Gold & Silver Buyers Near You
Found in many forms and applications, gold, silver, and platinum are used extensively in jewelry, watches, bullion, and coins from all over the world, past and present. Artwork, statuary, and various types of architectural ornamentation have similarly utilized precious metals for thousands of years. These metals are also efficient conductors of electricity and are used in many electronic components ranging from computers to medical equipment. The scarcity of these metals makes them valuable, and this value has always increased over time relative to other commodities.
Throughout history, during economic or geopolitical turmoil, precious metals not only retained their value, but appreciated at an accelerated rate. Seen as a secure investment by many, gold, silver, and platinum coins and bullion are always in high demand. As stock markets rise and fall, the dollar strengthens and weakens, and consumer debts reach unprecedented levels, people seek the confidence of owning precious metals like never before.
Although the country’s monetary gold standard was abandoned in favor of a fiat currency system in 1933 and eventually completely eliminated in 1971, the value of gold persists and actually continues to grow in spite of this. Investors buy physical gold, silver, platinum, and other precious metals as alternative assets and to protect against inflation and financial turmoil. Many of our clients see the benefits of owning precious metals as a great way to diversify their financial security because of its historical value and viability as compared to other less tangible resources. At Metro Pawn & Gun, we are happy to be part of this equation.