The price of gold on the international exchange is increasing. On March 5, the price of an ounce of the metal reached a record high of USD 2,140, which was an increase of 15% year-on-year.
As the director of "Zarapkhana", Tornike Samkharadze, says the price of precious metal has increased in Georgia as well, although the company still maintains the price of its products.
According to him, if the price of gold continues to rise, the company will have to adjust the prices.
"The price of pure gold in Georgia has also increased accordingly, in the last week it has become more expensive by 4 GEL, which is quite a serious growth. We are not in a hurry to increase the prices, however, if this trend is maintained, we will have to adjust the prices", said the director of "Zarapkhana".
The history of Zarapkhana begins in 1939 and produces jewelry from using natural and precious metals, as well as semiprecious and un-precious stones. The company creates gold, silver and copper jewelry basing upon the best jewelry traditions.
