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Gold falls from record hights…
NEW YORK (MarketWatch) — Gold futures fell Thursday, pulling back from their record highs above $1,150 an ounce, as souring sentiment over U.S. economic prospects lifted the U.S. dollar, reducing gold’s appeal as a hedge against a weaker currency.

U.K. Royal Mint Quadruples Production Of Gold Coins.
Nov. 19 (Bloomberg) — The U.K.’s Royal Mint, established in the 13th century, more than quadrupled production of gold coins in the third quarter after demand for the metal increased as investors sought to hedge against a weakening dollar.

N.J. Diamonds Week Wrap Up…
This week found the rise in gold price, this means that we raised our buying price, we also had many sales this week in the store, some lovely diamond engagement rings sold, and 21kt gold was very hot item for sales this week. Many, many people asking for coins, and once’s we sold all of the once’s we had in the store, and many English coins. 21kt gold bangles are another jewelry item that we have been selling a lot of in recent months.
N.J. Diamonds diamond engagement rings, and more.
Have you updated your appraisal
Have you updated your appraisal?
If you have a lot of gold jewelry that you may have bought when the price of gold was lower, this would be a good time to get your jewelry appraised. Lets say you bought your gold when the price per once was $600.00, today the price per once is $1,108.00 an once. That is a huge price jump, and many of us forget that about the gold jewelry that we have in our jewelry box. You should have all your jewelry appraised not just the gem stone jewelry. Lets say you appraised your gold at the old price, and that gold jewelery was stolen you would only get the old price, (the price that gold was at when your appraisal was written). In this area we have so many people who by high karat gold jewelery, and many do not even think about having their gold appraised, and added to their home owners insurance, do not make this mistake.
N.J. Diamonds diamond engagement rings and more.

Ask if they are buying by gram or dwt..
Always make sure when you are calling, and asking different stores how much they are buying the gold for you ask if they take it by penny weight (dwt) or gram weight. It does make a difference make sure to do your calculations before you take it in.
An example is $13.00 per gram what we are taking 14kt for today would be about 20.00 by dwt. So if you are calling around for prices, and they tell you $17.00 ask if that is by gram or penny weight? if they say gram you have hit the jack pot, and go sell your 14kt to them, but if they say that is the price for penny weight, they are a little low. Different parts of the country are taking the gold at different prices. One woman who called from Florida said the most she could get for her 14kt gold was $8.00 a gram. We take our 10kt gold for that price, so it does make a difference what part of the country we are talking about. I only bring this up because someone called last week, and wanted to know how much we buy 14kt gold for I told them it was $13.00 a gram. He said no thank you I am already getting $16.00 I told them that is good, but are they buying by penny weight, or gram weight? They did not know, and said they would call back, as it turned out it was by penny weight, and they did their calculations,and found they would be getting more from us. Happy hunting, and good luck to all of you.
N.J. Diamonds diamond engagement rings, and more.

Gold Buying Price…
21kt @ $25.00 a gram
18kt @ $19.00 a gram
14kt @ $13.00 a gram
10kt @ $ 9.00 a gram









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