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Due to extreme market conditions and daily fluctuations in purchasing availability, please contact your local Gold Guys store directly to confirm whether we are currently able to purchase your items. Thank you for your understanding.

Beginning Tuesday April 14 we are implementing new hours of operation at our Duluth, Maple Grove, and Woodbury locations.

Monday through Friday, 10 a.m.–7 p.m.
Saturday, 10 a.m.–6 p.m.
Sunday 11 a.m.-6 p.m.
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Are Goldbacks a Good Investment?

Imagine carrying real gold in your wallet, lighter than your morning coffee, but still packing real value. Sounds like a magic trick, right? It’s not. It’s called Goldbacks.

These thin, flexible notes are made with actual 24-karat gold layered inside a durable polymer. They look like paper money, feel like paper money… but they’re not paper at all. They’re gold-backed currency designed to be spent, collected, or simply admired.

In a world where cash loses value to inflation and digital payments depend on Wi-Fi behaving itself, Goldbacks offer something different: tangible, portable gold in small, usable amounts.

But here’s the catch, they come with higher premiums, limited acceptance, and a bit of a “novelty” factor.

So the real question is: Are Goldbacks actually a smart investment, or just a shiny conversation piece? Read more »

Who’s Really Steering Gold Prices?

Ever notice how gold prices seem to jump for no obvious reason?

One day it’s calm. The next, it’s bouncing like it had too much coffee. And no, it’s not just everyday investors or gold collectors driving those moves.

The real players? Central banks.

They’re the quiet giants behind the scenes, buying, selling, and influencing gold prices in ways most people never see.

And here’s why that matters: whether you’re planning to buy gold bullion or sell old jewelry, their decisions directly affect the price you pay, or the cash you walk away with.

Let’s pull back the curtain. Read more »

Is It Risky to Mail in Your Jewelry to Sell?

Thinking about mailing in your jewelry to sell, but worried it might disappear into the postal void?

You’re not alone. For many people, sending off gold, silver, or even a sentimental diamond feels like handing over a piece of your story to total strangers. It raises a very real question: is it safe to mail jewelry?

The short answer? It can be. The better answer? It depends entirely on who you trust and how you do it.

Mail-in precious metals selling has become incredibly popular because it’s convenient, fast, and lets you sell gold jewelry online without leaving your home. But like anything involving valuables, it comes with concerns, and some of them are valid.

Let’s walk through what people worry about, what can actually go wrong, and how to make sure your jewelry’s journey ends exactly where it should: safely converted into cash. Read more »

How Much Gold Is Really Left? Where Has All the Gold Gone?

Ever wondered how much gold is actually left in the world?

It might feel like gold is everywhere, jewelry boxes, bank vaults, coins, and collectibles. But the reality is very different. Gold is one of the most limited natural resources on Earth, and that scarcity is a big reason it holds value.

If you’re thinking about selling gold for cash, buying bullion, or just understanding gold investment basics, knowing how much gold has been mined, and how much is left, can help you make smarter decisions. Read more »

What Are Precious Metals Actually Used For?

Ever dig through a drawer of old gold chains or mismatched silverware and wonder if it’s worth more than sentiment? Chances are, it is.

Precious metals aren’t just decorative or collectible, they’re essential to modern technology, medicine, energy, and infrastructure. Gold, silver, platinum, palladium, and even diamonds quietly power the world around us, often in ways most people never realize.

Understanding how these metals are actually used can help you make smarter decisions about whether to sell, hold, or invest, and recognize hidden value sitting right at home. Read more »