I think it’s good to question your pricing formula.
What I have noticed with the larger companies over here, that deal
in precious metal products, is that they base their daily price on
the current price of the metal.
For example: an Albert clasp may be $5.50 today, but may be $7.20
The price of the labour hasn’t changed, the price of marketing
hasn’t changed, the only thing that has changed is the price of the
Kindest regards Charles A.