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

When Sales Beat Projections, You Know Wilkerson Did Its Job

There are no crystal balls when it comes to sales projections. But when Thomasville, Georgia jeweler Fran Lewis chose Wilkerson to run the retirement/going-out-of-business sale for Lewis Jewelers and More, she was pleasantly surprised to learn that even Wilkerson could one-up its own sales numbers. “Not only did we meet our goal, but we exceeded the goal that Wilkerson had given us by about 134%,” she says. After more than 40 years in the business, Lewis says she decided a few years ago to “move towards retirement.” And she was impressed by Wilkerson’s tenure in the industry. Overall, she’d recommend the company to anyone else who may be thinking it’s time to hang up their loupe. “As a full package, they’ve done a very good job and I’d definitely recommend Wilkerson.”

Promoted Headlines

Most Popular