Professional Jeweler Archive: Metals Prices Weaken

November 2000

Precious Metals & Bench/Data & Statistics


Metals Prices Weaken

Consumers will look for bargains as commodity prices fall


Gold

1999 2000

Gold commodity prices drifted slightly lower to an average $270 per ounce in fall, meaning good prices for gold jewelry in time for Christmas sales.

Platinum

1999 2000

Prices for platinum fell below $600 per ounce but remained higher than in the first half of the year. Stress its enduring quality and value in your sales efforts.

Silver

1999 2000

Silver prices, like those of gold, continue in a general malaise, dipping just below $5 per ounce at press time.

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