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If you just stroll into a standard jewelry store looking for gold, markup over spot is disastrous. I've heard of people making that sort of thing on a limited
by jerf 3y ago
If you just stroll into a standard jewelry store looking for gold, markup over spot is disastrous.
I've heard of people making that sort of thing on a limited basis, but the market isn't there. There aren't enough people aware enough of the issue, and the temptation to just go ahead and charge the jewelry premium as a result is pretty overwhelming.