Home / Knowledge / News / Fashion / Strategy to reduce cost of wedding bands
Strategy to reduce cost of wedding bands
29
Jan '08
As gold prices rise to historic levels, the prospect of buying wedding rings may seem daunting.

What's a couple to do?:
Ecological jeweler greenKarat offers a strategy to reduce the cost of wedding bands.

Its myKarat program recycles broken and unused jewelry given by family and friends. Couples receive store credit for the gold.

With the cost of an average wedding swelling to $20,000, the savings will be welcome news to a couple on a tight budget.

"When you think about it," says greenKarat's Matthew White "giving the couple an unused class ring or a broken chain is an easy way to help out. With gold topping $900 an ounce, it adds up quickly."

Couples can recycle just their own pieces, or enroll in the myKarat Registry to gather more. Friends and family visit the online registry to pledge their gold.

Instead of buying the couple a toaster, they can help them create the wedding rings of their dreams. And they don't even have to open their wallets.

The collected gold itself can be used to make the new rings, a service not offered by most jewelers. Says White: "There's a sentimental bonus in knowing that your rings are made with gold given by your loved ones, or with gold from Grandma's heirloom ring. That makes the wedding rings a potent symbol of the family's support for the marriage, too."

greenKarat


Must ReadView All

Trump signs revised free trade agreement with S Korea

Textiles | On 25th Sep 2018

Trump signs revised free trade agreement with S Korea

President Donald Trump signed a revised free trade agreement with...

'India can take up lack of capacity in US, China markets'

Textiles | On 25th Sep 2018

'India can take up lack of capacity in US, China markets'

India can now take up the lack of capacity in the US and Chinese...

Indonesian textile industry targets exports of $14 bn

Apparel/Garments | On 25th Sep 2018

Indonesian textile industry targets exports of $14 bn

With a January-July 2018 exports figure of $7.74 billion, the...

Interviews View All

Anavila Misra, Anavila Collection

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Neel Sawhney, One Friday

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Dharmendra Shah, Ozone PB Spintex Limited

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

John Kelley,

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Ravi Raj Desai,

Ravi Raj Desai

Himalaya Cotton Yarn Ltd manufactures high quality denier. The spinning...

Vikas Banduke,

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Dr. Rene Wollert, Freudenberg Nonwovens

Dr. Rene Wollert
Freudenberg Nonwovens

Dr. Rene Wollert discusses the current scenario of the global nonwovens...

Robin Grankvist, OrganoClick AB

Robin Grankvist
OrganoClick AB

Robin Grankvist talks about PFCs, additives and various chemicals used in...

S Ziya Gumuser, Teknomelt

S Ziya Gumuser
Teknomelt

Turkish nonwoven manufacturer Teknomelt has been around for only seven...

Anisha Chaudhari, Threads & Shirts

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Mike Hoffman, Gildan Activewear SRL

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Madhu Jain, Madhu Jain

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


October 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search