SeekingAlpha.com commented this week on the price of gold and the anticipation of gold prices increasing.
It is expected that gold will see the $780-810 range. Gold investors are hoping to see gold stabilize at that rate for long-term growth.
On Friday, gold reached $800.
As the fiscal stimulus continues, inflation has little room to go lower. Quoting the research house GFMS Ltd, “Dollar demand for gold reached an all-time quarterly record of $32 billion US in the third quarter of 2008. Tonnage demand was also 18% higher than a year earlier.”
Investment demand contributed most greatly to overall demand for the quarter, including gold ETFS, bars and coins. Retail demand for gold rose 121% with bar and coin buying in Swiss, German and US markets. France became an investor in gold for the first time in almost thirty years.
Gold jewelry demand surged as the Indian wedding season approaches (India is the largest gold jewelry consumer in the world).
At Cash4Gold, we will be paying attention to the daily gold prices and to the gold market, in general. We want to offer our customers the best prices for your old or broken gold jewelry. Cut out the middleman and visit Cash4Gold to see the prices we pay for your old gold! Sell your gold for cash today!
Showing posts with label old gold jewelry. Show all posts
Showing posts with label old gold jewelry. Show all posts
Tuesday, November 25, 2008
Tuesday, November 4, 2008
Indian Gold Sees 125% rise in Cash for Gold...
Indian jewelers are surprisingly upbeat this year, as gold sales have seen an increase of 125% during the festive season of Diwali, compared to last year at this time.
According to LiveMint.com, Mumbai Jewelers are looking forward to positive sales during the actual Diwali week.
According to the Chairman of The All India Gems and Jewellery Trade Federation, Ashok Minawala, international gold bullion lost 17% in October - “its biggest decline since February 1983”. He went on to add “gold has offered double digit returns in the current decade when all other asset classes are turning into the red”.
There was an initial 47% decline in gold business in the first 6 months of the year, but with the recent surge, deficits have already been compensated. It is estimated that 60 tons of gold have been sold in the last 25 days.
The physical shortage of gold bullion has happened worldwide, as financial institutions are forced to sell the physical gold in order to back the paper they hold.
Due to demand for physical gold, gold prices are still at highs! Get Cash4Gold today! We accept old and dated jewelry as well as scrap gold and gold coins. We are the refiner, and pass savings on to you – the customer! Visit Cash4Gold for more information!
According to LiveMint.com, Mumbai Jewelers are looking forward to positive sales during the actual Diwali week.
According to the Chairman of The All India Gems and Jewellery Trade Federation, Ashok Minawala, international gold bullion lost 17% in October - “its biggest decline since February 1983”. He went on to add “gold has offered double digit returns in the current decade when all other asset classes are turning into the red”.
There was an initial 47% decline in gold business in the first 6 months of the year, but with the recent surge, deficits have already been compensated. It is estimated that 60 tons of gold have been sold in the last 25 days.
The physical shortage of gold bullion has happened worldwide, as financial institutions are forced to sell the physical gold in order to back the paper they hold.
Due to demand for physical gold, gold prices are still at highs! Get Cash4Gold today! We accept old and dated jewelry as well as scrap gold and gold coins. We are the refiner, and pass savings on to you – the customer! Visit Cash4Gold for more information!
Wednesday, October 15, 2008
Cash4Gold: World’s Largest Gold Party
There has been even more news this week about the rising popularity of gold parties. The new gold parties serve more of the wine and cheese crowd, versus that of the typical pawnshop.
Are you looking to host a gold party? If so, you will need a jeweler’s magnifying loupe that is able to test the authenticity of real gold, and you will need to be able to determine what quality….However, you would be surprised at the vast amounts of gold are held by friends and neighbors, including gold coins, old gold jewelry that is no longer in fashion, and even dentures….
If you aren’t interested in the hassle of hosting a gold party, send your gold to Cash4Gold! Immediately turn your old gold into Cash4Gold!
Click here to read about the Cash4Gold Refer A Friend program – make selling gold a profitable venture!!
Gold prices are steadily rising. Take advantage of the current gold prices, and sell your gold!! Check out our site at www.Cash4Gold.com, and click here to learn how you can earn Cash4Gold easily!!
Tuesday, October 7, 2008
Host a Gold Party: Sell Your Gold
Hank Steuver of The Washington Post published an article this week about the growing trend surrounding gold parties.
Gold parties have taken on a new tone in the turbulent economic conditions today. Much like the Pampered Chef and Tupperware parties of the past, gold parties have enabled regular customers to turn their old or broken jewelry into cash on the spot.
