Sell Gold Jewelry – Why Now Is The Perfect Time To get rid of your gold,silver or platinum jewelry
You will find that there is no better time than now to sell gold jewelry. Do you know why? In case you have not heard, you have been lost on a desert island somewhere, or you have been too preoccupied with obsessing over all of the negative news pertaining to the state of the economy these days to pay attention to the good news, the price of gold is on a rise as of this writing, valued at well above a grand per ounce. That’s right, you read correctly: You ought to be selling gold jewelry right now because it is valued at well over a grand per ounce!Gold has been on a consistent rise over the past several, climbing well above 20 percent annually, with the sole exception being a 5.6% loss in the year 2008. Even in the 2009, gold has managed to rebound from the global economic meltdown and rebound already, at a 23% increase from year 2008 levels!So what does this mean? It tells you that while the cyclical bubbles and busts, and the rise and decline of the dot coms, the rise and fall of real estate, the decline of the stock market, and the decline of the US dollar, all have proven to be rather risky investments, the only stable investment throughout this entire time has been none other than gold.So if you have been in possession of gold for a long time, now would be a great time to cash in on it, if you are hard up for some money due to this recession that we have just been through.So where ought you be selling gold jewelry? To whom should you be selling gold jewelry to? How can you be certain that you earn the highest value?These are all extremely important questions. There are two parts to the answer:1. Avoid selling gold jewelry to a retail store, a pawn-shop, or a jewelry exchange. Realistically any type of customer-oriented retail shop is a poor idea. Why? This is because these stores are in in business for buying and reselling gold. They want to purchase gold from you for the purpose of of reselling it right away, and earning money in the process. They basically are gold brokers who look to earn a commission using the classic buy low and sell high strategy. So obviously, that they would be be faced with narrow margins of profit and wouldn’t be open to offer you the price that you would like.2. You really should be selling your gold directly to a gold refinery. Why is this the case? Because a gold refinery is in the business of acquiring gold, melting it down, and redistributing the raw gold to other businesses. There exists no middle man. There is no flipping gold for profit. They are able to offer a higher price for your gold due to the fact that the profit margin in this particular situation is greater. Thus it creates a win-win solution that satisfies both you and the refinery.Gold remains a rock solid investment vehicle, and has remained so while at the same time we have born witness to the rise and fall of the dot coms, the housing bubble and burst, the market crash of the year 2008, and the decline of the dollar. So there is no better time than the present to be selling gold jewelry