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it really depends on what the DAILY current gold price IS. as a jeweler, you should know, unless you're trying to see if there are still smart people out there who won't be scammed. I've bought jewelry as a beginner so I've been there when jewelers would take more money than what the piece is actually worth. anyway, currently, after all the hype of gold price going up, down, up, down, as of today, october 4, 2008, the price of gold is at or around 850 dollars. (in my opinion, this will go up since it has always been going up) So, wholesale (minus the math) price for 84.5 is around $1,267.50. Jewelers such as yourself price it higher as usual, to make profit, pay bills, rent etc. I strongly believe though, that that is the price at wholesale, the price jewelers pay for, before selling it at higher prices for customers.

it really depends on what the DAILY current gold price IS. as a jeweler, you should know, unless you're trying to see if there are still smart people out there who won't be scammed. I've bought jewelry as a beginner so I've been there when jewelers would take more money than what the piece is actually worth. anyway, currently, after all the hype of gold price going up, down, up, down, as of today, october 4, 2008, the price of gold is at or around 850 dollars. (in my opinion, this will go up since it has always been going up) So, wholesale (minus the math) price for 84.5 is around $1,267.50. Jewelers such as yourself price it higher as usual, to make profit, pay bills, rent etc. I strongly believe though, that that is the price at wholesale, the price jewelers pay for, before selling it at higher prices for customers.

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