Special Event in San Diego for Showcasing and Buying Jewelry and Gold

Click Ad For Directions

This week, from the 8^th through the 11^th, Golden Treasures Jewelers in Solana Beach will be hosting a Special Buying Event for scrap gold and jewelry. The specialized team of gemologists will also have a fully equipped gemological laboratory, giving complimentary appraisals for jewelry and precious metals such as gold, platinum, and silver.

These gemologists have a special need for:
• Diamonds 1 carat and over,
• Signed jewelry, Tiffany, Cartier, Van Cleef, Graff, Lacloche, Oscar Heyman, etc.
• Vintage period jewelry: Art Deco, Retro, Victorian, Important
• Complicated watches: Patek Philippe, Vacheron Constantine, Breguet, Audemars Piguet, Rolex, etc.
• All US gold coins. All US silver coins (dated 1965 and before)
• Gold in any form, new used or broken.

The funny thing is, many people may have some of these valuable items without even knowing it!

Come see this event for yourself:
Golden Treasures Jewelers

124 S. Solana Hills Dr

Solana Beach, CA 92075

858-481-7729

Follow Golden Treasures on Twitter

RSVP on Facebook

Price of Gold Increases, Sales of Silver Jewelry Follow

Currently at over $1350 an ounce in trading, the price of gold continues to reach all-time highs. The price increase comes as a result over fears of currency wars.

While this increased value of gold may benefit those looking to sell their gold jewelry, the average consumers looking to buy gold jewelry instead may find themselves detracted by the exorbitant price.

Consequently, as gold increases in price, silver jewelry shows to be a viable alternative - at the least, according to its increase of sales. Gold and Silver ore are often in the same group of precious metals.  While gold is considered more valuable than silver, silver is around 60 times less expensive than gold. As gold stands at over $1360 an ounce, silver costs around $24 an ounce by comparison.

Gold sets new record as Dollar weakens

New York Spot Gold set a record high at $1,308.70 per ounce during noon trading, while the value of the dollar weakened and investors were nonplussed by current consumer confidence. Meanwhile, Silver climbed 19 cents to $21.65 per ounce and  platinum, $1,634 an ounce.

How come Gold keep setting Record Highs?
Changes in the price of commodities such as gold can reflect a change in the value of the US Dollar, or it can reflect changes in supply and demand for gold.It is almost always the case that a part of the change in the price of gold is due to the change in the value of the US Dollar. Often times this mean that the change of the price of gold as a whole is due to the mathematical recalculation of the value of the US Dollar. The stronger the US Dollar, the fewer dollars it takes to buy any commodity priced in USD; the weaker the US Dollar, the more dollars it takes to buy that same commodity. This is part of the reason the value of gold seems to fluctuate.


Another reason for the changes in the value of gold is simply increases in the supply or demand. If the price is higher in major currencies in addition to the US Dollar (Euros, Japanese Yen, Pounds, etc), then that indicates that the demand for gold has increased, and consequently increased in value. Also, if the value of gold is higher in US Dollars yet cheaper at every other currencies, then it will be safe to assume that the value of the US Dollar has weakened, and gold has lowered value in the other currencies.

Be aware that because the price is quoted in $USD, the value may seem higher than it really is. In that case, it may actually mean that the value of US Dollars has weakened, and due to a supply of more gold, it takes more US Dollars to purchase that commodity.

Kitco provides live graphs to view the ongoing changes in the value of gold, silver, and platium.