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Wholesale Gold

Wholesale gold, in the case of jewelry, of can be described as a bulk incentive discount usually received by retailers. Their reward for ordering $1,000 worth of merchandise is more of it the more they spend. There is even a service that only requires a $500 minimum order, which puts some accessibility into the idea of buying gold wholesale.

Wholesale gold (a collection of gold jewelry sold wholesale) can also be sold but you will probably get better prices by selling the pieces individually. The exception to this would be if the collection was well-known as a set and would thereby command a higher sale price altogether. Either way the term is fairly empty.

There’s really no such thing as buying wholesale gold (in bricks or bullion). The gold standard was abandoned by the United States in 1933 in favor of fiat currency. Some people still collect gold as a contingency plan in case the currency system fails.

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