By: Jennifer Chang
This new trend has started a new hobby for women. Cash-for-Gold parties at home. Rather than mailing their gold, when it could get lost in the mail, a gold specialist comes to the home with all the proper tools to valuate the gold. With gold prices rising to more than $1000 per ounce, many people are willing to part with old jewelry that they do not even where anymore. They get quick cash, the cash-for-gold companies get more business and the women have a social gathering; a win-win for all. With gold prices at an all-time high, sellers have an excellent opportunity to get the most from their gold.
Gold is an item every person has some kind of investment in. However, with the recession, and increase in families short on cash, it has become a common practice for everyone to trade in gold for some quick bucks. Almost every channel you watch on television today has some commercial or other about trading in your old gold jewelry for cash. Many people today are digging through their jewelry boxes and drawers looking for long forgotten gold trinkets to trade for some extra cash. A middle school teacher from New Jersey, Wendy Kushner was surprised to receive as much as $180 for two gold trinkets she dug out from the back of her drawers.
This new trend has started a new hobby for women. Cash-for-Gold parties at home. Rather than mailing their gold, when it could get lost in the mail, a gold specialist comes to the home with all the proper tools to valuate the gold. With gold prices rising to more than $1000 per ounce, many people are willing to part with old jewelry that they do not even where anymore. They get quick cash, the cash-for-gold companies get more business and the women have a social gathering; a win-win for all. With gold prices at an all-time high, sellers have an excellent opportunity to get the most from their gold.
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