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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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From Scrap to Bullion: How to Sell Gold, Jewelry, and Silverware and get into Smart Investments

What’s Hiding in Your Jewelry Box?

That dusty jewelry box? It’s not just sentimental clutter—it might be the most overlooked investment you already own.

Beneath layers of tarnish and forgotten stories, old jewelry and silverware hide real value. You might think that silver spoon is just for fancy dinners. But it’s actually money wearing a tuxedo, waiting to crash your investment portfolio.

Many beginner investors overlook these treasures. They’re unsure how to sell gold and jewelry near me or find scrap gold buyers near me they can trust. If you’ve searched for those terms, you’re in the right place.

Old jewelry that’s been passed down, forgotten, or even dismissed as “ugly” often contains precious metals like gold, silver, platinum, and palladium. These metals hold real value. They act as a hedge against inflation and market chaos.

Yet most people let these treasures sit idle, missing out on a chance to turn scrap silver buyers and scrap gold buyers into cash or bullion.

We’ll break down how to spot real value, why it matters, and how the Gold Guys make turning scrap into bullion straightforward and stress-free.

Investing in precious metals doesn’t have to be complicated or intimidating. It can start right in your own home. Read more »

The Weights of Precious Metals: Troy Ounces, Pennyweights, Grams & Kilograms

The Weight Game: What Every Precious Metals Investor Needs to Know

Think you know what an ounce is? In precious metals, that confidence could cost you a small fortune.

Most beginners assume their kitchen scale or bathroom scale will do the trick. Spoiler alert: it won’t. The world of gold, silver, platinum, and palladium uses units that sound familiar but play by their own rules—troy ounces, pennyweights, grams, and kilograms.

Mix them up, and you might as well be handing over a slice of your investment.

In this article, you’ll get the inside scoop on:

  • The heavyweight champion, the troy ounce (and why it’s not your grocery store ounce)
  • Pennyweights, the underdog still prized by jewelers and traders
  • Grams and kilograms, the global players you’ll meet in every market

We’ll break down what each unit means, why it matters, and how The Gold Guys keep you from getting shortchanged—whether you’re selling scrap, buying bullion, or just weighing your options.

Ready to make every gram, ounce, and pennyweight count? Let’s get started. Read more »

Diamonds vs. Gold: Which Is the Real ‘Forever’ Asset?

Diamonds vs. Gold: What Every Beginner Investor Needs to Know About These ‘Forever’ Assets

Diamonds? They dazzle with complexity. Every stone is a unique puzzle of Cut, Color, Clarity, and Carat. This uniqueness makes diamonds fascinating—but also frustratingly tricky to value and even harder to resell.

And now, lab-grown diamonds have crashed the party. These man-made gems look identical to natural stones but come at a fraction of the cost. Their growing presence is shaking natural diamond prices and confusing investors who thought diamonds were a safe bet.

Beginners often assume diamonds and gold are equally solid investments. Spoiler: they’re not.

In this article, you’ll learn why gold remains a steady store of value, why diamonds require more savvy, and how The Gold Guys can help you navigate this glittery, complicated market with confidence. Read more »

Gold vs. Digital Gold: Can Precious Metals Compete with Bitcoin?

Gold vs. Bitcoin—The Investment Tug of War

Many newcomers to investing think it’s simply about buying assets and waiting.

But the real challenge is understanding how to keep your investment safe, accessible, and compliant. Whether you’re holding tangible gold or digital Bitcoin, each comes with unique responsibilities and opportunities.

Let’s break down how to approach both wisely, using real-world insights and practical tips. Read more »

How to Buy Gold: What You Need to Know Before You Buy

Gold is a time-tested way to protect your wealth when the economy feels shaky. It’s a reliable asset that people trust when markets shift or inflation spikes. But knowing how to buy gold is not as simple as grabbing any shiny coin or bar.

Buying gold isn’t just about spotting something pretty or expensive. It’s about understanding what type of gold you’re getting and where to find trustworthy sellers. Fake coins, inflated prices, or confusing terms can make the process risky for beginners.

This guide cuts through all the noise. It shows you the best ways to buy gold, how to avoid scams, and where to buy gold safely. With the right knowledge, investing in gold coins or bullion stops being a guessing game and becomes a smart way to hold your wealth.

Why Buy Gold?

Why buy gold when stocks and crypto catch all the attention?

Because gold plays a different, steadier game. It’s physical, scarce, and has outlasted centuries of financial storms. Unlike bank accounts or shares that can evaporate overnight, gold holds real weight, literally and figuratively.

Gold is the classic hedge against inflation. When prices soar and money feels worthless, gold tends to hold or even gain value. It’s like gold mocks inflation while paper cash shrinks.

For anyone serious about preserving wealth, that’s a powerful reason to buy gold. Read more »