People Rushing in to stores to sell gold as prices rise!
With gold at an all-time high in many currencies, jewelers and Gold/Silver buyers are swamped with customers looking to cash in, said one store owner who reports a 40% uptick in business this summer.
When we have price spikes like this summer, people are very busy with customers coming in to sell their gold coins and bullion because the price of gold has skyrocketed. What people are getting for their precious metals now versus a year ago is substantially higher,
Gold prices began the year below $1,350 an ounce, slowly climbing above $1,350 by the end of May, followed by a rally to $1,400 an ounce in July and then above the $1,500 an ounce in August.
The surge in prices triggered a business boom for man gold & silver buyers, some reporting 40% more customers coming into stores and trying to sell their gold & silver coins versus the same period a year ago.
For the last three years, gold has remained dormant. Now, business is almost double. We are not hearing that people are waiting for a better price. Anything yellow we are seeing being sold.
Sellers Beware, while there are many fair precious metal buyers there are also many unscrupulous players in the industry. Do your research, check out sites and resources like CashforCoins.net for accurate gold & silver prices so you are prepared. Online buyers like CashforCoins.net often represent the best opportunity for sellers to get the highest prices as the payout are higher due to efficiencies and cost savings associated with traditional retail. Their payouts for gold & silver coins and bullion are also aligned with real-time spot prices of precious metals. Thus they are not quoting based on a fictitious or outdates pricing numbers.
| Inherited some old coins how do I know what they are worth and sell them » »Categories:
Tags Cloud:
people rush to sell gold and silver coins selling gold and silver coins selling gold coins selling silver coins silver coin values value of gold and silve coins
