Gold price
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04-15-2013, 07:31 PM,
#1
Gold price
Gold price totally crashed the last two business days.

Bring on the sparkles?!?!

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04-15-2013, 07:42 PM,
#2
RE: Gold price
Like almost $200!

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04-15-2013, 07:43 PM,
#3
RE: Gold price
Interesting. Not sure what caused that though, or if it will remain lower for an extended period of time, thus causing a decrease in the cost of jewelry made with gold. I hope so though!

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  • PimpMyRing
04-15-2013, 07:55 PM,
#4
RE: Gold price
I doubt it. It is like gas. Oil has dropped hugely, yet we are still paying crazy high prices when we fill up.

Joseph Schubach Jewelers
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04-15-2013, 07:56 PM,
#5
RE: Gold price
A $200 drop only gives a savings of about $3.42 per gram of gold in a ring. Not significant enough to make a difference to the consumer. Oil is bought on futures which is why gas remains high.

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04-15-2013, 08:05 PM,
#6
RE: Gold price
(04-15-2013, 07:56 PM)Sparkly Blonde Wrote: A $200 drop only gives a savings of about $3.42 per gram of gold in a ring. Not significant enough to make a difference to the consumer. Oil is bought on futures which is why gas remains high.

check you out, bringing the math!Hurn

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04-15-2013, 08:12 PM,
#7
RE: Gold price
Oh, only about $200? Well, that's something at least, but yeah, not enough to affect prices.

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04-15-2013, 08:14 PM,
#8
RE: Gold price
I don't know what futures are...but please don't tell me. I don't really care, lol. I just know gas is never going to go back down, so my next vehicle will be the Hybrid version.

Joseph Schubach Jewelers
please email jenniferc@schubach.com for quotes and inquiries
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04-15-2013, 08:16 PM,
#9
RE: Gold price
My hubby and I want to buy electric cars in the future!

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04-15-2013, 08:21 PM,
#10
RE: Gold price
(04-15-2013, 08:14 PM)jenncent Wrote: I don't know what futures are...but please don't tell me. I don't really care, lol.

Crackup I do know what futures are and I still don't care.

Sharp mind, soft belly.
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