Gold is a respected commodity throughout the world. It has been used for years to preserve, protect, and grow wealth. It has achieved this status because of its malleability, aesthetic appeal, rarity, and virtual indestructibility. For these reasons, it has evolved from an asset class owned by a few rich individuals to a precious metal owned by many.
Unless you happen to be a fairly economically secure individual—someone, for instance, with a broad range of financial investments—you’re probably not in the habit of staying up to date on the fluctuations in the gold market.
And if you don’t have a few dozen gold bullion bars stashed away in a security vault somewhere, why should you, right?
Well … that’s not necessarily the case. And here’s why: Gold has lately been trading at record highs. And if you’re like most people, you may have more access to potentially valuable gold items than you realize.
Of course, as is the case with the rest of the world’s major commodities markets, the price of gold fluctuates on a daily basis. But since 2010, the price of gold has barely dropped below $1,200 an ounce, which is roughly what it’s trading at right now.
When Gold Is Overpriced, You Might Want to Sell
At the time of this writing, gold’s price per ounce was exactly $1,192.23. At various points over the past two years, the per-ounce rate has risen as high as $1,800. For just one ounce!
If you’ve lived in the Bucks County or Montgomery County areas for any length of time, you’re probably familiar with the Best of Bucks readers’ choice contest that’s organized annually by the Bucks County Courier Times. Our local Doylestown newspaper, The Intelligencer, runs its own readers’ choice contest each year as well — it’s known as the Best of Bucks-Mont.
Every autumn, both papers list the community’s favorite businesses, products and services, and this year, Doylestown Gold Exchange & Jewelers came out on top in not one but two different categories. To say that we’re both humbled and incredibly grateful would be a huge understatement.
In The Intelligencer’s Best of Bucks-Mont poll, we were honored as “One of the Best Jewelry Stores” in the two-county region. Which isn’t bad for a shop that’s been in business for less than three years! Some of you may remember we actually won the very same honor in last year’s contest.
But much to our surprise, both papers awarded us the top prize in a brand-new category, Best Gold & Precious Metal Buyers.
Bring in your item, even if you’re unsure if you want to sell
When it comes to selling gold for cash, there are as many reasons why people decide to sell your old and broken jewelry as there are people. It might be to help ends meet, to help fund an once-in-a-lifetime trip, or simply an effort to pair-down and live more simply.
Whatever the reason may be, the fact remains that gold is one of the costliest metals on Earth, and one of the oldest measures of wealth. It has been used for various purposes but most notably it has been used as a currency. Although most people think of gold only for making jewelry products, its value as an asset is strong, and now might be the perfect time for you to sell your gold for cash.
Like many people, you may have unwanted gold and silver items that you’ve considered selling. That broken hoop earring or estate sale ring sitting in your jewelry box could be cash in your hand. We purchase everything from engagement rings to silverware. Did you know most homes have between $500 – $1000 worth of gold and precious metals? Don’t let valuable items just sit in a drawer at home. Selling your jewelry is a fast way to make extra cash when you need it most.
We are excited to announce the launch of our new YouTube series. The videos will highlight the Doylestown area and the new service offerings.
The first episode focuses on the renovations and reopening of the Doylestown Inn. It takes a look at the inn’s new restaurants, bar, rooms and conference rooms. This video also takes a look at the Central Bucks Rotary Club’s first ever Pub Walk for Charity through the historic streets of Doylestown.
As we head towards our second year in business, we feel that we are on the right track with the testimonials we have had from our customers. We thank all of our customers for there support, courtesy, and loyalty.
We began as gold and silver buyers, but since that time we have expanded our services to become a one of a kind store in the the tri-state area. We are the largest buyer of gold, silver, diamonds, and coins in Bucks County, as we offer pricing and service that other stores can’t. With a Graduate Gemologist in the family, we are able to offer all the services of a retail jeweler. We do expert jewelry repair, expert watch repair, watch batteries for $5, and we also sell fine jewelry both new and used.