The Top Gold Jewelry Trends to Know
Gold is one of the most valuable and popular metals in the world which means that it is particularly sensitive to not only changing market trends, but also changes in fashion. Although gold is always a classic, universal choice for jewelry, its popularity is often impacted by current trends, both with pricing and fashion. Here are two of the biggest trends we?ve noticed recently:
Gold Prices Are Going Down
Since gold is a tradable commodity, its prices are driven by the market?s conditions. Today, gold is used for jewelry, electronics, and even as currency. There are also multiple factors that impact the price of gold, such as the demands a particular industry might place on the gold supply, whether or not people are interested in buying or selling gold at the time, and how strong the United States dollar is. We have noticed that gold prices had been particularly high for most of the year. However, according to Forbes Magazine, gold had reached its peak price in 2016 in the third quarter, but it had been declining in the fourth quarter, especially on Election Day, which occurred on November 8th. What this means for you is that you?ll probably find that many of the gold jewelry pieces you?ve been admiring have also gone down in price. We like to use kitco.com to keep track of gold prices.
Yellow Gold is Back in Style
In its pure state, gold is too soft to be formed into jewelry, which means that it needs to be mixed with other metals in order to strengthen it. Depending on the metal that it is mixed with, gold jewelry can be found in different colors, such as white, yellow, and rose. Gold is also rated according to karats, which helps determine how much of a percentage of gold is in the mixture. For example, fourteen karat gold usually has around 58% gold and the rest is a mix of other elements and eighteen karat gold is 75% gold and 25% other metals. Over the years, different gold colors have fallen in and out of style. Lately, we have been noticing that yellow gold jewelry has been increasing in popularity. Yellow gold is a mixture of gold, silver, and copper. So, 14 karat gold contains around 58% gold, and then equal parts of silver and copper. At Joseph Gann Jewelers, we?ve had a lot of people visit the store looking for yellow gold necklaces, earrings, and jewelry sets. We have a variety of pieces in 14 karat yellow gold. Click here to view our selection. When shopping for gold jewelry, it is a good idea to know what the current trends are. For instance, now that gold prices are cheaper than they have been, this could result in some cost savings. Not only that, but yellow gold is back in style for fashion jewelry, which makes a classic choice.