How to sell gold jewelry for cash
When people talk about selling gold I usually wonder how I can sell my gold jewelry for
some extra cash. I have asked a large number of people, and they suggested me that I
should try selling some small piece of gold at first and then I would know the procedure
correctly. Therefore, I decided to sell my gold ring, which was quite heavy and old.
When I went to different pawn shops and jewelry shops, I was surprised by the price
difference offered by them. However, the best price offered to sell me gold is by online
Now let's see how to sell gold jewelry in detail and how you can make a maximum
profit by selling gold jewelry for cash.
Have a look at Sell gold jewelry for cash
When to sell gold:
Mostly, people are confused when they ask themselves that if this is right time to sell
gold. In these times where price of everything is climbing high the price of gold is also
at its highest value. However, this price cannot increase forever. Therefore, these are
times to sell gold and earn a maximum profit out of it. You can invest this money in
business activities and earn huge revenues also.
Value of gold:
The first step regarding selling gold for cash is to know the value of your gold. The
value of gold depends upon two factors. One is the present market value of gold in
grams and the second is which can help to know your value of gold weight your jewelry
and its purity. The purity of gold is determined in Karats starting from 10 karat to 24
Karat. The higher the number of karat, the more expensive your jewelry will be.
Selling options for gold:
The second thing, when you want to know how to sell gold jewelry for cash, is where to
sell your gold. You can find various pawn shops and jewelry shops where you can sell
your gold. However, both parties are middle man in this purchase. Therefore, they can
offer you limited cash for the sake of their own profit. At jewelry shop, you can only
receive good price of your jewelry if it is in perfect shape otherwise you will only get
price of scrap.
Have a look at Sell gold for cash
Online gold buyer:
However, you can find a large number of online buyers for your gold jewelry, which can
offer you maximum price for your gold. These buyers are actually gold refineries and
they deal with you directly without any indulgence of middle man.
This procedure is quite quick as your gold is with them, which you have to send my
mailing kit and they try to retain confidence of other parties. They make maximum offer
to you against your gold. This way, you can get good cash against your gold .These
methods are different ways of selling gold jewelry for cash.
Have a look at Sell old gold for cash