afmetalsmith (![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
afmetalsmith) wrote2009-11-06 10:45 pm
afmetalsmith) wrote2009-11-06 10:45 pm
Gold: Ouch!
Gold is now almost $1100US/troy ounce. Owie! Just for comparison, the very first time I bought gold I paid $373/ozt. for it. :)
J, my husband who keeps up with the finacial news more than I do, says it's likely to hit $1500. Double owie!
So: if you are thinking about getting something gold, now would probably be a better time than later.
And if you are contemplating commissioning something from me, now is defimnitely a good time; I just finished another commission, and am proceeding well with the rest, so I have some slots for new ones.
I'll just mention that once you put down the deposit and I buy the gold, the cost of the metal is locked in; no matter how pricey gold gets between my purchase of the metal for your piece and when your piece is done, the price doesn't go up. (That's partly why I need the deposit- to buy the metal! and once it's bought, of course, the cost is fixed.)
J, my husband who keeps up with the finacial news more than I do, says it's likely to hit $1500. Double owie!
So: if you are thinking about getting something gold, now would probably be a better time than later.
And if you are contemplating commissioning something from me, now is defimnitely a good time; I just finished another commission, and am proceeding well with the rest, so I have some slots for new ones.
I'll just mention that once you put down the deposit and I buy the gold, the cost of the metal is locked in; no matter how pricey gold gets between my purchase of the metal for your piece and when your piece is done, the price doesn't go up. (That's partly why I need the deposit- to buy the metal! and once it's bought, of course, the cost is fixed.)