Gold is currently trading at $1906.20 per Troy ounce. That’s where it was trading in late September. By the end of September, that price had fallen more than $100.00. But since then, the trading price has rebounded to its end-of-September level and now looks very strong. 

Our precious metal recycling experts hate to disappoint any customers or callers to our toll-free number. We really do, but sometimes we have to tell those potential customers that the big, impressive-looking gold items they are calling about aren’t worth recycling.

There have been times in history when big financial events seem to come at the rate of one or two a year. This is not one of those times. Every day seems to bring a big piece of financial news that could threaten the trading price of gold. For example . . .

You go looking for gold and . . . you find some! Maybe you go to an antique store and find a piece of jewelry that looks like pure, shiny gold, but you find out later that it is only covered with a thin gold plating. Or you discover a gold nugget and find out that it is only a cheap collectible that has been created to look like the real thing, but isn’t.

“EPA Allows Mine Company to Pursue Permits Near Alaska Bay,” an article that Becky Bohrer wrote for the Associated Press on May 12, reports that the U.S. Environmental Protection Agency is on the verge of approving a permit for a new copper and gold mine in the Bristol Bay area of Alaska...