Platinum Archives | Your Gold Guys

The Global Economic Shift: Understanding BRICS and the Role of Gold

February 18, 2025

The global economic landscape is undergoing a significant shift, and you’re going to want to know about it.

For decades, the economic powerhouses of the West, including the U.S. and Europe, have dominated global markets. However, in recent years, a rising coalition of five emerging economies collectively known as the BRICS nations, has been steadily gaining influence and momentum, reshaping the dynamics of global economic power.

Together, these countries represent a significant portion of the world’s population, landmass, and GDP (Gross Domestic Product). As the world’s markets continue to evolve, understanding the role of BRICS and how it influences industries like precious metals, particularly gold, is crucial for businesses looking to navigate the future of global trade.

Palladium vs Platinum vs Silver: What You Need to Know

August 9, 2024

Jewelry, coins, bullion, and other items made from precious metals are popular in today’s market due to their exceptional beauty and high value. Gold has always been the most popular and highly sought-after of all the precious metals, but silver, platinum, and palladium hold significant value as well. While these three metals may look similar in color and are often mistaken for one another by the untrained eye, each has its own unique characteristics that determine its value.

Here is a breakdown of the key differences and similarities between silver, platinum, and palladium.

13 gold and jewelry terms to know

February 3, 2021

Selling jewelry and gold can always be a great way to turn old, tucked-away items into cash – especially when the price of gold is as high as it is right now. But before getting involved in the market, it can be helpful to understand exactly what you’re getting into from a selling perspective.

Here are 13 key gold and jewelry terms to know to help educate yourself.

Pawning gold and jewelry vs. Selling gold and jewelry

January 27, 2021

Directly Above Shot Of Jewelry By Purse On Table

Because the price of gold is higher now than it has been in years, many people are looking for the best possible way to turn their gold and other precious metals into cash.

When it comes to making quick cash, many people turn to pawnshops as a means of turning their gold, jewelry, and other items into money. On the other hand, many prefer to sell their items outright to get the process over with quickly and to walk away with cash in their hand. But which is better – pawning or selling?

Jewelry has a high retail markup compared to an item’s actual market/secondary value. Here is a breakdown of the key differences between pawning and selling to help determine which can produce the best value for your gold, jewelry, and other precious metals.

Guide to selling rare and collectible coins

November 10, 2020

Those involved in the trade are well aware of the large and thriving community of rare coin collectors. Everything from classic U.S. coins to rare European tender can still be highly coveted by the right audience, with buyers and sellers around the world vying to either bolster or cash in on their unique collection.

A similar sentiment could be shared for bullion, as bars and ingots are still frequently transacted with on a daily basis.

This high level of interest and activity also means that there is a very lucrative market for both coins and bullion – and that you could be closer than you think to cashing in on some of your precious metals.

Here are some of the key points to keep in mind when selling coins and bullion today.