Jewelry Sales Languishing ; Gold's High Price Means Fewer Buyers for Larger Pieces Such As Chains and Bracelets, Retailers Say.
Dayton Daily News › June 08, 2010
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Summary
DAYTON -- High gold prices are putting the squeeze on local jewelry retailers.
Gold closed Tuesday, June 1, at a two-week high of 1,226.90 an ounce, just a few dollars below the record price of $1,243.10 on May 12. The soaring costs have slowed gold jewelry sales.See the full content of this document
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Jewelry Sales Languishing ; Gold's High Price Means Fewer Buyers for Larger Pieces Such As Chains and Bracelets, Retailers Say.
Phil Thruston, owner of International Diamond Jewelers, 5949 Far Hills Ave., estimates that jew...
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