If you’ve been watching the price of gold or silver lately—or even just shopping for jewelry—you’ve probably noticed something: the cost of precious metals is way up. As someone who works with sterling silver and gemstones every day, I feel it acutely. What used to be a manageable materials bill now makes me pause, recalculate, and sometimes reevaluate designs altogether. But why is this happening? And what does it mean for you, the buyer, or for all of us who love jewelry and what it represents?

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