Most people have gold items they’ve long forgotten. For example, you might own a clasp that you once worn proudly, but has since fallen into disrepair. Or, you may own a watch that no longer keeps time properly. Fixing it might be cost-prohibitive, so it sits collecting dust in a dark recess of a dresser [...]
Some experts are calling it a “bubble.” Others are referring to it as a temporary upsurge before the inevitable downward spiral. Still others are scratching their heads and wondering what to make of it. All of them are referring to the recent spot price of gold. Over the past couple of years, it has followed [...]
When people consider selling their gold belongings, the first items that come to mind are jewelry. It’s natural. We remember these the most frequently because they’re attractive. Many of them were given as gifts; some of them once held memories that were forgotten years ago. Today, millions of people have old watches, bracelets, and rings [...]
The main purchasers of gold today are investors; while it is true that gold is much in demand to make jewelry this is secondary as high prices and poor economic conditions are deterring consumers from splurging on high-priced jewelry. The question is why are investors buying gold so heavily and especially at a time when [...]
