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New definition of gold jewelry karat content.
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<p>[QUOTE="myownprivy, post: 3218704, member: 84588"]I'm concerned about this because of how it could change the general public's perception of the value of gold. Gold in and of itself is basically useless (as opposed to silver and platinum which have MANY industrial uses), so the public's perception of its value is the primary reason for it having its current price. If the public accepts 2k gold jewelry as just as good as the other stuff, that makes my 24k gold bullion less valuable in the eyes of a big segment of the population. </p><p><br /></p><p>Can the investor market on its own maintain the impression of the high value of gold?[/QUOTE]</p><p><br /></p>
[QUOTE="myownprivy, post: 3218704, member: 84588"]I'm concerned about this because of how it could change the general public's perception of the value of gold. Gold in and of itself is basically useless (as opposed to silver and platinum which have MANY industrial uses), so the public's perception of its value is the primary reason for it having its current price. If the public accepts 2k gold jewelry as just as good as the other stuff, that makes my 24k gold bullion less valuable in the eyes of a big segment of the population. Can the investor market on its own maintain the impression of the high value of gold?[/QUOTE]
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New definition of gold jewelry karat content.
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