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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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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 »

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 »

Bullion Spot Sales Explained: Are “Buy at Spot Price” Deals Too Good to Be True?

If you’ve ever seen an ad claiming you can buy bullion at spot price, it probably grabbed your attention, and your skepticism.

The spot price is the current market value of raw gold, silver, platinum, or palladium. It’s the price you’ll see quoted on financial news sites and metal markets, updated constantly throughout the day.

But here’s the reality: most bullion products do not sell at spot price.

So when a dealer advertises a “spot price sale,” it’s smart to pause and ask what’s really being offered, and what the fine print says. Read more »

Where to Buy Bullion: Online vs. In-Person Options for Precious Metals

Buying bullion isn’t hard, but buying it the right way matters.

If you’re new to precious metals, one of the first decisions you’ll face is where to buy bullion:

Should you buy gold or silver online, or purchase it in person from a local dealer?

Both options have advantages. Both come with risks. And choosing the wrong one for your situation can cost you more than you expect.

This guide breaks down the real differences between buying bullion online and buying in person, so you can decide confidently. Read more »