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Gold Prices Rise To Three-Week High

By   /  August 11, 2015  /  Gold Price, Pawn News  /  No Comments

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Original article found on wsj.com Gold prices rose to a three-week high and other precious metals rallied Monday, after a Federal Reserve member’s comments threw into question the timing of the central bank’s expected rate increases. Gold for December delivery, the most actively traded contract, closed up 0.9% at $1,104.10 a troy ounce on the [...]

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Diamonds May Be The Next Big Thing In The Futures Market

By   /  August 5, 2015  /  High End Pawn, Jewelry, Pawn News  /  No Comments

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Original article from marketwatch.com Move over gold bugs! Futures traders in precious assets may have a new best friend: diamonds. That’s if Martin Rapaport has his way. The chairman of the Rapaport Group, a source of pricing and other market information in the diamond world, first wrote a diamond-derivatives proposal for the New York Commodities [...]

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Gold On Sale: Investors Buy on Today’s Low Gold Prices

By   /  August 4, 2015  /  Gold Price, Pawn News  /  No Comments

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Original article from moneymorning.com The leveraged gold futures derivatives market is knocking down the precious metal, yet in massive contrast, this drop has ignited a shopping frenzy, according to gold coin dealers. I spoke with several friends and industry experts last week who confirmed the record sales numbers for the month. In fact, American Gold [...]

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