Slowly, but surely, gold is rising back to its peak of $1889.70 per ounce, and some technology manufacturers are taking advantage of the lower prices by using the precious metal in their products. We've rounded up five of the mot outrageous examples for your viewing enjoyment. Continue reading to see them all.
5. 24K Gold Nike Sneakers
That's right, the "INDULGENCES NO. 5", designed by Kenneth Courtney, are the world's first 24K gold Nike sneakers. They're limited to just five pairs worldwide and don't yet have a price attached to them yet, but expect to shell out at least five figures to own one of these golden gems. You know what they say, if you have to ask how much they cost, it's probably not for you.
4. 24K Gold Vacuum
Even if you were a billionaire with a near-endless amount of money to spend, we're not quite sure why you'd purchase the $1-million GoVacuum. This isn't a joke, as GoVacuum.com will produce 100 of these vacuums, each equipped with a powered by a 10 amp motor, 14' wide cleaning nozzle, and anti-marring urethane wheels." Justin Haver, Vice President of sales and marketing at the firm, said: 'This isn't a joke, a fake product or publicity stunt as many people have thought. 'Six months ago I got up in the middle of the night to go to the bathroom and was blinded by golden light in my half-asleep daze, I thought why is there not a gold vacuum for sale?
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3. 24K Gold new iPad
Gold is expected to top $2000 an ounce by 2013, so for the wealthy, spending $5499 on Gold & Co. London's luxurious new iPad (64GB w/4G + Wi-Fi) creation may seem like a bargain. Each one of these comes in a wooden box and are individually serial numbered -- limited to just 250 per region. Mr. Amjad Ali the chief executive of Gold and Co expressed "The Gulf region is one of our biggest markets," and added "we can probably sell 250 iPads without a problem". We will be able to get this exquisite iPad 3 from Damas Jewelry in Dubai Mall next week. It will be retailed for about $4559 and will be auctioned to raise funds for local charities.
2. 24K Gold USB Drive
Though it won't help increase the melt value, this 24K gold bar USB drive will most certainly cost you a pretty penny, $870 to be exact. It comes in either 4GB or 32GB varieties. It's not the first USB memory stick in a gold bar form, but it is definitely the first one to be made from 24 karat gold that is 999.9 percent pure gold leaf.
1. 24K Gold BBQ Grill
That's right, there's a real 24K gold-plated BBQ grill that will set you back a hefty $164,000. This luxurious item was hand made by BeefEater Barbecues, and is based on their Signature Series 6 Burner SL400 model. Other features include: a wok burner, warming rack and roasting hood. Why would anyone want to make a statement with their barbecue?', you ask? Maybe because they just got bored of gold phones, gold-plated cars, have eaten enough gold-plated food and need something new to attract attention.