Teasco Now In Gold

Tesco, the large supermarket chain has now introduced the Tesco Gold Exchange, which is a cash-for-gold service, much the same as we see in Tesco's throughout Asia. In a nut shell it allows consumers swap their unwanted gold for cash . Tesco are offering £7.81 p/gram  of common 9ct gold. The exchange value it claims is more than some of the competing retailers in the market, reports say.
Cash-for-gold is fast catching up as a service offered by retailers to attract consumers, with consumers ready to exchange unused gold lured by the high gold prices - in November’10 it touched a record high of $1,424 per ounce and is still at $1,407.96.
Tesco’s cash-for-gold is accessible on its website and 15 of its 2,482 stores, as it is implementing this service on a trial basis to make the ‘process transparent and easy to understand for customers’, reports suggest.


Gold Information