Gold America Ribbon Cutting Set for Feb. 10

First Selectman Mike Tetreau will be welcoming Gold America LLC to Fairfield Friday February 10, with a ribbon cutting ceremony at 11 am. 

Gold America LLC opened its doors to Fairfield, CT about a month ago and has already helped local families cash in on their unwanted items.  Gold America LLC buys gold, silver, platinum, jewelry, diamonds, coins and watches.  Gold America LLC opened its doors right next to the Fairfield Train Station in downtown Fairfield at 79 Unquowa Pl.

“I am thrilled we could open just before the holidays.  We were able to help people get cash for their holiday spending.  We are seeing a lot of customers coming in now to get cash for their holiday bills.  We can help anyone who needs quick cash,” said David Barkstedt co-owner of Gold America LLC. 

With the uncertainty of the global markets, unemployment, and an economy in turmoil, selling your gold and silver can be quite lucrative, Barkstedt remarked.  The price of Gold in 2000 was at $273 per troy ounce.  Today, the price of gold is $1659.  “Right now is a perfect time to sell your old or broken jewelry.  We have a lot of customers who come in with jewelry they inherited or from an ex spouse.  They are usually shocked of how much money they actually get for items they thought were worthless” said Marvin Neuman co-owner of Gold America LLC.

All gold is in demand – 10 karat, 14 karat, 18 karat, yellow gold, white gold or platinum. Earrings from an ex, broken necklace chains, outdated broaches, dental gold, silver coins, gold coins and silver flatware are all sources of cash that have been lying around your house growing in value. 

Additionally, silver is on a rising trend that will have to break eventually, Barkstedt added. The price of silver has now hit a thirty-year high. This is also the seventh consecutive year that silver has hit a record high. All the signs show that prices can drop soon, and when that happens, the price of old or scrap silver can greatly decrease.

"Market analysts agree that eventually something will change the balance of the economy and the gold value will fall again. It’s best to take full advantage of the high gold prices while they last," said Barkstedt.

For more information, contact Dave Barkstedt at Gold America 203-955-1234 or visit the store at 79 Unquowa Pl, Fairfield, CT 06824.

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Submitted by Fairfield, CT

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