jeweler

The jeweler’s substantial price hike in late October and a roughly 3% decline in gold prices since then should provide the company with a buffer, they say.

Online jewelers reported strong demand for gold, it added.

And if you think these stolen goods find their way into some kind of underground exchange, think again: Experts say there’s a chance they’re for sale at your local jeweler.

Sunday’s theft follows a rash of gold-related thefts across Europe over the past couple of years, a spree jewelers link to the climbing price of gold on the commodities markets.

Amid the legal skirmishing, news of the indictment was a relief to the victim jewelers, at least eight of whom are based in L.A.