Hey friends, this is Mike, founder of Rustic & Main. I'll start with the good news.
The Good News
If you've been hoarding gold for the last 3-6 months you should be pretty happy. The price of gold has increased 23% in the last 6 months - wow, that's pretty awesome! You should take some friends out to celebrate or maybe buy a new hoarding shovel. 😉
The Other News
If you've been busy running a handcrafted jewelry business and haven't paid attention to gold markets, and have unfortunately assumed all was well since the price of tacos has remained fairly steady during this time (which is my currency of choice) then you may need to make some adjustments in a hurry.
I fall into the second category.
Unfortunately this price increase can't be delayed as it's a raw materials cost that we have to incur.
Looking back, we should have made minor increases along the way but didn't. So, we've been steadily losing money on our products which means less tacos for everyone at Rustic & Main. This would eventually lead to an understandable mutiny and we just can't let that happen.
So, starting Monday (4/17/23) we will be raising prices on our gold rings to account for the overall increase in the price of gold.
We will also be increasing the price on our other ring styles approximately 10%.
If you're planning on purchasing a ring but haven't done so, please go ahead and make that purchase now. Yes, that means we won't make as much money as we would have, but that means more tacos for you which makes us happy.
Financing Through Affirm
If you were not aware, we have the option to purchase through Affirm on our website. You will see this option at checkout. Not everyone will qualify but if you qualify, it may make the payments for the ring much more manageable.
If you have any questions, please don't hesitate to reach out.
All the best,
Founder, Rustic & Main