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In this case this would be true since the price of jewelry is much stickier than the price of gold.  Thus when there is a big drop in gold prices, you can get a better deal if you buy at spot and bring it to your jeweler.  

What kind of banker? IB? Which bank?

Jewelers buy their gold at spot plus a small premium or at the price of a forward contract they previously negotiated.  The market for gold is super efficient, nobody is getting a discount on it except maybe big dealer/wholesaler/specialist who charges a spread for providing liquidity.

All your saying is that your better off haggling over the price rather than just paying the sticker price.  The jeweler isn't going to give you a better deal cuz you show up with 20k worth of gold instead of 20k in cash.  If you know how much labor costs, you can figure out how much the chain...

That mold but wit round stones instead of princess cuts. 

It's the generic mold you see everywhere, might be a little bigger you see at most places cuz mine was 100 grams most of the ones i see told day are 80 grams.  I had to sell it when I went to grad school. Bought it for 1800 (pendent) in 2005 sold it for 2700 in 2010.  I got a pretty sweet deal...

Here's some pics of my jewels from back in the day. Chain was a 14k franco 80-100 grams i forget Jesus piece was 14k just over 100 grams, with yellow diamonds

Actually it was more than 5 years, I was in college, probably like 2004-2006 when gold was 4 times cheaper than it is now.  I dont have any proof but definitely remember seeing one.  I'm sure any jeweler would do it for you if you asked.  I doubt it would be much cheaper than one with real...

I've seen one on ebay like 5 years ago going for like 1800.  Link is probably way expired by now.  

No they can't

You should probably wait.  Gold is like 44$ a gram, so like 24$ per gram for 14k even after a pretty healthy mark up you shouldn't pay more than ~45$ per gram.  I'd imagine the price of jewelry to be pretty stickly though.  You won't see jewelers drop their prices for a few months.  The longer...

He will probably continue to charge 39$ until people stop buying it or until other jewelers drop their prices.  

Let's do some analysis on The Hundreds chain Cost - $3,115,000 Specs 26,000 grams of 18k gold 16 - 1 carat VS1 Diamonds 2090 - 0.24 to.034 carat VVS1 Diamonds 13 days - Construction time  Source: http://thehundreds.com/blog/2013/04/01/the-worlds-most-expensive-chain/ Costs Highest price...

commodities market, or reserve bank, spdr gold etf, never go to a jeweler

Hedge fund money?

Can some one pm me specs and price for this cross?  Thanks[/IMG]