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Gold is Up – Time to Scrap!

Over the past few months we have seen gold on the rise up to $1300 an ounce which we haven’t seen in many years.  With this price rise, the Doylestown Gold Exchange has seen a large uptick in customers coming in to get rid of the unwanted jewelry or jewelry they may have inherited through an estate, and to sell gold in Bucks County.

When gold was close to $2,000 an ounce, it seemed like there was a buy gold shop popping up on every corner, but in the last 4 years it has dropped almost 50% and many of those have long gone out of business.  As in many markets when there is a decline, it weeds out the shops that may not be trustworthy, and helps to show the shops that are fair and around for the long haul.

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