PROVIDENCE − The price of gold had climbed to an all-time high of $4,381 per ounce when Gary Parseghian, an owner of La Salle Jewelers , climbed into bed on the night of Monday, Oct. 20.

The price fell sharply through the early slumber of the 74-year-old master jeweler.

By about 1:45 a.m. Tuesday, gold had pulled back to $4,115 per ounce , according to Reuters.

By late morning, Parseghian peered at data on a cell phone, figuring the per-ounce price had slid by $173.

"Wow," he said. "It goes up, you lose money. It goes down, God only knows."

"It's terrible," he said from his Providence business on Admiral Street, where he's worked for 17 years, "I've never seen it like this."

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