Gold Price had Roller Coaster Year (2014)

It does not happen often and since 1998 the price of gold is likely to fall for 2nd year in a row. At beginning of 2014, Gold was around $1,201 an ounce and it will be trading below that mark by the end of year. At time of publishing this article gold is trading around $1185 an ounce, which is below from where it started.

The good sign is U.S economy is strengthening and analysts are seeing this as the reason for fall in gold price. At one point in 2014 gold was near $1400 an ounce so it was not a flat year but price fluctuation happened often and we term it as Roller Coaster.

It has not been very bad year for gold when we compare it with 2013 when we saw around 28% decline in gold price. It was a sharp decline and that to first time since beginning its bull run in 2000.

Going by predictions for next year they are coming in as mixed ones, most of them saying it will stay flat or have modest gain. Predictions are even going round that gold will have dramatic fall, possibly fall even lower than $1000 an ounce. We will wait and watch and keep you all updated.

Happy Gold Buying.


Precious Metals

Precious Metals have been used to create beautiful pieces of jewelry that makes a perfect gift for you and your loved ones. But have you ever thought about what precious metals makes them so precious that we love to keep them with us forever? Let’s take a look.

White gold:

White gold is a sought after precious metal for engagement rings, both due to its beauty and because it is a less expensive alternative to platinum. This precious metal is beloved for its gleaming white finish that makes diamonds truly dazzle. White gold is the most popular precious metal for engagement ring settings because it beautifully complements the shiny white sparkle of a centre diamond. White gold is available up to 21 karats. Most engagement rings are 14k or 18k. This gorgeous precious metal looks lovely against any colored gemstones. White gold bridal jewelry is increasingly popular now a day.


Yellow Gold:

Yellow Gold is known for its beauty and versatility, gold is the classic setting for most jewelry. Unlike some metals, gold retains a beautiful luster. The ‘original’ gold, and many still feel the best, is yellow gold, normally an alloy including silver, copper and zinc to strengthen the metal and enhance the yellow sheen. It is the metal of choice of traditionalists, by people preferring the warmer color with their skin tone, and for its contrast with precious stones and other metals. Gold is historically the most popular choice for wedding bands and other jewelry.


Rose Gold:-

Rose gold, also known as pink or red gold, was very popular in Russia at the beginning of the 19th Century. It is a gold and copper alloy that is increasing in popularity now as well and is commonly used for rings, pendants and bracelets amongst other jewelry pieces. The difference between red, rose, and pink gold is the copper content. With higher copper content, the red coloration grows stronger. Pink gold has the least amount of copper and subsequently the lowest amount of coloration in the gold; this is followed by rose gold and then red gold with the highest copper content. The most common karat of rose gold is 14k, but it can go up to 22k which is also known as crown gold.


The everlasting popularity of platinum is due to its purity, color, strength and prestige. As gorgeous as platinum is, it’s not all about looks. Many of us veer towards this metal because of its hardness and resistance to tarnishing, making it a practical and glamorous metal for everyday jewelry. Platinum is a great choice for engagement rings and wedding bands as well because it won’t change its color or fade. Its incredible density and weight make it more durable than other metals and provides assurance in value. Platinum holds precious stones firmly and securely. But, platinum does not wear away and decrease its volume, unlike other metals. Over time, platinum develops a natural patina that many people prefer over a higher polished appearance. Platinum is the rarest and most expensive of the popular precious metals.