Information
I am happy that God has given me the ability answer many questions about gemstones and precious metals. I try to keep up with knowledge given from different sources so that I can pass them on to you. I do not know everything, but I will try my best to help you find the answers.
Frequently asked questions
I will do my best to highlight different questions that you may have. If you have certain questions that you need an answer for, I will try to answer them for you.
What is the price of Gold and Silver per ounce as of today?
As of Wednesday, August 27, 2025 the spot prices of gold and silver are as follows.
Gold $3,400.00 an ounce. Silver $39.21 an ounce.
What is gold or silver vermeil?
Gold vermeil is real gold in a liquid form that is washed over another solid metal to cover the other less expensive metal and give it a real gold covering. This makes it look like real gold jewelry because it is covered with real gold, usually 14, 18 and sometimes even 22 carat gold, but always with a lower price than real gold. The less expensive metal then becomes more expensive, but not as expensive as 100% gold. The legal amount is usually about 2 microns of gold layering.
Is Stainless Steel a good metal to use for jewelry?
Stainless Steel is used more now because of the very high prices of gold and silver. You probably associate it with cutlery in your mother or grandmother's kitchen. You are correct. Think how pretty and shiny it is and stays that way. Plus, it is incredibly strong. We have a habit of calling it silver ware because a long time ago if you were fortunate to obtain real silver cutlery when you got married you would sometimes use it. And we just adopted that title. We don't tell our children to get out the stainless steel, we tell them to get out the silver ware.
Stainless Steel jewelry is used more and more. It can really be shined and made to look a lot like platinum. Many times, a gold vermeil will be used to give it it a golden look. Do not be ashamed to buy Stainless Steel Jewelry! The pros outweigh the cons. It is shiny and pretty, it is very durable and is harder to damage, it will last almost forever. If a person did not know it was stainless steel, they would assume it was platinum.
We all love jewelry, and I am not going to stop buying it because the price of gold is totally out of sight for most regular people. Silver is going up every time gold goes up. There are ways to get what you want without going in debt!