by PawnMaster | Aug 8, 2018 | Gold, Gold & Jewelry, Jewelry, Precious Metals, Scrap Jewelry
Most, if not all, pawn shop collect and bin their scrap jewelry and eventually send this collection off to a refiner. If you’ve dealt in scrap jewelry before, there are a couple of words that you’ve definitely heard when it’s time to send your scrap...
by PawnMaster | Jun 18, 2018 | Gold, Gold Buying
The stronger dollar dampens demand for gold by making it costlier for buyers holding other currencies, while geopolitical uncertainty fuels interest in bullion as a safe investment. Spot gold was flat at $1,278.71 an ounce at 1434 GMT, while U.S. gold futures for...
by PawnMaster | Apr 24, 2018 | Gold, Gold & Jewelry, Gold Buying, Gold Refinery, Precious Metals
Gold settled higher Tuesday, on the heels of three consecutive sessions of declines, lifting prices up from the roughly one-month low they settled at in the previous session. Gold gained as a steep decline in a benchmark U.S. stock index drove haven demand for the...
by PawnMaster | Apr 20, 2018 | Bullion, Gold, Gold Buying, Precious Metals
Gold futures notched their highest finish in a week on Wednesday but maintained the tight trading range seen over the last several sessions, as U.S. stocks struggled to hold gains and the dollar stabilized.
by PawnMaster | Apr 5, 2018 | Gold, Gold Refinery, Refining Views
“Oh that …. yeah we throw that away.” “The vacuum bags – yeah we usually just toss them.” “No we don’t really keep that stuff.” I used to hear these phrases a lot when I first got into the industry 18 years ago.
by PawnMaster | Mar 22, 2018 | Gold, Gold Refinery
U.S. Gold refinery Elemetal LLC, based in Dallas, Texas, doing business as “Elemetal” and “NTR Metals”, pled guilty today to a single-count information charging Elemetal with failure to maintain an adequate anti-money laundering program, in violation of the Bank...