Sell Gold Boca Raton
Anyone who has paid attention to the world economy in the last five years knows that gold is close to an all time high. In the last 10 years the price for one ounce of gold has gone from around $400 all the way up to almost $1,900 in 2011. Today, we can find gold hovering around $1,400 an ounce, which is still more than 300% higher than it was 10 years ago. You can get a lot of money to sell gold Boca Raton.
But platinum has been forgotten about. This is a metal that also trades at a super high price. Historically, platinum has traded higher than gold, but recently they have been very close. Today, platinum is only trading $100 more than gold, around $1,500 an ounce. 10 years ago platinum could be bought for around $600 an ounce before it reached a high of almost $2,200 an ounce in 2008. So what’s the difference between gold and platinum? History tells us not much.
If you look at a 10 year chart for both gold and platinum side by side they look very similar. Both exploded onto the scene around 2008 when the world economy fell apart. The dollar and the stock market weakened, and people started flooding into metals. This has been a trend seen throughout history. When paper money crashes people want something tangible to invest in.
For a few brief moments gold traded higher than platinum. Something that hasn’t been seen in a long time. Think about it. When you apply for an Amex the Platinum card is a better card than the Gold card. That is because platinum usually trades higher than gold. When gold was higher than platinum, everything was out of whack. They finally settled and today platinum is trading higher than gold.
Both metals are in high demand and trade at very high prices. Get the most cash today to sell gold Boca Raton.
by, Seth Marcus at Boca Raton Pawn
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