due To the fact that the gold on world markets from January to June has increased in price by 32%, the price of jewelry will rise to an appropriate level and then gradually as sales range, which were purchased on the old rates.
for Example, a wedding ring since the beginning of year has risen by 5% in comparison with December.
In may, the cost of an ounce of gold rose to its highest 2012 level. As of June 29, gold price is 1 778 USD US. In mid-March, the Troy ounce was worth less than 1 500 USD.
Analysts believe that the rise in prices of gold jewellery by a third could bring down demand to a minimum, considering that after the introduction of quarantine measures buyers and so reluctantly bought jewelry.
