Stretchrite 1/16" Gold Metallic Cord Elastic (5 yd cut) Sold in 5 yard quantities. 34% Nylon 66% Lycra Great for packages, ribbons, ties, and gift wrapping. Use it for necklaces, beading, button bracelets. Elastic can be stitiched directly to fabric or can be inserted in a casing. Use as a decorative trim.