Connect with us

Headlines

Gold Recycling Is Back In Vogue As Prices Rise

Published

on

Jewelers adjust, and refiners see more volume.

Thanks to rising gold prices, gold recycling is up more than 10 percent in the first six months of 2016 over the same period last year, Bloomberg reports. “More people are unloading old treasures, recyclers are expanding capacity and some jewelers are seeing their businesses transformed,” the article says. A London jeweler told the news organization that it is buying more gold than it is selling these days, and gold refiners in London and Dallas report significantly expanded volumes. Gold prices have risen 26 percent in 2016.

Read more at Bloomberg

Advertisement

SPONSORED VIDEO

Wilkerson Testimonials | Zadok Master Jewelers

Stick to the Program — And Watch Your Sales Grow

When Zadok Master Jewelers in Houston, Texas, decided to move to a new location (they’d been in the same one for the 45 years they’d been in business), they called Wilkerson to run a moving sale. The results, says seventh-generation jeweler Jonathan Zadok, were “off the charts” in terms of traffic and sales. Why? They took Wilkerson’s advice and stuck to the company’s marketing program, which included sign twirlers — something Jonathan Zadok had never used before. He says a number of very wealthy customers came in because of them. “They said, ‘I loved your sign twirlers and here’s my credit card for $20,000.’ There’s no way we could have done that on our own,” says Zadok. “Without Wilkerson, the sale never, ever would have come close to what it did.”

Promoted Headlines

Most Popular