Gold prices are soaring. So too, are the number of impromptu gold based businesses in the Southland.
The high price of the metal—it's been hovering around $1,700 an ounce since late last week—has brought a new gold-buying shop to . We Buy and Sell Gold, which the village classifies as a jewelry store, opened recently at 7112 W. 171st St.
The site was home to the village’s first and only pawn shop, which closed late in 2010 after its owner violated the terms of his arrangement with the village and purchased four antique guns.
The new business' store hours are Monday through Friday from 10 a.m. to 6 p.m. and on Saturdays from 10 a.m. to 4 p.m. It's closed on Sundays.
A gold buying store called K.E. Jewelry opened recently at 15810 S. Harlem Ave. in the plaza in Orland Park. Hours are Monday through Saturday from 10 a.m. to 6 p.m. It's also closed on Sundays.
They join three other gold buying stores that have rebranded themselves Gold Max after doing business for a long time as Midwest Gold Buyers. Those stores are in Orland Square Mall, 14700 S. LaGrange Road and at 7928 W. 159th St.
Old World Pizza Replaces Capri Express in Tinley
Original Old World Pizza, also known as "Fat Ricky’s," is taking over the space at 16703 S. Harlem Ave. in Tinley Park, where Capri Express used to be.
in 2010 and the chain began in Elmwood Park in 1963. There are currently locations in Shorewood and Romeoville.
Calls for more information were not returned.
Pama Has New Home
Pama Hair Studio closed in Frankfort in November but didn’t go out of business. It relocated to 16060 S. Oak Park Ave. in Tinley Park.
Owner Patricia Okai said the new location is a little smaller than the Frankfort location.
“We have three stylists,” Okai said adding there was room for one more stylist.
For information, call 708-633-1762 or visit their website.
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You can also catch up on Comings & Goings in other parts of the Southland at www.southlandbusinessnews.blogspot.com.