You could say people who own gold have now struck gold. The price per ounce topped at a thousand dollars, and while it drew back slightly it seems, some believe, this high price will stick around for a while.
This is actually the third time gold has hit the thousand dollar mark. But it seems as long as the dollar weakens, gold seems to get stronger.
It certainly does make people think about selling their gold jewelry. Like any market, the price can go up or it can go down, at any time. So be careful and if you do want to sell, pick a business you trust to give you the best price for your gold.