Here’s the thing about the soaring cost of gold – it’s making the price of costume pieces rise, too. Gold (and silver) plating have escalated in price, and those increases get passed along to the end consumer.

And thus we have this tender but tough Fenton pearl and gold metal spiked bracelet. Don’t know if the pearls are freshwater or faux; the description at Barneys doesn’t specify. Price is USD $750.