High gold and silver prices are making this a good moment for people in Hawaii to cash in old jewelry and coins, though buyers are the ones setting the terms.

• Gold jumped again, tracking back toward $4,500 an ounce, with silver rising too.
• Broken or unworn gold, silver and platinum jewelry, coins and sterling silver are all fetching strong cash right now.
• Sellers in Hawaii usually face high shipping costs to move metal off the island, which pushes them toward local buying events.
• One recent seller turned inherited silver bars bought for a few dollars an ounce decades ago into tens of thousands.
• Free appraisals run October 7–10 at the Ala Moana Hotel, with shorter stops at Pearl Country Club and Embassy Suites Kapolei.

Outlook: As long as metal prices stay near records, expect more pop-up buying events and more people selling family jewelry rather than holding it.