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The phenomenon that is “The Gold Party” has maintained high success and popularity in the United States for the past two years.  The trend that is replacing dated Tupperware, Mary Kay, and Pampered Chef style parties is now gaining momentum in countries like Canada and the United Kingdom.  In August, Australia had its very first gold party!

Why is the U.S. started trend of gold parties sweeping the world?  With the price of gold hovering over $1,000 an ounce and the current global recession people are seeking quick and easy ways to gain additional income.  In a nutshell, guests invited to a gold party simply bring any of their broken, old, unwanted, or unused gold jewelry and a professional jeweler at the party will appraise and pay in cash for the gold items on the spot.  The host of the party will also receive a commission for all gold sold.

The appeal of gold parties is that the host and guests usually earn hundreds to thousands of dollars in one evening by getting rid of items they will probably never use.  The jewelers will not only buy gold jewelry and items, but they will also buy silver and platinum.  With gaining popularity and a reputation for providing guests with good service and high payouts for gold, one can only expect gold parties to become the most popular and lasting social event on the worldwide scene.

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The Gold Standard