Price check: Time to reassess your valuables

| July 3, 2012

(Money Magazine) — With commodity prices still rising — both gold and silver have notched sizable gains this year — your precious possessions may be due for an insurance upgrade. A 14-karat-gold necklace that cost $750 to replace five years ago, for example, now runs $1,100, says Robert Aretz, president of Gem Appraisers & Consultants.