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Do Pawn Shops Pay a Fair Price for Gold?

If you are looking for some extra cash, jewelry is one of the most viable options. You can get a substantial amount from jewelry you have which can help you in your time of need. There are a number of ways to sell your gold, each with its own pros and cons. One such option which is always available are pawn shops.

Gold is a heavily traded item which is traded in the open market and has a varying price similar to those of currencies. An advantage of gold being a heavily traded item is the fact that at any given point of time, the price of gold is constant regardless of your location. You can reliably predict how much gold would cost you, if you were to buy it or how much you can get, if you were to sell it.  Read more

The Pros & Cons of Your Local Cash for Gold Store

the-pros-cons-of-your-local-cash-for-gold-storeYou’ve driven past the flashing “We Buy Gold” sign in your area a million times, but perhaps never even considered seeing what their services could provide for you. Then selling the old jewelry that you never even wear anymore becomes a thought but you have no idea how the process works or what to expect. Maybe you have even heard from friends and family how they were “ripped-off” by the local pawnshop, but the truth of the matter is that there are many pros and cons to your local gold buyer. Every town across America has businesses offering to buy your gold, silver, diamonds, electronics, instruments, and more; and knowing what to expect can help you earn more money.  Read more