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Archive for the ‘jewelry’ Category

Turning Old Bling Into Fresh Green

Like many women, I’ve collected an assortment of gold jewelry over the years, and some of it I never wear anymore. So recently, I decided it was time to join the growing number of people who are taking advantage of skyrocketing gold prices to turn old bling into fast cash.

Certainly, the time is ripe. Yesterday, gold closed at $963.90 an ounce — up 15% since the beginning of the year, and 52% since the end of 2006. The last time gold prices soared like this was 1980, when the annual average price was $612 an ounce, the equivalent of $1,660 in today’s dollars. Back then, lines stretched out the doors of jewelry stores as people tried to sell Read the rest of this entry »

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