High price of gold

[kaycountrygal]

Great idea!! I recently took some odds and ends to a jeweler in nearby town also and was stunned when he said $720 for my assortment. This was in Dec 2011 and price was $1616 oz that day; it's gone up since then. I did not sell and havent yet. I'm waiting for the price to go even higher. I also plan to check with a couple more jewelers in the area before I eventually sell.

I did get an internet site from him that I check out each day to see what the price is.
I hope this shows up right. The site is: http://mobile.nwtmint.com/

Kay in NC

[smokey the elder]

It doesn't take much to get to 1/3 or 1/2 a troy ounce. I think it's best to go to a jeweler, and am glad you had success selling your old gold.

[pomtzu]

It doesn't take much to get to 1/3 or 1/2 a troy ounce. I think it's best to go to a jeweler, and am glad you had success selling your old gold.

Depends on the carat weight of the piece. A 10K piece has a lot less gold than an 18K piece. I had a mixture of 10 & 14, so I was pleased with the amount I received for it. I was going to hold off, but with my luck, prices would start to drop again. My father was in watch and jewelry repair, and I can remember him complaining when gold was $75 per ounce!