Is Now A Good Time To Sell Your Gold Jewelry

Is now a good time to sell gold.

Is now a good time to sell your gold jewelry.

Its very rare for any asset to keeping rising continuously for this length of time. Before doing anything else take the time to estimate the value of your gold. For most items that aren t designer gold pieces your gold jewelry will be determined by the weight of the gold. Karat of your jewelry.

Gold has been rising 11 years in a row. 10karat gold has 41 7 gold content 14 karat has 58 5 gold content 18 karat has 75 gold content and 24 karat is pure gold. If you have gold jewelry coins dental scrap or other gold items that you do not use or do not enjoy then you should absolutely sell your gold now. In these tough financial times the price of gold is hitting all time highs.

The gold price should continue rising. The problem is that refiners usually only buy in bulk. Don t sell your gold. It is at these economic crossroads that people often sell their little used valuable jewelry to help pay the bills.

Ways to sell your gold. How to sell gold. Many of them will test your jewelry s gold or silver content right there and offer you a price based on the amount of precious metal. That money can be used to pay down debt take a vacation go towards a downpayment of a house or other useful purposes.

Refiners you ll typically get close to full market value from refining companies. The primary factors driving the rise in the gold price over the last decade are still in place. The advantage of selling locally is that you get your money much sooner sometimes at the same time you receive the offer. Some of the most common jewelry is made of 10 and 14.

Local jewelers or pawn shops the second best pay day can typically be had from these kinds. That makes this an unlikely route for you to sell just a few small pieces of gold. To give yourself the best chance of getting a good deal you should follow these steps. Estimate your gold s value.

After all demand is clearly high for this precious metal. At a marketplace like worthy you can sell your diamond at any time throughout the year and the value will not be affected. If you re considering selling some jewelry you at have have sitting around it s important to note it s very rare to have pure gold. Bring your gold and silver items to a precious metals buyer or coin shop.

Weight of your items. If you wish to sell your gold you want to make sure that you get the most value that you can from the sale.