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The price of gold decreased slightly at the beginning of 2024
2024-01-05, Scrap Gold prices
At the beginning of 2024, the price of gold surprised again with a negative change. During the first few days of this year, the price of gold fell by 2% and on January 3rd. was down almost to $2,032 per ounce.
By the end of December 2023, the price of gold had reached more than 2,088 US dollars per ounce. It seems that a record price of gold has been reached. However, such a jump in the price of gold was instantaneous and the price later returned to its previous level. Hardly anyone could name the specific reason for such a price jump, because the price of gold is influenced by many factors, starting with the markets of individual countries and ending with the geopolitical situation. There will be different opinions, but it's probably more than just speculation. The price of gold has remained
Cash for Gold Los Angeles
2023-08-05, Scrap Gold prices
LA Cash for Gold is located in the city of Pasadena California. The gram weight, metal purity, and finally the payout percentage the company buying the item was offering based of the current spot price.
LA Cash for Gold opened its original location on 7th and Hill Street in the Downtown Los Angeles Jewelry District in 2007. In 2010, the company moved to a bigger location in the beautiful city of Pasadena California. The new location has allowed us to expand our jewelry and diamond selection, in house Jewelry Repair and Manufacturing facilities. Our location is surrounded by plenty of one hour free parking, making it very convenient for clients in need of gold selling services.
The price of gold is rising. What to expect in the near future?
2023-01-11, Scrap Gold prices
By 2023, the price of gold has increased by about 15% compared to the beginning of November last year. November 3, 2022 the price of gold on the exchange was about 1600 USD/Oz, and already in 2023 on January 3, the price of gold reached 1838 USD/Oz. Although the price of gold has not yet reached 2022. at the level of March when gold cost as much as $2034/Oz, but it is likely to reach a similar price soon if it rises at this pace.
As the economy of the world's major countries slows down and inflation continues to grow, it is a bit strange to see that in 2022 the price of gold decreased more than it increased, and only started to increase at the beginning of November. One can form the opinion that the price of gold is somehow artificially prevented from increasing.
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