Gold investors will be glad to hear that spot gold price has risen to about $1,130 today. The only thing stopping gold from reaching a peak of $1,145/troy ounce, was the strength of the dollar last Friday. Today in London, gold has been selling at $1,135.75/ounce, which is an increase of $7.75 since Friday.
The SPDR Gold Trust, one of the largest gold exchange-traded funds, reports that they have little more than 20 tons following the report of 1,112.84 tons on January 15. Experts believe that the decline is due to investors changing from gold exchange-traded funds (ETFs) to platinum and palladium. Looking over the last two weeks, platinum and palladium have consistently been worth more than gold. Platinum and palladium spot prices have remained the same over the weekend with platinum selling for $1608.50/ounce and palladium at $451.50/ounce.
Gold and platinum are at an excellent exchange rate right now. Make the most of this high exchange rate by visiting Check City’s website at checkcity.com to find out more about their gold and platinum buying services and where the closest Check City store is to you. All of Check City’s stores are open anywhere for extended hours with a few open 24/7.
Or if you are too busy to make the visit in person to one of the stores, visit their gold service site to order an envelope to send your jewelry to Check City to be professionally weighed and tested. Check City will mail a check back to you! The envelope that you will receive will be prepaid and insured up to $100, so there will be no need to worry about shipping costs or your jewelry becoming lost in the mail.
With Check City’s prices defined by the NYMEX gold value, our prices are four times the value that online buyers will offer. With the gold and platinum prices skyrocketing, this is truly a golden opportunity.
