Gold, silver prices are on the rise

Gold and silver prices are rapidly increasing amid the pandemic, and one jeweler in Mankato is seeing an increase in business

Gold, silver prices are on the rise

MANKATO, Minn. (KEYC) — Save Mor Jewelry deals with buying and selling gently used jewelry and coins.

They expect more people to trade their accessories for cash due to the pandemic hitting people’s incomes.

Manager Jackie Bennett says she’s surprised to see gold prices at their current levels.

“Right now, gold is at the highest it has ever been and we are paying more than we ever have historically. For scrap gold, scrap jewelry, or jewelry that people no longer want and as well as gold coins and as well as silver.”

The price of gold was $1,961.80 per ounce and the price of silver was $24.36 per ounce at market close on Wednesday.

Stock Prices at Market Close - 07/29

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