Gold Rises 9.6% in 2011 – Cash for Gold Prices Increase Over 50% in Win for Consumers

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Between the price of gold's incredible run higher and the power of online consumer reporting, cash for gold payouts are at record highs thanks to the growth of companies like Express Gold Cash.

"...they paid 50% more for my gold than online competitors..."

Express Gold Cash - Another year, another great run for gold. Gold prices have been skyrocketing since 2002, rising from $300/ounce to over $1900/ounce in September of 2011. Since their high in September, prices have receded back to close the year at over $1566/ounce, a 9.6% increase in the price of gold for 2011.

The return of Gold outpaced equities yet again, with the DOW Jones Industrial average posting 5.5% gains and the S&P 500 ending the year essentially unchanged.

Not only has the price of gold continued to increase, the payout amounts in the "cash for gold" industry increased by as much as 50% for 2011. This big win for consumers, who can now expect to receive much closer to market value for unwanted or broken jewelry, is largely due to the power of online consumer reports and reviews.

Janis Baron of Pittsburgh, PA credits online research and review websites with her fast and easy cash for gold exchange.

"Thanks to online reviews I was able to find Express Gold Cash. Based on the comparison reports I read, they paid more than 50% more for my gold than online competitors and local gold buyers," Janis explained. "Plus it was fast, guaranteed, and fully insured."

The professionals at ExpressGoldCash.com appraised Janis’ gold and sent her payment of $689 in less than 6 hours after receiving her secure Gold Pack through the mail. From printing a free mailing label off ExpressGoldCash.com to receiving payment, the entire process took less than 2 days.

"The Internet has really helped give consumers a voice," said John Kolokouris, President of Express Gold Cash. "Instead of spending a lot of money on advertising like our competitors do, we give that money to our customers. We rely on word of mouth and referrals to spread the word about our great customer service and highest payouts in the industry."

Social media and consumer review websites are making it easier for customers to do exactly that. And that’s great news for people trying to sell old and unwanted gold. According to several reports, Express Gold can pay up to 4 times more than popular, heavily-advertised websites. With more and more customers getting smart, reading reviews, and sharing their experiences, overall payouts for cash for gold services could have increased 50% or more in 2011.

With many experts predicting that Gold is at the highest it will be all year, it might be a good time to turn your gold into cash. As the saying goes, "Buy low, sell high." Gold is opening the year the highest it has in history.

Visit ExpressGoldCash.com for more information or to request a free Gold Pack today.

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John Kolokouris
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