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Gold is up to $680.10 [View All]

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Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007)

Cassandra

(1000+ posts) Send PM | Profile | Ignore

Fri May-05-06 08:12 AM
Original message

Gold is up to $680.10

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Oy!
http://kitco.com/charts/livegold.html

I was repricing my line two days ago (for the 5th time in a couple of months) and I really worry about where this is going. This is about the dollar dropping, folks! The speed of this is really scary to me. Changes of $10 or 20 a day in the gold price would have been eye-popping a couple of years ago. Just the new normal now. I'm not sure how to quote jewelry prices to my customers when the price might change while I'm discussing it with them. I adjust my prices with each $50 change in the gold price.

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