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Various UK media organizations have undertaken trials of Cash4Gold's UK service and found their valuation greatly below the independently assessed fair market value. For instance, in November 2009, the BBC's Newsbeat program had gold valued by an independent gold bullion dealer in Mayfair, London, at around 300 GBP.
The UK government's intention to sell gold and reinvest the proceeds in foreign currency deposits, including euros, was announced on 7 May 1999, when the price of gold stood at US$282.40 per ounce [9] (cf. the price in 1980: $850/oz [10]) The official stated reason for this sale was to diversify the assets of the UK's reserves away from gold, which was deemed to be too volatile.
Gold attracts various forms of fraudulent activity. Some of the most common are: Cash for gold – With the rise in the value of gold due to the financial crisis of 2007–2010, there has been a surge in companies that will buy personal gold in exchange for cash, or sell investments in gold bullion and coins.
Express Gold Cash offers competitive rates, paying as much as 90% of the gold bullion value and up to 85% of refined jewelry value, dependent on the current market price.
4/5 The story of the 1983 Brink’s-Mat robbery is brought to life in this BBC One drama starring Hugh Bonneville, Dominic Cooper and Jack Lowden
Executive Order 6102 is an executive order signed on April 5, 1933, by US President Franklin D. Roosevelt "forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States."
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