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Gold Price Reaches a New Record

2024-09-14, Scrap Gold prices

Gold Price Reaches a New Record

14 September 2024 has gone down in history as an important day in the gold market. On this day, the price of gold reached an all-time high of USD 2,580 per ounce. This event is undoubtedly pleasing for both gold investors and sellers, who can now look forward to greater financial gains.

Why has the Gold Price Risen?

There are several reasons for the rise in gold prices. Firstly, global economic turmoil and geopolitical strife often increase the demand for precious metals such as gold, which are considered a safe haven for investors. Secondly, global financial market volatility and fears of inflation can also contribute to the rise in gold prices.

Where to Sell Gold Most Expensive?

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The price of gold decreased slightly at the beginning of 2024

2024-01-05, Scrap Gold prices

The price of gold decreased slightly at the beginning of 2024

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

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Cash for Gold Los Angeles

2023-08-05, Scrap Gold prices

Cash for Gold Los Angeles

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.

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