Since the beginning of time, gold has been valuable, even when it was hard to come by. Back to the third millennium B.C, gold was used to signify wealth. It is still used in that capacity today. The Egyptians used gold as expensive jewelry decoration, with their leader on each necklace or medallion. Then there was the Great Gold Rush in California in the'00s. Nothing was more important to the people than finding gold. Some would sell gold, while others kept it as their most prized possession. Gold has always held an important place in our lives.
Today the price of pure gold is very high, going for over $1,000 per ounce. Some people have predicted that it might even get up to $2,000 per ounce in the near future. This is reason why many people are selling gold items they no longer use. If you have any used jewelry that is just collecting dust in your jewelry box, it may be time to turn it into cash. But what is the right price for your gold?
Since the cash for gold business is booming, there are a lot of gold buyers eagerly waiting for you to turn your gold into cash. They will take just about any kind of scrap gold that you have but example might include: broken necklaces where more than just the clasp or single link is missing, a single earring where the other is missing, out of style bulky gold chains, or just any other gold jewelry you don't wear anymore. Any of this type of scrap gold can be used to turn into cash which you can then use however you'd like. And this stuff doesn't even have to be broken. It can just be jewelry you don't wear anymore like a class ring. Think about this - if you never even take it out of the box anymore, any price is a good price.
Now comes the more difficult part of finding a gold buyer. Normally you're going to want to contact a gold refiner with a good reputation who is BBB accredited. Then they'll send you a gold kit to mail in your gold into them. You may have more gold around your house than just jewelry, so do a quick search around before you seal up the package. The kit generally has labels with the address already on it so you just have to stick them on and pack away your gold and mail it in. When the company finally gets your jewelry, they will appraise it and then send you some kind of offer. At that point you can either accept or reject it. If you turn them down, they will send you your gold back (which is one of the important reasons to pick a reputable buyer since some may not).
Let's look at a few factors that will impact the amount of cash offered for your gold. Pure gold may be close to $1000/ounce but jewelry is almost never pure gold because pure gold is too soft for jewelry making. Depending on pure your gold is will depend on how much an ounce gold buyers will pay you. Another issue is that the price of gold fluctuates minute to minute like the stock market. Your offer price will not change minute to minute but it is easy for it to change from day to day depending on the gold market. Some gold buyers may let you lock in a price when you contact them but if the price goes up then you lose out. - 31384
Today the price of pure gold is very high, going for over $1,000 per ounce. Some people have predicted that it might even get up to $2,000 per ounce in the near future. This is reason why many people are selling gold items they no longer use. If you have any used jewelry that is just collecting dust in your jewelry box, it may be time to turn it into cash. But what is the right price for your gold?
Since the cash for gold business is booming, there are a lot of gold buyers eagerly waiting for you to turn your gold into cash. They will take just about any kind of scrap gold that you have but example might include: broken necklaces where more than just the clasp or single link is missing, a single earring where the other is missing, out of style bulky gold chains, or just any other gold jewelry you don't wear anymore. Any of this type of scrap gold can be used to turn into cash which you can then use however you'd like. And this stuff doesn't even have to be broken. It can just be jewelry you don't wear anymore like a class ring. Think about this - if you never even take it out of the box anymore, any price is a good price.
Now comes the more difficult part of finding a gold buyer. Normally you're going to want to contact a gold refiner with a good reputation who is BBB accredited. Then they'll send you a gold kit to mail in your gold into them. You may have more gold around your house than just jewelry, so do a quick search around before you seal up the package. The kit generally has labels with the address already on it so you just have to stick them on and pack away your gold and mail it in. When the company finally gets your jewelry, they will appraise it and then send you some kind of offer. At that point you can either accept or reject it. If you turn them down, they will send you your gold back (which is one of the important reasons to pick a reputable buyer since some may not).
Let's look at a few factors that will impact the amount of cash offered for your gold. Pure gold may be close to $1000/ounce but jewelry is almost never pure gold because pure gold is too soft for jewelry making. Depending on pure your gold is will depend on how much an ounce gold buyers will pay you. Another issue is that the price of gold fluctuates minute to minute like the stock market. Your offer price will not change minute to minute but it is easy for it to change from day to day depending on the gold market. Some gold buyers may let you lock in a price when you contact them but if the price goes up then you lose out. - 31384
About the Author:
Hank writes articles on a website where he teaches people about cash for gold scams and how to find the best gold buyers out there. If you want to learn more about selling gold for cash visit his site.
