Reno, NV - In the current economy where many people are out of work, one local industry is booming. Gold and silver prices are at a record high. Gold is at an all-time high, trading at of $1,476.55 an ounce while silver is trading at the highest prices since 1980.
Allen Rowe is the owner of Northern Nevada Coin. The store has locations in Reno and Carson City. The Reno location opened April 5th. Rowe says business is booming. He adds, “With the high gold prices we’ve seen, more people cash in their gold jewelry on the flip side we’ve seen more people investing in gold as a way to protect the value of the currency they have.”