While the new parties are serving wine, martinins and appetizers, potential customers are bringing gold coins, gold chains, dentures, watches and bracelets. Whether out-of-fashion or an item that has lost emotional appeal, the parties are attracting men and women alike.
The article’s sources claim “everyone has a little gold they don’t know what to do with”, from wedding bands of bad marriages or “door-knocker” earrings that are no longer in style. The gold parties result in a check for the average person of about $300.
Work directly with the refinery and avoid fees!!!! Check out our site at www.cash4gold.com to see the prices we pay for old or broken jewelry! We have an affiliate program that offers you payments if you want to host your own gold party!!
Gold parties have taken on a new tone in the turbulent economic conditions today. Much like the Pampered Chef and Tupperware parties of the past, gold parties have enabled regular customers to turn their old or broken jewelry into cash on the spot.
While the new parties are serving wine, martinins and appetizers, potential customers are bringing gold coins, gold chains, dentures, watches and bracelets. Whether out-of-fashion or an item that has lost emotional appeal, the parties are attracting men and women alike.
The article’s sources claim “everyone has a little gold they don’t know what to do with”, from wedding bands of bad marriages or “door-knocker” earrings that are no longer in style. The gold parties result in a check for the average person of about $300.
Work directly with the refinery and avoid fees!!!! Check out our site at www.cash4gold.com to see the prices we pay for old or broken jewelry! We have an affiliate program that offers you payments if you want to host your own gold party!!
Monday, September 29, 2008
One-Man Gold Mine
The LA Times’ Peter King wrote a story this week about Perry Cottingham, a one-man gold mine operation that has operated for the past thirty years.
A former stock car racer, Cottingham owns his gold mining operation in the Sierra mountains, outside Sacramento and near Fresno. He headed to the hills after purchasing a metal detector in the 70s, and finding $22,000 with it. After that, he headed to the hills and bought a property with an old gold mine on it. Cottingham’s family had a history of gold mining, and he went to work immediately.
Cottingham has sold “a substantial amount” of his gold throughout the last year. He has sold most of the gold from $910-$1,000 an ounce over the last year’s rise. He continues to pay attention to the daily gold prices as they again hover at the $1,000 mark.
"…Gold is always worth something," he said. "You can never go wrong with it. You just have to be willing to wait for the price to go up before you sell it off. What they call this catastrophe actually has been good for gold and oil and commodities."
Perry Cottingham, L.A. Times article by Peter King
Mining has apparently turned up over $13 million in gold in California in the past year.
Are you interested in selling your old or unwanted gold? Cash4Gold is here to buy! Visit our website at www.cash4gold.com to see information about the prices we pay!
A former stock car racer, Cottingham owns his gold mining operation in the Sierra mountains, outside Sacramento and near Fresno. He headed to the hills after purchasing a metal detector in the 70s, and finding $22,000 with it. After that, he headed to the hills and bought a property with an old gold mine on it. Cottingham’s family had a history of gold mining, and he went to work immediately.
Cottingham has sold “a substantial amount” of his gold throughout the last year. He has sold most of the gold from $910-$1,000 an ounce over the last year’s rise. He continues to pay attention to the daily gold prices as they again hover at the $1,000 mark.
"…Gold is always worth something," he said. "You can never go wrong with it. You just have to be willing to wait for the price to go up before you sell it off. What they call this catastrophe actually has been good for gold and oil and commodities."
Perry Cottingham, L.A. Times article by Peter King
Mining has apparently turned up over $13 million in gold in California in the past year.
Are you interested in selling your old or unwanted gold? Cash4Gold is here to buy! Visit our website at www.cash4gold.com to see information about the prices we pay!
Sunday, September 28, 2008
Cash4Gold.com - Soaring in Uncertain Times
The U.S. Economy and the bailout plan have been hot topics in the international investment market. As uncertainty has gained momentum, gold prices have been soaring.
As the U.S. government deals with the housing and credit crises, international concern has escalated. This has been the worst financial situation since the Great Depression. The comparisons between our current economic scenario and the 1930s have one consistent – gold. Gold as we have always heard is a hedge against inflation and has remained a safe haven in these uncertain times. Gold is expected to continue to benefit, as the international banking system attempts to stabilize.
Gold prices are at all-time highs!!! This is the perfect time to get cash for your old gold and broken jewelry. Cash4Gold buys gold, platinum, and silver. Visit www.cash4gold.com to see the prices we pay for your gold jewelry!
As the U.S. government deals with the housing and credit crises, international concern has escalated. This has been the worst financial situation since the Great Depression. The comparisons between our current economic scenario and the 1930s have one consistent – gold. Gold as we have always heard is a hedge against inflation and has remained a safe haven in these uncertain times. Gold is expected to continue to benefit, as the international banking system attempts to stabilize.
