4Grams 18ct White Gold chain + Moon & Star. The 4Grams 18ct White Gold chain is imported from Italy, in a sturdy “cable” link of 1.1mm thickness; the little 18ct White Gold Moon Sliver and Star, together on the one ring, a cute little pendant of symbols of the night, created and crafted in Sydney, weighs 0.4 grams, bringing total weight to 4.4 grams.
The price of Gold is at an all-time high presently at mid 2024. The wholesale price of 18ct White Gold chain is around $140 per gram, the cost of creating its special little pendant no less per gram, excluding, of course, GST. That makes the replacement cost of the above item around $620 before GST, and makes its present discounted price very reasonable, for it represents the value of replacement cost, GST, and a very modest profit.
It is, naturally, still a costly item, even with the discount, and there is no doubt that Gold jewellery, always more or less a luxury purchase, has become more so, but there are few experts about who believe that Gold will not continue to become more costly.
AND IT HAS. As of December 2024, the world price of Gold is still increasing! This price becomes yet more reasonable.