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https://www.jewelry-secrets.com/Blog/does-your-jeweler-buy-and-resell-gold/
Feb 08, 2019 · They sell it. It’s quick money to be made. Most of the time jewelers break up the jewelry, remove all the gems and diamonds, sort out the metals into piles of 10kt gold, 14kt gold, sterling silver, and platinum, then send them off to the refineries where they’ll be melted down, purified, and repackaged once more to be sold.
https://www.kay.com/kay-jewelers-gold-exchange
We buy jewelry made of precious gold (10K, 14K, 18K, 22K or 24K gold or European equivalent) or anything made of platinum 900 or 950. If your unwanted jewelry is set with diamonds or color stones, you should have those removed before sending your gold or platinum to us.
https://www.jared.com/jared-gold-exchange
We buy jewelry made of precious gold (10K, 14K, 18K, 22K or 24K gold or European equivalent) or anything made of platinum 900 or 950. If your jewelry is set with diamonds or color stones, you should have those removed before sending your gold or platinum to us.
https://www.bankrate.com/finance/personal-finance/old-jewelry-worth-its-weight-in-gold--1.aspx
A jeweler, pawn broker, gold refiner or scrap gold dealer will buy the stuff in the back of your jewelry box at a price based on the weight of its gold content, minus a handling fee. He melts down...
https://www.diamond-jewelry-pedia.com/jeweler-profit.html
Generally, jewelers buy gold and ready-made ornaments in bulk at the current rate. They stock this gold and sell at the current prevailing rates. Since, trend-wise gold price increases with time, they make money selling it to you at a higher current rate than what they purchased it for.
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