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30 W 47th St, Suite 906 · New York, NY 10036 Mon–Fri 10am–6pm
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Diamond District · NYC

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Free appraisal on 47th Street. Tested and weighed in front of you, priced off live spot, paid the same visit.

Free appraisal · No appointment · Paid the same visit

Priced off live spotYou see the same market number we do.
Tested in front of youXRF analysis and certified scales, at the counter.
Paid the same visitCash, check or wire before you leave.
Licensed NYC dealerNinth floor at 30 West 47th Street.

Official Press Releases & News

Official press releases and news from The Precious Metals Group — NYC’s trusted gold, diamond, and luxury watch buyer since 2010.

Press Contact: Avi Kessler, CEO · (212) 840-0415
30 W 47th St Suite 906 · New York, NY 10036


📈 March 2026 — Press Release

Central Banks Are Hoarding Gold — Here’s What That Means for Your Old Jewelry

China’s central bank has purchased gold for 15 consecutive months. J.P. Morgan, Goldman Sachs, and Bank of America have all issued bullish forecasts. The same forces driving governments and institutions into gold are putting everyday New Yorkers on the right side of a historic trade — if they act now.

Read Full Release →


💍 March 2026 — Press Release

Is Your Jewelry Drawer Sitting on a Gold Mine? NYC Expert Says Most People Have No Idea What Their Gold Is Worth Right Now

With gold up more than 100% in two years, everyday items — broken chains, old rings, dental gold, inherited coins — are worth dramatically more than most New Yorkers realize. The Precious Metals Group is helping residents turn forgotten jewelry into immediate cash with a transparent, 15-minute process.

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📈 March 2026 — Press Release

Gold Just Hit $5,000 an Ounce — NYC Expert Says Now Is One of the Best Times in History to Sell

Gold recently hit an all-time high of $5,595 per ounce. For New Yorkers holding onto old gold jewelry, inherited coins, broken chains, or even dental gold, that price surge translates directly into real money. The Precious Metals Group urges residents to act while gold prices remain at historic highs.

Read Full Release →


About The Precious Metals Group

The Precious Metals Group is a licensed and insured precious metals dealer based in Midtown Manhattan. Since 2010, we have provided New York City residents with transparent, fair-market pricing for gold, silver, platinum, diamonds, and luxury watches. We hold a perfect 5.0-star rating on Google across 17 reviews.

CEO: Avi Kessler · Founded: 2010 · Location: Midtown Manhattan, NYC

Get an offer

Tell us what you have.

Send photos and we'll come back with a realistic range, usually the same business day. No obligation, and nothing here commits you to selling.




    We'll text or call — whichever you prefer.





    The more detail, the tighter the range we can give you.



    Good light, flat surface, and a close-up of any stamps.

    Or skip the form — call (212) 840-0415 or just walk in weekdays 10am–6pm. We never share your information, and a photo estimate is not a binding offer either way.

    Find us

    30 W 47th St, Suite 906

    Ninth floor, between Fifth and Sixth Avenue, in the middle of the Diamond District block. Walk-ins welcome Monday to Friday, 10am to 6pm.

    Subway

    B, D, F, M to 47–50 Sts–Rockefeller Center — exit at 47th Street and walk half a block east. Closest stop, under two minutes.
    N, Q, R, W to 49 St, then two blocks south.
    7 to Fifth Ave–Bryant Park, then five blocks north.
    4, 5, 6 to 51 St, or to Grand Central–42 St and west on 47th.
    1 to 50 St, then east toward Sixth Avenue.

    Commuter rail

    Metro-North into Grand Central Terminal — roughly a ten-minute walk west along 47th Street, no transfer needed.
    LIRR, NJ Transit and Amtrak into Penn Station — take the B, D, F or M uptown one stop to Rockefeller Center, or walk about fifteen minutes.
    PATH to 33rd Street, then the B, D, F or M uptown.

    Bus

    M1, M2, M3, M4 run along Fifth and Madison Avenues and stop within a block.
    M5, M7 run on Sixth and Seventh Avenues.
    M50 crosstown covers 49th and 50th Streets.

    Driving & parking

    There is effectively no street parking on this block. Several garages sit on 47th and 46th Street between Fifth and Sixth, and more along Sixth Avenue — booking ahead through a parking app is usually cheaper than the drive-up rate. From the FDR, exit at 49th Street and head west. From the West Side Highway, exit at 56th Street and head south and east.

    Coming in with a large lot

    If you're bringing a significant quantity, call before you come. We'll have the right person at the counter and can arrange for you to come up without waiting. For estates and bulk lots we can also discuss secure transport.

    Call Get an offer