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Image Courtesy of House of Kahn Estate Jewelers
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(Kitco News) – With gold at an all-time high in many currencies, jewelers are swamped with customers looking to cash in, said one store owner who reports a 40% uptick in business this summer.
“When we have spikes like this summer, we are very busy with people coming in to sell their jewels because the price of gold has skyrocketed. What people are getting for their jewels now versus a year ago is substantially higher,” House of Kahn Estate Jewelers president Tobina Kahn told Kitco News on Tuesday.