Gold Made Simple

Gold Made Simple

January 28, 2010 03:00 ET

Firms Buy Gold in Your Living Room!

The recession in the UK might be officially over, but at least one of its effects looks set to stay.

MANCHESTER, UNITED KINGDOM--(Marketwire - Jan. 28, 2010) - Gold Parties exploded in popularity during the economic downturn and this increase in take up of the household held events does not look set to slide. The 'parties' essentially involve specialists coming into your home to value and buy gold from you and the friends you invite round. Unlike the Tupperware parties of the past, your friend and invitees don't need to spend anything and could walk out with cash or a cheque for old gold they didn't even realise was worth anything. This concept proved particularly popular with cash strapped Brits during the 18 month long recession. As well as cashing in on their old jewellery items and trinkets, the hosts of the parties can also earn a commission on the total value of all gold sold at their parties up to 10% with some companies, making the events potentially a great little earner of a social event.

Gold has long been seen a good investment and while the dollar and pound found themselves in something of a freefall during the recession, gold remained a firm favourite with investors as its price crept further and further up to record levels during the downturn.

The extra gold related media coverage this attracted contributed to the rise in companies offering 'Gold Parties.,' and irrespective of the announcement about the official end of the recession, the Gold Party looks set to stay.

For further information about buying gold or for up to the minute information about the price per ounce, visit Gold Made Simple.

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