Buying gold jewelry now

[darkangel07760]

With gold prices rising, I am trying to figure out what to do. What is everyone doing about jewelry price increases? It seems that these increases are happening more and more frequently and now with tariffs, who knows what is next.
I am thinking I should buy what I can now, but I would like to hear everyone’s thoughts.

 

[papertiger]

Buy what you want and need. Don't panic buy.

If you have any broken (and not worth repairing) gold jewellery and findings, now is a good time to sell for scarp and put towards anything new.

 

[Swanky]

I don’t panic buy, ever.
Prices have been increasing for years… everyone has their own threshold. We haven’t had to adjust as there’s been no impact on items we’ve been purchasing thus far.

 

[darkangel07760]

Buy what you want and need. Don't panic buy.

If you have any broken (and not worth repairing) gold jewellery and findings, now is a good time to sell for scarp and put towards anything new.

Agreed. I have a few things I can sell that are broken and cannot be repaired.

 

[darkangel07760]

I don’t panic buy, ever.
Prices have been increasing for years… everyone has their own threshold. We haven’t had to adjust as there’s been no impact on items we’ve been purchasing thus far.

I definitely don’t want to panic buy. I am looking to see if I can squeeze in a piece or two just to have a couple less pieces to purchase at higher prices. It’s a fact of life, gold just keeps going up!

 

[BigPurseSue]

If there's a piece you're planning to buy in the next few years I would buy it now.

 

[darkangel07760]

If there's a piece you're planning to buy in the next few years I would buy it now.

That is what I am thinking. I am reviewing my wishlist and seeing if there is a piece I can buy now seeing that the price increases have been very frequent recently.

 

[Hurrem1001]

If there's a piece you're planning to buy in the next few years I would buy it now.

100% agree with this. I bought myself a 15.7 gram 14k YG bracelet just a few years back for $650. A similar style bracelet is now selling for $1,450, but the weight is only 12 grams.

 

[pureplatinum]

For me, for purely investment purposes, I would rather just buy gold itself. (Technically not jewelry but the “raw material”)… but that’s just me

 

[darkangel07760]

For me, for purely investment purposes, I would rather just buy gold itself. (Technically not jewelry but the “raw material”)… but that’s just me

I have considered this as well

 

[marie21]

Yes, same observation here. Prices keep climbing nonstop. Personally, I try to balance it: keep a few purchases for enjoyment (jewelry I actually wear) and allocate part of the budget to pure investment gold. Both approaches complement each other well.