Recent lower prices in gold have increased demand in the Eastern markets for gold jewelry. Jewelry is a universal beauty and celebrated by every culture on earth. Gold with its universal appeal is cherished for its many versatile properties. When gold jewelry is made in a few common purities. 10k is one of the most popular and durable but also the least pure at 41.7%. 14k jewelry is very popular in America while a majority of Italian gold is 18k. 22k gold is very popular in India & China even has 24k gold.
Gold took a sharp rise on Friday, October 2nd with the release of worse than expected jobs numbers from the government. While the expectation was not much better it is another reflection of an overall weakening world economy. Looking for more news on Gold? Kitco.com is an excellent resource for gold & precious news.
Now is also an excellent time to sell your gold. Looking for the best prices on your gold jewelry and gold coins? Check out SellGoldAsheville.com. They have the best rates in Western North Carolina when buying or selling American Gold Eagles, South African Krugerrands & UK Sovereigns.