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Chris Botha, operations manager Palloys, says that sales of gold jewelry has remained “roughly the same, nonetheless, a notable change is a discount within the purity of gold. Higher gold costs will often see individuals opt for 9-carat and 14-carat jewellery over 18-carat. While the worth per gram for gold has elevated this has not had a negative impact on sales. It should be remembered that his comments are coming from the ‘other side of the fence’. That is, how gold jewellery production affects the worth of gold bullion quite than how the price of gold bullion affects the pricing…
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