Why Are Heavier Gold Bars Cheaper As Compared To Gold Jewelry?

Gold Bars Stacked On Each Other
Gold Bars Stacked On Each Other

Since the dawn of history, gold has been a token of royalty across the globe! Whether you talk about the ancient kingdoms or recent trends, everything royal has a touch of gold!

The inherent beauty and scarcity of the metal have made it valued highly in phrases to represent importance and comparison.

Gold is a dearly preserved metal, as it is present on the planet only in finite abundance and cannot be expanded artificially. The scarcity and attractiveness of gold have made it an alluring asset for those looking forward to an investment.

Gold can be bought in various ways, such as gold coins, gold bars, ornaments, and showpieces. However, the most common question at the time of buying and selling gold is, why is buying gold bars cheaper than buying gold jewelry?

Well, buckle up! We are here to state a few facts that help you understand why gold bars are cheaper than gold jewelry.

Gold Bullion

 

What is the Difference between Gold Bars and Gold Jewelry?

 

Gold Bars

Gold bars are pieces of gold made up of the finest gold components, i.e. 22-24 carats of gold. One can buy gold bars if their sole purpose to buy gold is an investment.

Gold Jewelry

Gold Jewelry is wearable ornaments made up of gold. One can buy gold jewelry if one wants to adorn their investments on occasion.

 

Is Gold Bar Cheaper than Gold Jewelry?

Suppose you buy gold jewelry worth $100.00 and your friend buys a gold bar worth the same amount. Within 3 months, the price of gold increases, and you both visit a gold buyer to sell the gold investment. The gold bar will bring a better return. 

Several factors validate this difference between the cost of gold bars and gold jewelry.

Gold ingots on a white background with magnifying glass

 

Factors Affecting the Cost of Gold Bar and Gold Jewelry

 

a. Making Charges

One of the biggest reasons behind the difference between the costs of Gold bars and Gold jewelry is the making charges. Gold bars are usually made in bulk and thus have near to negligible making charges. On the other hand, a jeweler can charge from 5% to 20% of the actual price of gold, as the making charges based on the design of the jewelry.

b. Purity

Gold bars or gold biscuits are pure and can be made from 22-carat or 24-carat gold. However, jewelry made up of gold requires the mixing of other metals, such as silver, iron, nickel, cadmium, etc. Gold bars being pure do not charge too much, but the addition of alloy in the jewelry may add up to the charges of your gold jewelry.

c. Maintenance Charges  

The cost of maintenance of gold bars is comparatively less, as you can store gold bars without any worry of breakage. In jewelry, the chances of wear and tear increase if the gold jewelry is diligently made and stored carefully. Thus increasing the charges of the ornament.

d. Usability

Another reason that may affect the charges of a gold bar is its usability. One may prefer to invest in gold jewelry over gold bars, as gold jewelry can be adorned, but gold bars can only be stored as an investment.

e. Taxes

The multiple levels of tax payment upon jewelry also increase its actual price. However, gold bars are sold as raw metal across the world, so there is very little to no goods and services tax.

Gold Bars And Gold Watch Sitting On Top Of One Hundred Dollar Bills

 

What to Buy Gold Bar or Gold Jewelry?

The decision of whether to buy gold bars or gold jewelry depends on your aim of making the purchase. If your sole aim is to buy gold, I need to make an investment and earn a profit, then you should buy gold bars. However, if you are someone who wishes to wear gold as an ornament, then you should buy gold jewelry as an investment.

Wrapping Up!

Gold is a stable source of investment with a global benchmark. The price of the metal rises as the stock market falls, and thus, by investing in gold, you can ensure stability in your wealth. The demand for gold in the Indian and Chinese governments has maintained the high stakes of gold across the globe. Due to the increased stakes of gold and the stability of the metal, experts usually recommend investing in gold by buying gold from reliable gold shops. If you are yet to invest in gold bars and gold jewelry then doesn’t forget to visit the R & J Jewelry and Loan shop for your gold-buying needs.

7 Affordable Holiday Gifts for Women in 2022 that you can Buy from a Pawn Shop

holiday gift ideas for woman's ring
holiday gift ideas for woman's ring

Have you ever realized how instantly market prices increase every year as the Christmas season nears closer? The price rises so high that your gifting plans every year are enough to dig a big hole in your pocket!! Amidst the rising prices, are you stuck in deciding what to gift your female friends for Christmas? Are you suspicious if your mom will like the gift you have planned for her? Or do you want to spoil your lady with a gift just made for her? Don’t worry, we are here because you thought of an “affordable Christmas gift for women” (or something similar).

Today we will mention lovely gifts that look expensive, but can only be brought at an affordable price from the R and J Jewely and Loan pawn shop in San Jose.

And trust us, you would want to buy all of them for your special ladies!

 woman's hands crossing fingers wearing gold watch

 

7 Affordable Christmas Gifts for Women

 

Branded Watches.

Thought gifting a branded watch to your female friend (who is more than just a friend) would be like digging a hole in the pocket? Well, to your rescue, we suggest you check out some of the most beautiful vintages and branded watches for women at the R&J Best Pawn shop in San JoseThe store is full of vintage branded watches that you can gift to your love interest if she likes vintage products.

Charms Pendants

If the one receiving a gift from your end is your lovely daughter or a lady in her young age, the best gift for them would be something that can protect their innocence from the evil eye! Although the little girl may mean the world to you, you do not necessarily have to be a spendthrift for them, since we’re here.  

