TRADE YOUR GOLD
BEFORE RUSSIA UNLOADS!

According to media reports last week, Almazyuvelirexport, Russia's precious metals export agent, was expected to sell between 20 and 50 tons of gold on the London Exchange, however, when details of Almazyuvelirexport's transactions leaked, the gold price consequently dropped last week from $1,060 to $1,036/oz, advised by Sergei Gorny, Almazyuvelirexport's deputy head, that "The sale of gold in the time period and volumes published in the media will not happen." Two days later, a ministry official told Interfax that The Russian Finance Ministry, has not shelved plans to sell gold from Gokhran, the state precious metals and gemstones repository, adding that they could sell approximately 25 tons of the metal, possibly on the domestic market.
Deputy Prime Minister Alexei Kudrin, who is also the country's finance minister, admitted a metals sale "is being considered," but declined to say when gold might be sold, how much or why. "We're still studying this issue. I'll be making an announcement in the next few days," Kudrin said.
So, perhaps now is the perfect time to cash-out by sending your old gold to FCI for cash or if you really want lasting investment value, an item of jewelry that has been reduced for sale. Now is the perfect time to take advantage of FCI low prices, the gold highs and the flat economy, keeping jewelry prices low. If the gold price dropped $24/oz on a rumor, what effect will between 20 and 50 tons have on the gold market price?
But don't take our word for it, view some of our Trade-ins and read their Customer Comments on our ChitChat Jewelry Blog.

If you're ready to make a trade and you don't have pictures, appraisals or certificates of your jewelry and you're not sure of the value, simply pack it well, fully insure it and send it to FCI for an immediate cash or trade-in offer. But first, check our BBB 'A' Rating from our Home Page to be sure that you will be as thrilled as every one of our former traders.