Wednesday, January 9, 2008

Ethically rich

""Green gold" jewellery is a niche in a fast-growing wider market for ethical goods, ranging from day-to-day foodstuffs like tea, coffee and chocolate to designer fashions and travel.

Analysts say global sales of ethical gold jewellery are probably less than one percent of the total $56 billion gold jewellery market based on figures from London-based consultancy GFMS -- and the Fairtrade label is a year or so away.

Although the ethical product is priced at a premium and gold is at record highs, the market has been ballooning. Among a plethora of online offers are companies including one called greenKarat that argues industrial mining methods damage the land and endanger ecosystems, so recycled gold would be better for society." (Thanks D.)

Isn't "ethical gold" an oxymoron?

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