Gold price | <b>Gold</b> 'Apple Watch Edition' could <b>cost</b> $1,200, industry insiders say |
- <b>Gold</b> 'Apple Watch Edition' could <b>cost</b> $1,200, industry insiders say
- Silver and <b>Gold Prices</b>: The <b>Gold Price</b> Closed Down at $1,229.90
- High-End 18-Karat <b>Gold</b> Apple Watch Could <b>Cost</b> Up to $1,200 <b>...</b>
| <b>Gold</b> 'Apple Watch Edition' could <b>cost</b> $1,200, industry insiders say Posted: 12 Sep 2014 05:06 PM PDT As Apple only announced an entry-level $349 price tier for its upcoming Apple Watch, speculation continues to run rampant, with the latest report claiming high-end gold models could sell for $1,200 when they launch next year.  The Apple Watch reveal took up a good portion of Tuesday's iPhone 6 keynote, but Apple opted not to disclose comprehensive final pricing ahead of an early-2015 rollout. According to jewelers, however, the 18-karat Apple Watch Edition versions could run $1,200, reports TechCrunch. Unnamed jewelers offered the estimate based on dimensions taken from a set of design specs supposedly leaked last week. The price is not set in stone, as questions remain as to whether Apple Watch is made of gold or comes gold plated. Jewelers said it would be favorable to use solid gold alloy of some kind. Further, watch expert Chad Rickicki estimates an 18-karat gold version would cost Apple around $600 to craft, not including internal components or markup. At this point, however, tacking a price on the high-end Apple Watch Edition is largely guesswork, as Apple's behind-the-scenes deals, internal component costs and other details vital to making accurate estimates are unknown. Also a wild card are the margins Apple is looking to hit with the device. When it debuts next year, Apple Watch will be offered in three "collections." The "Apple Watch Sport" lineup is thought to be the entry-level version as it comes made from aluminum and lacks an expensive sapphire cover glass. On the other end of the spectrum is the "Apple Watch Edition," which comes with sapphire glass screen and is available in "strengthened" yellow or rose gold options. Sitting between the two extremes is "Apple Watch," which also boasts sapphire glass, but swaps out gold for a polished stainless steel body.  | ||||||||||||||||||||||
| Silver and <b>Gold Prices</b>: The <b>Gold Price</b> Closed Down at $1,229.90 Posted: 12 Sep 2014 05:03 PM PDT
 3 Day Gold Price Chart 
Aurum et argentum comparenda sunt -- -- Gold and silver must be bought. - Franklin Sanders, The Moneychanger © 2014, The Moneychanger. May not be republished in any form, including electronically, without our express permission. To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold's primary trend is up, targeting at least $3,130.00; silver's primary is up targeting 16:1 gold/silver ratio or $195.66; stocks' primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold or 18 ounces of silver. or 18 ounces of silver. US $ and US$-denominated assets, primary trend down; real estate bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use these commentaries to trade futures contracts. I don't intend them for that or write them with that short term trading outlook. I write them for long-term investors in physical metals. Take them as entertainment, but not as a timing service for futures. NOR do I recommend investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or another may go up in smoke. Unless you can breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading futures options or other leveraged paper gold and silver products. These are not for the inexperienced. NOR do I recommend buying gold and silver on margin or with debt. What DO I recommend? Physical gold and silver coins and bars in your own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose. | ||||||||||||||||||||||
| High-End 18-Karat <b>Gold</b> Apple Watch Could <b>Cost</b> Up to $1,200 <b>...</b> Posted: 12 Sep 2014 03:18 PM PDT The Edition version of Apple's 18-karat gold Apple Watch could cost around $1,200, reports TechCrunch. The site consulted with "jewelers familiar with the material" Apple uses for the Apple Watch Edition, basing an estimate on the size and weight of the device. 18-karat yellow gold Apple Watch Edition with Red Modern Buckle band Any predictions on possible cost for the gold Apple Watch at this point are fairly rough estimates, as the exact dimensions of the device remain unknown. It is also unclear whether the Apple Watch is gold plated or solid gold alloy. According to Apple's site, the 18-karat gold used in the Apple Watch Edition has been crafted by the company's metallurgists to be "twice as hard as standard gold." It also comes with a polished sapphire crystal display and rumors have suggested the gold watches will come in special boxes that can also be used for charging. Early iWatch rumors from KGI Securities Analyst Ming-Chi Kuo suggested the wearable device would come in an array of colors and styles, with some of them costing several thousand dollars. Depending on the pricing of the Edition watches, Kuo's prediction may not be far off. While Apple is aiming for the luxury market with the Apple Watch Edition line, the company is also planning to offer the Apple Watch in several other lower-priced configurations. The Apple Watch Sport, for example, does away with sapphire in favor of an Ion-X glass display and a lightweight aluminum casing, making it much more affordable. According to Apple, its line of watches will start at $349 and will begin shipping in early 2015. |
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