Rise in gold prices brings rise in jewelry sales - Don Manley
Gold has become an even more precious metal over the past few months, as its price has surged upward to levels not seen since the 1980s.
The dramatic jump in value on world markets is also making its presence felt at the display counter and cash register, according to local jewelers and precious metals dealers. Most said their sales of gold jewelry and coins have also increased as worries about inflation and rising oil prices have driven the per-ounce price from $680 in mid-August to a high of almost $850, before falling back some.
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The dramatic jump in value on world markets is also making its presence felt at the display counter and cash register, according to local jewelers and precious metals dealers. Most said their sales of gold jewelry and coins have also increased as worries about inflation and rising oil prices have driven the per-ounce price from $680 in mid-August to a high of almost $850, before falling back some.
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