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November 27th, Gold Prices fall after Black Friday

This week, the market closed on gold at $1756 on the 24th and 25th, with a drop in price shortly thereafter due to increased consumer spending on Black Friday.  Additionally, increased rates of Covid-19 and the Government’s attempt to deal with their slumping economy has had a mild effect on the price of gold as confidence in the US Dollar increased.

Elevated Precious Metal Prices Continue, Sellers Should Choose Buyers Carefully

Gold and silver remain near recent highs as uncertainty across financial markets keeps demand strong. For many people, this has created an opportunity to turn old jewelry, broken pieces, or estate items into cash. At the same time, heavy selling activity has caused delays and capacity issues throughout the industry. Some buyers are being cautious, […]

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