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Opinion: 7 reasons gold prices will crash this summer

Opinion: 7 reasons gold prices will crash this summer

by PawnMaster | May 15, 2017 | BE ON THE LOOKOUT, Business, Gold & Jewelry, New to the Industry, News, Precious Metals, Small Business

Gold prices have been on a bit of a roller coaster since Election Day. After the presidential vote last November sparked a “risk-on” rally for U.S. stocks, gold tumbled from more than $1,300 an ounce to under $1,150 just before Christmas. That’s a more than 11%...
Gold price on verge of breaking 6-year downtrend

Gold price on verge of breaking 6-year downtrend

by PawnMaster | Apr 20, 2017 | Gold & Jewelry, In The News, Precious Metals

While iron ore and copper prices were marked down sharply on Tuesday, gold managed to turn around a weak start to the day to eke out a slight gain by the end of regular trading. In brisk dealings on the Comex market in New York gold for delivery in June was exchanging...
Blue HPHT Synthetic Diamond Over 10 Carats

Blue HPHT Synthetic Diamond Over 10 Carats

by PawnMaster | Apr 19, 2017 | Gems, Gold & Jewelry, In The News, Industry, Jewelry

In September 2016, GIA’s Hong Kong laboratory tested a 10.08 ct blue synthetic diamond grown by the high-pressure, high-temperature (HPHT) method. This was the largest HPHT synthetic diamond recorded to date. It was also the largest HPHT blue synthetic diamond GIA has...
Billions in drug dealers’ illegal Amazon gold ‘laundered’ through Miami refinery, feds say

Billions in drug dealers’ illegal Amazon gold ‘laundered’ through Miami refinery, feds say

by PawnMaster | Apr 7, 2017 | Gold & Jewelry, In The News, Industry, Precious Metals

In a zeal to hide cocaine profits, South American traffickers have funneled billions of dollars of illegally mined Amazon gold to a Miami metals refinery in what federal authorities say amounts to a massive money-laundering...
US Retailers Continue to Cite ‘Challenging’ Environment, Synthetic Melee Detected

US Retailers Continue to Cite ‘Challenging’ Environment, Synthetic Melee Detected

by PawnMaster | Apr 7, 2017 | Diamonds, Gems, Gold & Jewelry, In The News, Industry

U.S. employment figures continue to rise along with the stock market – and other economic indicators remain strong – but Signet Group’s latest lower results continue to point to a “challenging” retail environment. Signet is the largest jewelry chain in the U.S. and...
Shipping scrap… it’s so easy

Shipping scrap… it’s so easy

by PawnMaster | Apr 5, 2017 | Gold & Jewelry, In The News, Industry, Precious Metals

Working with your refiner has to be simple. Shipping scrap is easy, simple and it’s safe. There are pawnbrokers and Jewelers that have never shipped scrap and they’re weary of the process. Will it make it!? Is it insured? How do I get the label? Where do I...
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