Go to Yincity Gold earlier than shopping for any Gold Jewellery on-line to study the reality in regards to the U.S. Gold Jewellery trade. Subscribe to get your free copy of our 2023 U.S. Gold Jewellery Pricing Research. In it, you’ll discover the knowledge no U.S. Jeweler will ever confide in the client. It should 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 comparable to Macy’s, Kay, Zales, David Yurman, and Tiffany, to call just a few.
You’ve gotten in all probability heard the prevailing fantasy that 24k Gold is simply too smooth for Jewellery. The reality is that 24k Gold shouldn’t be too smooth for Jewellery. In actual fact, 24k Gold Jewellery was and nonetheless is the usual within the Japanese 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 clients diluted, closely marked-up alloyed Gold Jewellery as a result of pure gold is extraordinarily costly (At present over $1,800 for a troy ounce of gold), Jewelers combine low-cost metals comparable to copper, nickel, and zinc with Gold to provide “Alloyed Gold which is offered to the buyer 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 constructed from low-cost Alloyed Gold it might be rusted and corroded. However Pure 24k Gold Jewellery is for Kings. It doesn’t corrode, it won’t 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 constructed 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 larger 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 completely different from right here within the U.S.
In international locations like China and India, Gold Jewellery is mostly constructed from strong 24k Gold and no decrease than 22K in purity. Gold Jewellery pricing is clear and offered primarily based on a easy components that takes under consideration:
1) The Purity And Weight Of Gold
2) Market Value Of Gold
3) A Price For Design And Labor
This criterion is widespread information 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. For those who go to your native retail, mall, or luxurious jeweler, you’ll discover the next:
1) Gold Jewellery Is Diluted And At Most 18k In Purity (Largely 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.
