Magazine article from our research archive:

Record Gold.

By William George Shuster, Senior Editor

Despite record-high gold prices and gloomy economic forecasts, jewelers and suppliers are learning to cope.

We're in a new, more expensive era for businesses and consumers.

Commodities like oil, flour, platinum, and even mushrooms are at record price levels and likely to stay there for the foreseeable future, say experts.

Gold is no exception. Its highest-ever per-troy-ounce prices are affecting the jewelry business worldwide, and inventories of last year's less-expensive gold jewelry are running out. But savvy retailers have the means to cope effectively, say industry analysts.

Since November, gold has soared to ...

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