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 | Feb 28, 2018 | Gold, Gold & Jewelry, Gold Buying
When Juan Granda ventured into Peru’s Amazon rainforest to score another illicit load of gold, he boasted that he felt like legendary Colombian drug lord Pablo Escobar. “I’m like Pablo coming … to get the coke,” he told two co-workers in a text message in...
by PawnMaster | Dec 6, 2017 | Gold, Gold & Jewelry, Gold Buying, In The News, Industry, Precious Metals
To the right is a gold chain that GEIB received in with a melt lot. We noticed the chain, along with a few other pieces but something about this piece in particular just didn’t add up to being “RIGHT”, so we went a little further on this rope chain. For...
by PawnMaster | Sep 28, 2017 | Gold, Gold & Jewelry, Gold Buying, Refining Views
Nobody knows what the markets are going to do. They’re like an elevator; the markets are going to go up, and they’re going to go down. I keep an eye on it every day. I watch CNBC, I look at KITCO and Bullion Desk, I talk to fellow coin guys and jewelers and...
