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Bulgari Gold Succumbs to Ceramics With Jewelry Hostage to Bubble

Bulgari Gold Succumbs to Ceramics With Jewelry Hostage
At Dwarkadas Chandumal Jewelers in Mumbai the walls are festooned with bridal sets, necklaces and earrings that contain as much as 100 grams of the metal and command 230,000 rupees or more. Photographer: Kuni Takahashi/Bloomberg

In June, Bill Doddridge flew his single-engine Cessna 400 to Twentynine Palms Airport near California’s Mojave Desert and headed for an abandoned mine, a .45-caliber pistol on his belt. He was looking for gold.

The firearm was to ward off rattlesnakes. The precious metal would be a sideline to his jewelry business. He sifted through dirt, climbed into shafts, and later bought the property, shuttered since World War II.

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