Jewellery is for Kings. It doesn’t corrode, it is not going to rust or tarnish, and it has an unmistakable Deep Gold, Yellowish Hue. This 24k Gold Bracelet from hundreds of years in the past offered on the Christies public sale retains its properties as a result of it’s produced from 24k Gold, not Alloyed Gold.
B.C. Greek Byzantine 24k Gold Bracelet Christies Public sale
Yincity Gold 24K Open Hyperlink Bracelet
The U.S. Jewellery trade sells diluted (10k 14k 18k) Alloyed Gold jewellery at markups 200%-300% or increased than the Jewellery’s precise Gold worth! In Asia and different elements of the world, the usual for purity in Gold Jewellery and the way in which Gold Jewellery is priced and offered is radically totally different from right here within the U.S.
In nations like China and India, Gold Jewellery is usually produced from stable 24k Gold and no decrease than 22K in purity. Gold Jewellery pricing is clear and offered based mostly on a easy system that takes into consideration:
1) The Purity And Weight Of Gold
2) Market Value Of Gold
3) A Price For Design And Labor
This criterion is widespread data to the jap client and displays the precept that Gold Jewellery is an funding in Gold, not only a trend accent. Within the U.S., nevertheless, Jewelers maximize revenue on the client’s expense by being un-transparent. In the event you go to your native retail, mall, or luxurious jeweler, you will see the next:
1) Gold Jewellery Is Diluted And At Most 18k In Purity (Principally 10k & 14k)
2) Jewelers Don’t Disclose The Weight Of The Jewellery
3) Jewelers Wonʼt Disclose How Jewellery Is Priced Or Their Markup
Yincity Gold Produces The Highest High quality 24k Gold Jewellery at Financial savings of 200%-300% Or Extra When In contrast To U.S. Retail And Luxurious Model Jewelers.
