The prices for gold items are low at Suffolk Jewelers & Pawnbrokers right now! Why? We’ll explain. Suffolk is able to price its items in response to the current gold market.
Since gold prices are currently down, you can get gold necklaces, bracelets, watches, and other gold items for less at Suffolk Jewelers & Pawnbrokers.
So how do current market gold prices affect retail pricing in a pawnshop?
Unlike traditional jewelry stores, pawnshops can price their items according to the ups and downs of the actual goal market. So Suffolk Jewelers & Pawnbrokers can respond to the low price of gold right now by lowering its prices. Meanwhile, retail jewelry shops have to keep their prices high, because they buy their items from wholesalers, who do not charge according to the variations in the market. Additionally, retailers mark up the price of jewelry depending on its designer or other characteristics. Suffolk doesn’t do that.
As a result of our low prices, sales are up. “Suffolk Jewelers and Pawnbrokers has seen a distinct rise in its jewelry sales over the past two months,” Suffolk Jewelers and Pawnbrokers owner Ed Bean said. The reason sales are up even while consumer spending is low and job growth remains stagnant is precisely because Suffolk has the flexibility to directly respond to the market value of gold. Come take advantage of that unique situation at our location on Washington Street.
We are experienced buyers and sellers in the gold business, so you can be assured that you will get a fair price. We have skilled personnel that are extremely knowledgeable about appraising gold items. Our staff, combined with our great prices and broad selection of unique and vintage items, have helped create a loyal set of local, regular customers.
Gold is a great investment in a down economy. It always has value. So if you are looking to buy a timeless gold item, look no further. Come in to Suffolk Jewelers & Pawnbrokers today.