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Gold Recycling Is Back In Vogue As Prices Rise

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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.

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Wilkerson Helped This Jeweler to Navigate His Retirement Sale Despite a Pandemic

Hosting a going-out-of-business sale when the coronavirus pandemic hit wasn’t a part of Bob Smith’s game plan for his retirement. Smith, the owner of E.M. Smith Jewelers in Chillicothe, Ohio, says the governor closed the state mid-way through. But Smith chose Wilkerson, and Wilkerson handled it like a champ, says Smith. And when it was time for the state to reopen, the sale continued like nothing had ever happened. “I’d recommend Wilkerson,” he says. “They do business the way we do business.”

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