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Harkoliar · 06-21-2007, 03:10 AM

I really would like to thank you guys for this sort of info. I did make a calculation with the figures you have given me.

1 ounce = 28.34952 grams

The jewelry I am eyeing on is 2 grams 14ct gold pendant.

With a simple calculation, I have computed 1 gram with todays market of $650 USD an ounce, is worth $22.928 or $23 USD. Now make it two grams then it would be worth $45.86 or $46 USD. Do take note that this is 100% pure gold.

with current exchange rate, 46 usd = 55 aud. (note this is rounded up).

Now with this base value, and comparing it with the pendant I am eyeing worth 180aud. I feel absoloutly faint. I can understand tax and work needed for a custom job, but 327% difference is abit silly especially its only 14ct as well and that is not pure gold.

I really would like to thank you guys for saving me a would be mistake in jewelry. Perhaps in the future, the same pendant may come up and be worth only 100 - 130 aud. I would have bought the pendant if it was already worth 150aud but not 180aud. Sigh.

06-21-2007, 03:10 AM	#4
Harkoliar Jack Burton Join Date: March 21, 2001 Location: Philippines, but now Harbor City Sydney Age: 42 Posts: 5,556	I really would like to thank you guys for this sort of info. I did make a calculation with the figures you have given me. 1 ounce = 28.34952 grams The jewelry I am eyeing on is 2 grams 14ct gold pendant. With a simple calculation, I have computed 1 gram with todays market of $650 USD an ounce, is worth $22.928 or $23 USD. Now make it two grams then it would be worth $45.86 or $46 USD. Do take note that this is 100% pure gold. with current exchange rate, 46 usd = 55 aud. (note this is rounded up). Now with this base value, and comparing it with the pendant I am eyeing worth 180aud. I feel absoloutly faint. I can understand tax and work needed for a custom job, but 327% difference is abit silly especially its only 14ct as well and that is not pure gold. I really would like to thank you guys for saving me a would be mistake in jewelry. Perhaps in the future, the same pendant may come up and be worth only 100 - 130 aud. I would have bought the pendant if it was already worth 150aud but not 180aud. Sigh. __________________ Catch me if you can..