Gold rush: Price surge prompts Oklahomans to start new businesses
Gold prices rose steadily from 2008 to 2011, prompting an increase in the number of gold dealers in Oklahoma.
In search of a new career, precious metals dealer Sandra Ward opened Silver and Gold Exchange in a strip mall near NW 17 and Portland Avenue in November after seeing how well a friend was doing in the cash-for-gold business.
These 1-ounce silver bars are for sale at the Silver and Gold Exchange at 1715 N Portland in Oklahoma City. Photo By Paul Hellstern, The Oklahoman
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“I saw they were making pretty good money and thought I would give it try,” she said.
Ward’s business is situated in a sparse storefront about the size of a walk-in closet. It is...
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