✨ Gold Prices at Record Highs – What It Means for Jewellery ✨
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When I took ownership of Baby Jewels in February, gold was trading at $2,799 AUD per ounce. Fast forward just six months, and today gold sits at around $5,141 AUD per ounce – nearly double in price!
This dramatic increase has affected the entire jewellery industry, as the base cost of gold has risen sharply. While many jewellers have had to pass these costs directly onto customers, we’re committed to keeping our jewellery as fairly and reasonably priced as possible.
Yes, we’ve had to adjust some of our prices to reflect the reality of the gold market, but we’re also working hard to absorb part of the cost ourselves – because we value making beautiful, high-quality jewellery accessible.
One thing is certain: gold remains an excellent investment. Whether you’re purchasing jewellery as a personal treasure or as a long-term asset, you can feel confident knowing that your gold pieces are holding strong value in today’s market.
💛 Thank you for supporting us through these changing times – and for letting us continue creating jewellery that you can love for a lifetime.