Golden parties as people cash in on price boom

IF you have any old gold jewellery lying at the bottom of your dressing room drawer gathering dust, you could well be sitting on a small fortune.With the price of gold reaching record highs last week - $1300 an ounce (31.1 grams) - many people are selling their old gold pieces for cold hard cash, The Australian reports.Gold prices have risen by more than 10 per cent since November 3.
"With some central banks keen to rebuild their gold reserves, this has fuelled a gold price rally," the National Australia Bank said in its gold market report yesterday.This has sparked a growing number of sales of old gold pieces.. Fashion accessories are decorative items that supplement one's garment, such as fashion jewellery,womens accessories,jewellery rings,gold jewellery,women's jewellery.You can wholesale jewellery. Instead of furtively slipping into a pawn shop or Cash Converters, the owners are selling their gold jewellery to reputable gold exchange shops for cash.
The Gold Company director Roy Cohen said yesterday: "More women are realising gold is money. These women realise their old gold jewellery is now too old-fashioned to wear.
"The jewellery could be discarded pieces given by an old boyfriend, or family heirlooms that are too outdated in style," he said. "With their children not interested in inheriting these pieces, many are selling off their gold pieces for cash.. fashion accessories are decorative items that supplement one's garment, such as fashion jewellery, gloves and tights.Je"Yesterday alone,The chanel jewelry is one of the hottest brands among the Hollywood elite. Mr Cohen bought 572 grams of gold jewellery from various customers for $10,000. "If you pay hundreds of dollars for a designer bag or sunglasses, you will get hardly anything back if you sell it on eBay,. The idea that a small Necklace is dangerous to patients is at best absurd." he said.