The prices of some of the most popular gold jewellery have dropped as the price of gold rises.
It’s not all about the money, though.
There are other benefits too.
Read on to learn more.
Read more on WSJ.com:The price of a pound of gold has been on an upward trend since last year, according to the London Gold Price Index, a daily price index for the metal that tracks the price in the market for gold and silver.
This week, the price rose to $1,246 per ounce, or about $4,800 per pound.
The price for a pound sterling has been steadily declining since April 2015, when it reached a low of $1.2319 per pound, according a Bloomberg data analysis.
Gold prices rose by more than 30% between March and September 2017, according the latest figures from the U.K. Office for National Statistics.
The recent drop in gold prices has been a boon for buyers looking to sell their gold and to increase their wealth.
But some are wary of the higher prices, given that the U,S.
and China are all facing a slowdown in their economic growth.
Gold, or silver, is one of the world’s two precious metals with the other being copper.
Both are valuable in their own right and can be mined in several different ways.
The metal is mined in many countries around the world and has become one of China’s top exports.
The United States has also been importing a lot of it over the last few years.
Gold prices rose from an average of $2,200 in 2012 to $10,000 per ounce in 2016.