Gold prices are at all-time highs!!! This is the perfect time to get cash for your old gold and broken jewelry. Cash4Gold buys gold, platinum, and silver. Visit www.cash4gold.com to see the prices we pay for your gold jewelry!
Wednesday, September 24, 2008
Indian Gold Demand Increase Price?
The Indian wedding season is coming up, and we will soon see a surge in demand for gold.
Indians have a special affinity for gold that is not deterred by the current pricing. However, many are asking the question of whether its better to buy now, or wait until the U.S. financial crisis calms down.
From October to January, and again from April to May is the Indian wedding season. Traditionally, gold is given to Indian brides, as it is representative of times when a woman’s jewelry was the only commodity of worth that a woman had. Brides are married with thick gold chains as part of their bridal dressing that represents security. India, the world’s largest gold consumer at about 30 percent, imports quite a bit of gold for over 10 million marriages a year.
Gold is a great asset right now. Get top dollar for your old or broken gold jewelry! Visit www.cash4gold.com to see the prices we pay for your old gold.
Indians have a special affinity for gold that is not deterred by the current pricing. However, many are asking the question of whether its better to buy now, or wait until the U.S. financial crisis calms down.
From October to January, and again from April to May is the Indian wedding season. Traditionally, gold is given to Indian brides, as it is representative of times when a woman’s jewelry was the only commodity of worth that a woman had. Brides are married with thick gold chains as part of their bridal dressing that represents security. India, the world’s largest gold consumer at about 30 percent, imports quite a bit of gold for over 10 million marriages a year.
Gold is a great asset right now. Get top dollar for your old or broken gold jewelry! Visit www.cash4gold.com to see the prices we pay for your old gold.
Wednesday, September 17, 2008
GOLD BUSINESS CARDS FOR SALE…
A new business card has been introduced that is due to set a new gold standard for business….if you’re brave enough to carry it….
Mitsubishi Materials has released The Mitsubishi Materials Fine gold card, a custom business card made from real gold. Sold through the Japan Trend Shop, those wishing for this prestigious token can send their regular business card in, and it is transformed into a business card made of pure gold.
The cards come in full color, and are made of 1 gram of fine gold. The cost of each card is $179.00. These unique cards take 2-4 weeks to create and return to the buyer, and they come in a wooden display box. The cards are in full color on both the front and the back.
This latest venture is further proof of the gold trends that have been popping up as the metal has gained popularity due to its increasing value.
Sell your old gold and get something new!! Are you looking to get rid your old or broken jewelry? Visit www.cash4gold.com for more information about selling your gold!
Mitsubishi Materials has released The Mitsubishi Materials Fine gold card, a custom business card made from real gold. Sold through the Japan Trend Shop, those wishing for this prestigious token can send their regular business card in, and it is transformed into a business card made of pure gold.
The cards come in full color, and are made of 1 gram of fine gold. The cost of each card is $179.00. These unique cards take 2-4 weeks to create and return to the buyer, and they come in a wooden display box. The cards are in full color on both the front and the back.
This latest venture is further proof of the gold trends that have been popping up as the metal has gained popularity due to its increasing value.
Sell your old gold and get something new!! Are you looking to get rid your old or broken jewelry? Visit www.cash4gold.com for more information about selling your gold!
Tuesday, September 9, 2008
How to Clean Your Gold Jewelry
If you aren’t interested in selling your old gold jewelry or scrap gold yet, give it a tune-up! Gold does not tarnish but does get dirty. The great thing about real gold is that it is easily cleaned and restored to its original beauty.
1) Make sure that the sink is closed and sealed if you choose not to use a separate bowl. Occasionally, smaller jewelry can get caught in or around the drain. You don’t want to see your gold jewelry sucked down!
2) Add water and a few drops of dishwashing detergent to the bowl or sink.
3) Allow the gold jewelry to soak for about 2 minutes.
4) Use an old toothbrush to gently scrub the dirt from the gold jewelry.
5) Rinse the jewelry thoroughly.
6) Dry the jewelry with a soft cloth.
Some people choose to use ammonia in cleaning their gold – use with caution or it can leave your jewelry damaged. A 1 to 10 ammonia to water ratio is your safest combination if you choose to use ammonia in your cleaning. Make sure to rinse thoroughly if you choose to do so.
There are also special cloths that you can buy that are designated for precious metal jewelry – most can be found at drug stores.
If you ARE interested in getting rid of your old gold or broken jewelry, sell your gold to Cash4Gold! Visit our website at www.cash4gold.com for more information about our company and our process.
