East Main Jewelry & Check Cashing - CT Gold Buyer. Paying top dollar for gold over 25 years

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GOLD Drops then Pops why?

A customer came in today and was disappointing we did not offer the same amount for her gold as last time. I simply explained that Gold has dropped considerably since last time you were in and frankly I didn't recognize you. I did however match last years prices to retain her business. We reward customer loyalty.

As you can see from this 10 year graph gold spiked up during the summer of 2013. Then dropped back down the latter half of 2013 right into the present. This is attributed to a strengthening dollar and economy. I am confident you will see another spike in gold prices if unrest in Russia continues or if an unforeseen event occurs in the future to shatter a fragile US recovery but over all I believe the US economy will have a rebound for 2014.

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