Money Watch Q & A: Cashing in on Gold - KTVN Channel 2 - Reno Tahoe Sparks News, Weather, Video

Money Watch Q & A: Cashing in on Gold

Posted: Updated:
Kristen Remington
Channel 2 News

When the stock market is down, it is not unusual for gold prices to go up, because of anxiety among investors. And right now is no different.

Today gold shot up more than $1,800 an ounce. 

So, what does that mean for you? 

Find out in tonight's Money Watch Q & A. Jacob Peterson is with the Reno Gold Exchange and he is seeing an influx of people coming in to sell their gold jewelry, coins, even gold teeth!

Peterson says he pays up to 80% of fair market value, which could mean some quick cash.  If you have a question, call Jacob at 858-2222 between 5-6pm tonight.

The Reno Gold Exchange is located at 200 S. Virginia Street, on the 8th floor of the Wells Fargo Bank building. For more information, call (775) 996-1895. 

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