Last week gold broke $1,000 an ounce. Gold, on average, maintains its value over time. If you bought a dollar’s worth of gold 200 years ago, after adjusting for inflation, it would be worth $1.07 today. Because of inflation, a dollar today would only have had the buying power of about 7 cents back then! 

If you’re in the market for a quality piece of gold jewelry this could impact your buying power. One of the best ways to comparison shop and get a great deal is on the internet. Online jewelers can offer deeply discounted prices because they don’t have the overhead you find at the mall. That expensive mall rent is passed on to you in the price of the jewelry.

This entry was posted on Tuesday, March 25th, 2008 at 3:56 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.