Gold refinery in Miami
Miami is one of the few cities in the United States that has more than 20 pawn shops. Looking at Pawnguru, there are 139 pawn shops close to Miami, which if we consider that the population is 454,279 people, the density per capita of pawn shops is one of the highest in the country. We all know that Miami is known as the Magic City for its luxury lifestyle and beautiful golden beaches, and speaking about gold, with so many pawn shops, is there a big market for a gold refinery in Miami?
Looking for the best gold refinery?
Pawn shops’ presence can be a great indicator of the gold market in any place, given that they generate about US$3 billion a year and that jewelry and precious metals are the third most pawned article, after electronics and antiques. So, we have established that there is a big gold market in Miami, but gold refineries in Miami are a different subject.
Interestingly enough, there is no natural gold in Miami or in the rest of Florida. Most gold flow in the city comes from the jewelry market that is fueled by the more than 23 million tourists that Miami welcomes every year.
You can of course find some gold refineries in Miami, but if you take a closer look at their reputation, you will realize that they can’t compete with a company that operates on a national level. Here you can see the top 5 results to compare:
- Kaloti Metals & Logistics, 4.3 starts with 10 Google reviews
- Atomic Gold Inc, 3.0 stars with 4 Google reviews
- NTR Metals, 2.3 stars with 3 Google reviews
- World Precious Metals Inc, 3.0 stars with 2 Google reviews
- BMX Metals, 5.0 stars and just 1 Google review
Core Scientific, which is the national leader of gold refining, has 43 reviews with an average of 4.6 stars. We are also an INC 5,000 company, one of the fastest-growing companies in the United States.
We believe the biggest issue for someone in Miami looking for a gold refinery locally is to trust a nationwide leader like us because it generates a sense of security to work with someone closer. The truth is that we have higher security standards: we use FedEx to pick up your material, we process it in our in-house laboratory with security cameras to provide security throughout our process, and you have access at all times to our customer portal to follow the processing steps.
If you want more information about gold refineries, here we leave you some resources: