[arthurus]

$10 a pound. If men stopped outrageously overpaying for wedding rings - the market would crash.

It would not affect the overall market for gold at all. The price of gold does not fluctuate because of the rise and fall in consumer interest in jewelry. As the gold price rises the margin on gold jewelry actually increases because people buy more of it because gold is rising and they want the gold because their money ios falling.

[ArneFufkin]

If the market for jewelry has no effect on gold, then the Gold "Market" is an illusion. There is no market. There are no buyers. It is purely speculative. Nobody is using gold to make new products of marketplace value. No thanks.