Where Do Jewelers Buy Gold File
: Instead of large bars, jewelers often buy "casting grain"—tiny, rice-sized pellets of gold. These are pre-alloyed into specific purities like 10K, 14K, or 18K, making them easy to melt down for custom molds.
: Some jewelers buy bulk scrap from local pawn shops that lack the facilities to refine the metal themselves. 3. Wholesale and "Memo" Inventory where do jewelers buy gold
: Some jewelers use Bullion Exchanges which store tens of millions in gold in high-security vaults. 2. Scrap Gold from the Public : Instead of large bars, jewelers often buy
Many independent and "mom-and-pop" shops obtain a significant portion of their gold by buying it directly from customers. : Instead of large bars