We Sell Precious Metals Bullion
Gold and silver are valuable metals and have been utilized as currency and a store of value around the world for centuries. It’s a great feeling knowing that no matter what happens with the economy, you have real gold and silver in your hands.
There are many ways to buy precious metals like gold and silver.
You can purchase coins (the currency of the U.S. and other nations), rounds (such as minted commemoratives in fine gold and silver), and bars (easy to stack and store in your safe). Whether you’re just getting started or you’re a seasoned precious metals buyer, Pineforest Jewelry can help you save money on your next purchase. We are a precious metals dealer with nearly 40 years of experience helping customers to purchase gold and silver.
We'll start with the granddaddy of them all: gold. Gold is unique for its durability (it doesn't rust or corrode) and its ability to conduct both heat and electricity. It has some industrial applications in dentistry and electronics, but we know it principally as a base for jewelry and as a form of currency.
The value of gold is determined by the market 24 hours a day, seven days a week. Gold trades predominantly as a function of sentiment—its price is less affected by the laws of supply and demand. This is because the new mine supply is vastly outweighed by the sheer size of above-ground, hoarded gold. To put it simply, when hoarders feel like selling, the price drops. When they want to buy, a new supply is quickly absorbed and gold prices are driven higher.
Unlike gold, the price of silver swings between its perceived role as a store of value and its role as an industrial metal. Because of this reason, price fluctuations in the silver market are more volatile than gold.
So, while silver will trade roughly in line with gold as an item to be hoarded, the industrial supply/demand equation for the metal exerts an equally strong influence on its price. Silver is used in many industrial manufacturing applications from electrical appliances to medical products, and from batteries to semiconductors.
It's unclear whether, or to what extent, these uses will affect the overall non-investment demand for silver. One fact remains: Silver's price is affected by its applications and is not just used in fashion or as a store of value.
At Pineforest Jewelry, we value your need for privacy and security.
We ask that you contact us either in person or by phone to further discuss your desire to purchase gold and/or silver. While we do sell bullion coins, rounds, and bars at a retail level, larger bullion purchases carry a considerably lower price per ounce. Call us today at (713) 451-1321.