Try gifting her a beautiful charm pendant as a bracelet or necklace! If you are yet to decide on an affordable place to buy a charms pendant, then don’t forget to add up the R&J Jewelry shop in San Jose to your go-to list. The pawn shop in San Jose will provide you with all the affordable charms pendants for women that you may consider gifting this Christmas.

Louis Vuitton Handbags

 

Handbags

Wish to earn a few bonus points in the good books of your female colleagues? Then gifting them branded handbags can be a great idea! Wait, Branded handbags do not have to be expensive all the time! Check out these affordable branded handbags from R&J Jewelers in San Jose, before scrolling away from one of the most excellent yet affordable Christmas gift ideas for women.

Necklace

The love of your life deserves the world, and we agree with that fact. But we also want to remind you; she deserves your efforts more! You don’t have to be broke to give her the world. Just find the right necklace from the wide collection of gold and diamond necklaces at R&J Jewelry and Loan Pawn Shop in San Jose. The store is full of beautiful and unique designs, and is also available at affordable rates!

Brooches and Accessories

Repeat after us! Women are not hard to understand! Your female friends will love it if you be considerate and gift them useful items, such as brooches, and accessories, such as earrings and rings.

We promise these brooches will be all that your near and dear female friends will admire for the whole of Christmas eve! 

diamond and white gold ring

Gold and Silver Jewelry 

Gold and Silver are no doubt expensive metals, and gifting your lady love something made of these metals would mean a lot of money in general. But, the pawn shop in San Jose makes the deal easier for you by availing of one-of-a-kind gold and silver jewelry at affordable prices!

Final Words

As the holiday season closers, the market prices of literally everything rise higher and higher! If your holiday shopping has halted because you could not find valuable gifts for the precious ladies around you, then the pawn shop; R & J Jewelry and Loans has brought a smarter way out! Just check out the wide range of affordable gift items for women at the store, and buy exciting deals for the holiday season!

Wait no more! This Christmas, make every loved one feel special!

Unique Jewelry Gifts For Christmas At R&J Jewelry and Loan

Fine Jewelry
Fine Jewelry

You may be sitting around looking through Christmas ads and wondering what fine jewelry you can buy for Christmas gifts. You need something to help you come up with unique jewelry gift ideas, but you’re stuck.

What better way to surprise your special someone on Christmas morning than to give diamonds or unique gold jewelry. At R&J Jewelry and Loan, they not only have an extensive inventory of fine jewelry, but also have jewelry experts who can help you find the perfect piece.

All their luxury inventory undergoes a stringent test to ensure their inventory is genuine, so you can shop with confidence. They have a selection of white gold, sterling silver, yellow gold, rose gold, 14 through 24 Karat gold jewelry, and other cool gift ideas.

If you are looking for a great statement piece, R&J Jewelry and Loan has them.

R&J Jewelry and Loan

Why Buy Local?

Why shop at Etsy, Craigslist, a Big Box Jewelry Store, or another online marketplace when you can shop at a local service, with a team member who treats you like a friend? R&J Jewelry and Loan understands that jewelry underscores a person’s personality. For this reason, they carry silver, gold, platinum, and precious stones, so that they have the right piece for every individual’s taste.

Developing a relationship and working with a local service is always best when it comes to jewelry. Why? Because everyone’s taste is different, and knowing that the experts you are working with won’t do you wrong. Sizes change, and so do styles. Having various pieces to choose from isn’t a bad idea.

Fine Jewelry

Sterling silver, gold jewelry, earrings, rings, pendants, pearls, bracelets, gems, necklaces, and luxury watches all make gorgeous gifts.

R&J Jewelry and Loan know their diamonds, pearls, gold, silver, and precious metals. Their large collection of fine jewelry gives you different choices. They will work with you on unique and custom made jewelry gifts.

They understand that everyone has a different budget. R&J Jewelry and Loan has a full range of fine jewelry options at affordable prices. A pair of earrings from a big box store may be like someone else, but buying a pre-owned quality pair from R&J will help save your budget and be unique.

They have diamond stud earrings that can be worn everyday or on special occasions.

Gold jewelry and sterling silver make wonderful gifts. Maybe consider buying a bracelet or bangles to accent your loved one’s outfits. They have elegant necklaces, topaz pendants, dainty bracelets, and white diamonds that are sure to match what you are looking for.

Other pieces of jewelry that R&J Jewelry and Loan has in their ever-changing inventory include Rolex watches and other name brand luxury watches. They have rings with gems like aquamarine and opals. Each necklace has been tested and authenticated, and will compliment any style.

Rings crafted from 14 karat gold, turquoise, or rose gold can be found in their store.

Finding That Perfect Gift

Remember to shop early, because inventories change. If you know the jewelry gifts you must have, they may be gone if you wait too long. Some of the best jewelry gifts are those with a little sparkle. A little sparkle goes a long way.

During the holiday season, explore R&J Jewelry and Loans’ inventory for gifts your loved ones will love. If you don’t know the style you need to buy, think about the style you have seen your special someone wear. Do they prefer simple, elegant, classic, or a modern look? Wearing a piece of quality jewelry within the style of what someone prefers is a gift they won’t forget.

R&J Jewelry and Loan Logo

R&J Jewelry and Loan

The pawn shop has been a family owned and operated pawn shop since 1978. They provide personalized services and an extensive jewelry selection in various price ranges. They strive to set themselves apart from other pawn shops by offering real money for valuable personal items. Fair and reasonable offers are how they do business as a full service pawn shop. R & J Jewelry & Loan will buy your items or give you a cash loan to get you through the rough times.

They have a large selection of designer handbags, luxury watches, diamonds, gold, silver, precious metals, fine jewelry, earrings, necklaces, and other best gifts that will be the perfect gift this season.