Boom In Gold Prices Prompts Thefts

Boom In Gold Prices Prompts Thefts

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Police believe "cash for gold" companies are prompting a recent surge of burglaries across the UK. MPs are now calling for the numerous adverts to be banned from our screens as burglars are tempted by the easy cash. The highest gold prices in recent years mean that companies can promise a profit by sending unwanted or broken jewellery to them through the post.

A recent spate of gold-related burglaries in North Yorkshire has caused particular concern as due to the disproportionate theft of jewellery. Head of Harrogate Police, Superintendent Ken McIntosh, said of the recent crime wave to hit the area, "we have had a concern for some time that "cash for gold" makes jewellery more attractive to steal". This is because the process for sending the gold is very simple, you just post it off and there are no provenance checks made by the company as to where it came from.

It is also harder to catch thieves in the act as they carry "cash for gold" bags with them, which they can post directly after leaving the scene, and when caught by police will have nothing on them to prove they were involved in the burglary. Jewellery is now the target of theft rather than vehicles and easily saleable items like games consoles or DVD players that thieves typically looked to steal. Recent burglaries are thought to be causing an increase in home insurance rates in certain areas of the country.

The Post Office is collaborating with police in Harrogate to determine the laws of searching post boxes for stolen items and vital clues. There is concern that "cash for gold" thefts are a national trend. "Cash for gold" companies need to acknowledge that their businesses attract dishonest people and that they need to improve the security measures they use to trade.

In the meantime, home owners are urged to stay vigilant and to increase the security of their homes.


About the Author:
The price of silver costume jewellery is very reasonable and costume jewellery makes a wonderful gift.



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