1) Make sure that the sink is closed and sealed if you choose not to use a separate bowl. Occasionally, smaller jewelry can get caught in or around the drain. You don’t want to see your gold jewelry sucked down!
2) Add water and a few drops of dishwashing detergent to the bowl or sink.
3) Allow the gold jewelry to soak for about 2 minutes.
4) Use an old toothbrush to gently scrub the dirt from the gold jewelry.
5) Rinse the jewelry thoroughly.
6) Dry the jewelry with a soft cloth.
Some people choose to use ammonia in cleaning their gold – use with caution or it can leave your jewelry damaged. A 1 to 10 ammonia to water ratio is your safest combination if you choose to use ammonia in your cleaning. Make sure to rinse thoroughly if you choose to do so.
There are also special cloths that you can buy that are designated for precious metal jewelry – most can be found at drug stores.
If you ARE interested in getting rid of your old gold or broken jewelry, sell your gold to Cash4Gold! Visit our website at www.cash4gold.com for more information about our company and our process.
Monday, August 25, 2008
Olympic Gold - What's It Worth?
As the Olympics have ended, many have asked what metals make up the Olympic medals…..
Up until 1912, the Olympic Gold medals were made of solid gold. No longer the case.
The gold, silver and bronze medals are 2.5 inches wide and .12 inches thick.
Since 1912, the gold and silver medals awarded are actually made up of mostly silver. The gold medal is coated with approximately a quarter of an ounce of 24kt gold.
The bronze medal also contains trace amounts of silver, but is composed of mostly copper, zinc and tin.
The 2008 Beijing Olympic medals have an image of Nike, the goddess of victory, on its obverse, and the Beijing Olympic emblem – inlaid with jade - on the reverse.
According to current gold values, the Olympic gold medals have a worth of about $300…….
Why not turn your old scrap gold or old gold jewelry into cash??? Visit www.cash4gold.com to see the prices we pay for your jewelry.
Up until 1912, the Olympic Gold medals were made of solid gold. No longer the case.
The gold, silver and bronze medals are 2.5 inches wide and .12 inches thick.
Since 1912, the gold and silver medals awarded are actually made up of mostly silver. The gold medal is coated with approximately a quarter of an ounce of 24kt gold.
The bronze medal also contains trace amounts of silver, but is composed of mostly copper, zinc and tin.
The 2008 Beijing Olympic medals have an image of Nike, the goddess of victory, on its obverse, and the Beijing Olympic emblem – inlaid with jade - on the reverse.
According to current gold values, the Olympic gold medals have a worth of about $300…….
Why not turn your old scrap gold or old gold jewelry into cash??? Visit www.cash4gold.com to see the prices we pay for your jewelry.
Monday, July 21, 2008
Soaring Gold Prices Lead to Energy Consolidation: Barrick Gold to Pay Cash For Cadence
Late last week, Bloomberg’s Rob Delaney reported that Barrick Gold, the largest producer of gold in the world, has put in a higher offer to buy Cadence Energy Ltd.
Cadence, an energy and oil company based in Toronto, Canada, would provide Barrick with oil, allowing the company to save about 25% in related costs.
The offer from Barrick has been raised to $410 million in cash, which breaks down to $6.75 per share of Cadence stock. The original offer was for $6 per share.
The updated offer comes on the news that Daylight Resources Trust, another Canadian firm, had put in competing bids for Cadence. Daylight Resources still has the opportunity to match the Barrick offer.
As a result of the bidding war, Cadence’s stock rose to $6.76 a share on July 17th.
As gold companies deal with rising oil costs, they are taking advantage of the high pay-out costs for gold and are attempting to re-route those profits to save into other energy initiatives.
Are you keeping up with current gold prices? Check out our website at www.cash4gold.com to see the premium prices we pay for your old gold jewelry!
Cadence, an energy and oil company based in Toronto, Canada, would provide Barrick with oil, allowing the company to save about 25% in related costs.
The offer from Barrick has been raised to $410 million in cash, which breaks down to $6.75 per share of Cadence stock. The original offer was for $6 per share.
The updated offer comes on the news that Daylight Resources Trust, another Canadian firm, had put in competing bids for Cadence. Daylight Resources still has the opportunity to match the Barrick offer.
As a result of the bidding war, Cadence’s stock rose to $6.76 a share on July 17th.
As gold companies deal with rising oil costs, they are taking advantage of the high pay-out costs for gold and are attempting to re-route those profits to save into other energy initiatives.
Are you keeping up with current gold prices? Check out our website at www.cash4gold.com to see the premium prices we pay for your old gold jewelry!
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