GoldPal Sees A Bright Future In The Growing European Market
GoldPal, based in Miami, Florida, receives large quantities of mail-in packs containing old wedding rings, individual earrings and broken gold, silver and platinum chains.
- (1888PressRelease) July 21, 2010 - GoldPal, a leading purchaser of old gold, platinum and silver jewelry, is taking a hard look at European precious metal sales as prices continue to escalate while the average consumer has fallen upon difficult financial times.
GoldPal, a respected and well-established company is meeting the challenge of European dealers, such as pawnshops in the UK, by making aggressive moves in the online unwanted precious metals market. Their reputation for honesty, security as well as higher than average payouts have propelled them into prominence in global competition.
GoldPal President and CEO Ann Marin told analysts that higher demand and tight supplies have come together to create a bullish gold market.
"Fundamentals include evidence of a rebounding market in India and solid growth from the jewelry market in China. In addition, sustained flows and historically low central bank sales continue to support price performance," Marin said on a conference call.
Even as she spoke, gold had hit a 2-week high of $1,236 per ounce in London while hitting a record peak in Swiss francs and Euros.
GoldPal, based in Miami, Florida, receives large quantities of mail-in packs containing old wedding rings, individual earrings and broken gold, silver and platinum chains. GoldPal is noted for its high security, accurate value assessments and a commitment to its customers by providing the absolute best prices for their unwanted precious metals items. With GoldPal instead of gathering dust in some dresser drawer corner, these items have earned their owners the cash needed to pay bills or maybe take that long-awaited vacation. People who do their research trust GoldPal to turn their cast-offs into cash.
With competition from gold-purchasers like leading British pawnbrokers Albemarle & Bond and H&T, GoldPal has stepped up to the plate and it fast-outpacing all competitors, even those who have had a head-start over newer entries into the skyrocketing gold market.