The price of Gold and Silver fluctuates daily on the stock market. So it’s not surprising that as the price of gold and silver increase, so to does the price of the jewellery wire made from these resources. Some stockists will keep their prices the same until they replenish their stock; others change it regularly to reflect the market changes.

 

Another thing to look out for, when buying gold filled wire, is that if the price seems a little cheap, check the karat quality of the jewllwey wire; it may be less than you expect. Gold filled wire is available in 10k, 12k and 14k. The higher the karat, the more gold content and this too will affect the price. It is a personal choice which one you prefer.

 

My advice is to shop around for the best price. If you have a project that requires quite a bit of wire, ask for a bulk discount. Keep an eye on the postage costs and remember that some suppliers will charge a handling fee on top of the postage charges.

 

If you are buying your jewellery wire from overseas, remember to factor in the current exchange rate – it can make a big difference to the overall cost of the wire. Also if you buy from overseas, you may have to pay GST on it when it lands in Australia and goes through customs. This will depend on the value of the wire and whether or not you are a registered business etc. So check out your countries regulations before buying large quantities of jewellery wire overseas.