New York, NY (PRWEB) May 29, 2012
Investing knowledge is an important part of any business dealing with gold. Jewelers and precious metals dealers all wonder about the best time to sell inventory. Knowing when gold hits a certain market value has its advantages.
With the new MGS Gold Prices app from Manhattan Gold & Silver, its possible monitor the real-time market situation from anywhere. The suite of tools provided with the MGS Gold Prices app helps simplify the precious metals selling and buying experience.
The free app gives users four unique tools:
Pennyweight (dwt) Calculator:
Convert the weight of gold lot into pennyweights (dwt) – the standard unit of measure for pricing precious metals. Simply enter the known weight (grams, kilograms, Troy ounces, karats, etc.) and the calculator will provide the pennyweight conversion.
London Fixing Prices:
The prices set by the London Bullion Market Association (LBMA) and the London Platinum and Palladium Market (LPPM) are followed by precious metals investors all over the world. The MGS Gold Prices app follows the market by tracking the AM and PM price fixings.
Real-time precious metals prices are available through the app, 24-hours a day. Get real-time platinum, palladium, silver, and gold prices set per troy ounce and displayed in USD.
The MGS Gold Prices app can be tailored to individual investors by using the Price Alert feature. After selecting a high and low price threshold for a precious metal, the user will receive an alert as soon as that precious metal hits either valuation in the market. With Price Alerts, users will always know the best time to buy and sell gold or other precious metals.
In addition to its precious metals refining services, Manhattan Gold & Silver prides itself on providing cutting edge tools and apps to simplify the precious metal selling experience. The MGS Gold Prices app is the latest addition to Manhattan Gold & Silver’s tools and resources for gold selling.
About Manhattan Gold & Silver:
Manhattan Gold & Silver started as a small, family-owned operation in 1985 and has grown into one of the country’s leading precious metal refining firms. Over the years, we have stayed true to our family roots. Our core team—who hand-sorts metals for quicker onsite transactions and gives price quotes to potential customers—has remained unchanged since our inception. We serve all types of businesses with refining needs by processing metals from all types of applications. Our clients are typically jewelers, pawnbrokers, dentists, or any number of industrial firms that produce precious metal byproducts as a result of the work they do—from silver scraps left over after photographic processing to a jewelers polishing material, medical devices and apparatuses, we’ve seen it all. We work with platinum, gold, palladium, and silver.
With our onsite melting and assaying facilities you can be assured a quick transaction for any amount of precious metals, and with exchange rates set daily to the London Fixing, you are assured a fair price. Aside from being a major sponsor of the New York State Jewelers Association, Manhattan Gold & Silver is also active in the community and philanthropic giving – sponsoring many local charity events and organizations.