Selling jewellery by the gram is an abomination.
Nope. just another unit of measure. Personally, I kind of wish
everything just went Metric, including the gold market. Everything in
grams, kilos, etc. Things would be simpler for everyone.
By the way, there’s some justification for selling gold by the gram.
The practice seems most prevalant with chains, much of which come
from Italy. And last I checked, the Italians sell their chains in
bulk by the kilo or gram, so retailers doing the same are simply
keeping the same units for their sales as were used when the bought
the stuff. Logical enough, and maybe simplifies book keeping.
Now, with the prices of gold and platinum these days, perhaps we
should just sell all jewelry, stones and metal both, by the carat.
“The diamond is a carat in weight priced at 1500 per carat, and this
ring mounting weighs 50 carats (10 grams), and is priced at 16
dollars per carat…” Pricing gold and platinum by the carat instead
of by the gram would bring the unit price back down to what people
might remember from when gold was in the mid 300s per ounce… That
might make them not think they were paying so much, and the large
number of units (carats instead of grams) might make them think they
were getting OH So Much More for their money… (grin. But don’t
laugh. Somewhere in Orchidland, there might be someone reading this
going “hey, an idea…” )