3 Grams 18ct White Gold. Italian 18ct White Gold chain of 42cms length, a slim “cable” type of chain, with a cute little “heart” pendant, solid and crafted in Sydney.
As of mid-2024, the price of Gold has been inexorably rising for the last three years, and in the last months the rate of rise has picked up, to the point where Gold is at an historic high price level. Simply to have an item cast today in 18ct White Gold, machine-cast from a model, costs over $120 per gram, direct from the refinery, and that is before any necessary cleaning up and polishing, and certainly before any tax, or any profit, for that matter.
Gold, therefore, is definitely becoming a luxury item. Given that the wholesale price of Italian-imported 18ct White Gold chain is presently running at well over $140 per gram, the discounted retail price of the above chain with its cute little “heart” pendant is a genuinely reasonable price.
SIX MONTHS LATER! As of December 2024, the world price of Gold is still inexorably rising!