This specific gem group is red
And usually has a brownish tint
It’s derived from the Greek word “fiery”
This concludes your Wednesday hint!
Check back Monday to see this gemstone’s identity! Don’t forget to leave all your guesses in the comments section below.
Even 18K gold, with its 6 parts of another metal, gives jewelers the opportunity to play around with color.
It sounds like the price of gold is fluctuating today after reaching a record high of $1,030 per ounce. Rising prices have encouraged some people to dig through their jewelry boxes for gold pieces that are broken and for jewelry they don’t think they’ll wear anymore. Why? Because they can sell the jewelry for a nice price to people who’ll melt it down and re-use it. But there’s a misconception. Your jewelry is probably not 24K gold — pure gold — maybe it’s 10K, 14K or 18K. Each one of those gold alloys contains a different percentage of actual gold, and the less gold that’s in the metal mix, the less you’ll receive when you sell it for scrap. Even though you won’t receive $1,000+ per ounce, maybe it’s not a bad time to unload those old pieces if you’re absolutely sure they are of no value to you anymore, and if you don’t want to gamble on gold going higher (or lower).
It will be interesting to see how jewelers react to the price increase. Will they raise the prices of gold jewelry that’s already in-stock in their stores, jewelry they bought at a much lower wholesale price? Or will they re-price gold items to reflect the price they think they’ll pay when it’s time to re-order? There seem to be mixed opinions among retailers who’ve responded to reporters questions about that, but retail prices will probably depend on how long gold continues to stay at record levels. What do you think is fair?
About Gold
How Much Gold is in Your Jewelry?
How to Change the Color of Gold
Gold Filled Definiton
Photo © Justin Sullivan / Getty Images
