Gold Prices Prompt Jewelry Sell-Offs - Luxist
With the prices of gold flirting with the $1,000 mark, more and more people are starting to look at their old jewelry and see serious dollars signs. The Wall Street Journal's Ann Zimmerman recently went on an odyssey to sell back some of her old jewelry.
She found that gold refiners, wholesalers and jewelers have found that more people are wanting to cash out their jewelry lately because of the dual-pronged hit of rising gold prices and a slumping economy. Even some jewelry stores,suffering from economic pressures, are selling their old stock to refiners.
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She found that gold refiners, wholesalers and jewelers have found that more people are wanting to cash out their jewelry lately because of the dual-pronged hit of rising gold prices and a slumping economy. Even some jewelry stores,suffering from economic pressures, are selling their old stock to refiners.
Read Full Story

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