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 | May 16, 2018 | Precious Metals, Refining Views
The first time I heard this, I was shocked! Then it was endless stories of pawn owner’s explaining how refiners didn’t find their platinum. So let’s talk about this elusive metal. To start, sneaking metal into your refining lot is never a good idea, especially...
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 | 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 | Nov 13, 2017 | Gold, Gold & Jewelry, Industry, Precious Metals
Gold recouped some of the previous session’s hefty losses on Monday as the U.S. dollar steadied and uncertainty over a U.S. tax reform plan stoked risk aversion, pulling equities from their recent record highs. Prices remained stuck in a narrow range, however,...