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Have you seen similar silver jewelry sold at price difference of 2 to 3 times from different retailers? Ever wondered how retailers margin the jewelry once they have them in the venders? Here we will show you the wholesale trading strategies of silver jewelry.http://www.halpauggsverkossa.com/ ,

Price per gram The most crucial bit of information for determining the buying price of a bit of sterling silver jewelry may be the price per gram from the silver.http://www.juwelenwinkel.com/, This is actually the fundamental raw material cost of a piece of sterling silver jewelry due to the fact that silver is recognized as a precious metal.http://www.monclershop.uk.com/ , For instance, the price of silver is $9.5 per ounce, the cost per gram is dependent upon dividing the cost per ounce by 31.5, that is 30 cents. Therefore, the price for that raw material for a 5 gram wedding band ring is roughly $1.5. Some might wonder why people would pay $30 for any silver wedding ring when the silver only cost $1.5. The followings will show you the difference.

Labor cost To show raw material into finished goods, it calls for a great deal of processing cost. The metal itself needs to be melted, molded and cast, polished and assembled. Most of the times, silver jewelry is accented with assorted stones, the costs for setting the stones are also a major part of the total price for jewelry, specifically for jewelry that requires higher level of craftsmanship.

Many other materials Also, the costs for just about any additional material are added to the jewelry. For example, some silver pearl dangle earrings that has two cultural fresh water pearls with rhodium finish should cost double the cost of the silver to create due to the price of the pearl and rhodium. Observe that rhodium is even more expensive than silver itself and it is high tarnish resistant.

Shipping cost Many styles of jewelry are imported from other countries because of difference in accessibility to recycleables for example stones and also the specialties in making some particular styles. Hence the shipping price of transporting can also be area of the cost. Usually, for imported sterling silver jewelry, the shipping cost can add up to 10% of what it costs to make the jewellery themselves.

Custom Duties For the same reasons, imported jewelry incurs duties at the custom. This can be a cost that normal individuals are unaware of but it may also greatly increase the price of sterling silver jewelry for 5% to 10%.

Price fluctuations Some sterling silver jewelry trader, especially wholesaler would associate the price of the jewelry using the current silver price. Therefore, the price of a bit of sterling silver jewelry might be not the same as every month, as well as daily when it comes to wholesale.

Business Overhead As with every other business, the sales need to cover also the overhead of running the business. Normal expenses are employees?salaries, rent, utilities and breakage.

Profit Of course, the cost includes the profit for that sellers.

By understanding the above facts, you can make a lot more informed decisions when buying wholesale sterling silver jewelry and most importantly, avoid scams. There are occasions when people make fake silver jewelry and sell them in a very low price. If you know how to determine the price of a bit of silver jewelry, you won抰 buy into deals where they provide a price that is lower than the normal price of real silver jewelry.