An American firm specialized in manufacturing gold and jewelry, has presented gold items of “karat one” in order to stimulate sales in the shadow of rising of gold prices over the last few years.
The American firm took that step after the decision of the Federal Trade Committee to permit retailers in the USA to offer their customers more of gold items for suitable prices to overcome the ongoing rising in gold prices.
The Federal Committee did permit trading of gold items of less than 10 karat in US markets.
The new guidance attempts to make US jewelry industry more competitive with countries such as Brittan which trade gold items of 9 karat and Germany which trades gold items of 8 karat.
The American form has issued a statement, published on its official website, that said that gold of one karat will be one of the most important international criteria.
The statement stressed that karat one will be the new caliber in the international markets.
The firm’s statement added that using “karat one” to produce bigger gold items enable customers to buy these items for prices go with purchasing ability, especially with trading poor pieces of jewelry made from alternative materials and sold for lower prices.
The statement of the firm pointed out that the decision of the Federal Trade Committee to trade karats lessen that 10 karat, puts gold on the front another time and sustains its popularity again and lower prices of items to restore the days when sales of gold items were higher than books.
The statement revealed that gold items of karat one is a real gold of lower value that packed with a thick layer of gold to keep color and appearance.
Gold items of karat one” are lesser than 14 karat by 80-90% compared with 14 karat gold items.
Translated by Ahmed Moamar
Follow the latest news on Google News
