Repricing Merchandise Along with Gold Fluctuations
Note that the Gold Factor takes some effort to set up
and maintain. Though it can be used by anyone it was
envisioned for use by high gold content jewelry wholesalers.
Shopkeeper has something called a 'gold factor' which is almost
like the weight of pure gold and a separate labor price box
which represents the fixed selling price of the labor and
stones - which don't vary with the gold price.
I.e. the price of a very intricate design or something with a
4C diamond won't vary much with the price of gold and so it's
gold factor would be quite small in comparison to the fixed
E.g. a ring with 10g of 18K gold with some small stones could be
entered with a gold factor of 7.5 and a labor price of $300.
This factor doesn't have to be pure gold content, but it's
probably the easiest way of considering it. You might adjust it
a bit such that a 10K ring of 10g instead of being 4.17 might be
0.5 to represent a bit of value to the alloy that also tracks
gold's movements a bit.
if you reprice gold factor merchandise at a selling price
of $35 per "factor" you'd reprice it at 7.5 x 35 + $300 = 563
If gold rises to $45 per factor it'd be 7.5 x 45 + 300 = $638
Note that the merchandise that you use the gold factor on does
NOT need to be based on the weight in Shopkeeper (and shouldn't be)
To reprice such merchandise choose 2,8 for Reprice Inventory and
choose Recalculate Gold Factor Items' Cost or Price. This will
NOT touch items that don't have a gold factor value entered.