The gold spot price is close to a 1 year low (as of May 5, 2013) but gold jewelry is not necessarily more affordable NOW then it was a year ago.
Nowadays I put some real thought and time into purchasing any gold jewelry that twinkles for my eyes only.
- I only buy what I love – Frankly, buying gold jewelry now requires a major outlay of cash. Don’t allow a persuasive jeweler to push a glitzy bauble on you when you’re only feeling lukewarm about wearing it.
- I never forget about junk fashion jewelry-which is usually hot, new, trendy and okay to get tired of wearing after a month.
- I buy just what I can afford – there is nothing wrong with small gold stud earrings and thin stack rings. Small gold jewelry items are ALWAYS fashionable.
- I try to discern what I’m buying – Find out if that piece of gold jewelry is solid, an electroform design, gold over silver or gold over resin. I especially try to learn more when I see a trendy trinket with a 'big gold' look.
If that bright yellow sunny color makes you very happy and you need a new fix, it makes some sense to occasionally save money for a small gold coin instead of ONLY buying gold jewelry.