Author Archives: Ashley Whitfield

Looking To Get Started In Gold Investing? Read This First!

The only thing standing between you and a smart investment opportunity in the gold market may be a little good advice, and this article is the place to get it! You should not feel afraid. Learn all you can and begin your gold investment adventure. Read these tips to get you started on your journey into gold buying and selling.

When you invest in gold, the best way to invest in is bullion bars. They are available in various weights. Bars may be a half ounce, 400 ounces or anything in between. If 400 ounce bars interest you, know it will be hard to find them.

Gold prices change quickly and often, so know the current value before you attempt to sell any. Don’t forget to take into account the different karat values of your gold pieces. You should not sell jewelry as gold scraps if its worth is higher because of the brand or design.

It is important to only do business with people who have a good reputation. Check the reputation using the BBB and online reviews. Reputable buyers usually pay fairly for gold, and they often have much better customer service versus the less reputable ones. Don’t let yourself be taken advantage of.

Melt Value

When selling gold, you must decide whether you’re selling a piece for its melt value or just jewelry. Most buyers will offer you just the melt value for your gold. Selling your unique gold pieces to a collector can end up netting you more money.

GoldMoney could be a good resource when you want to buy gold. It’s akin to opening up a bank account but with gold instead. You establish your account and deposit your money, and they assign you a certain amount of gold equivalent to the value of your initial deposit. Instead of keeping up with the gold in your own home, it is stored in a secure bank vault. You can cash it out, divide it, or redeem it.

Do your homework about the market value of gold before you sell. Look to see what others are asking for when it comes to similar prices. This lets you determine a fair market value starting price point. Request a bit more than you will settle for to give yourself some room to bargain.

Ask what method is used to determine the purity or karats of your jewelry. Many pieces of jewelry will be stamped with a karat rating. Sometimes, however, you won’t be able to see any kind of a stamp, so the people should have another way to figure these things out. An acid test can be a very simple way of doing this, so be aware of that.

Research how the gold market is doing before investing. You will find that there are fraudsters waiting at every corner wanting to take you for a ride. However, you have to be aware of unfounded promises regarding quick riches. Gold won’t get you rich overnight, so don’t expect as much.

Talk to the BBB before selling your gold to a jewelry store, dealer or gold buyer. They are sure to have information about each business, as well as data on any complaints filed. Pay special attention to any complaints and if they were resolved or not. A multitude of unresolved complaints is a good indication you should do business elsewhere.

This article has given you the advice that will help you begin with your new interest. Use these tips to help you become a master gold investor. Before long, you will see the many benefits that are available by investing in gold.

Use These Ideas And Increase Your Gold Knowledge Today!

Gold has gained popularity in the recent years. People are continuing to invest in gold to protect their wealth. Find out how to get the best return on your gold investment.

Stay with reputable firms when selling gold. Check reputations at the BBB and via online reviews. If you are being offered good customer service and an honest price for the gold, then you are dealing with a reputable buyer. Don’t let yourself be taken advantage of.

Scrap Gold

If you’d like to leap into the world of gold investing without having to pony up a large amount of money at the start, buying scrap gold may be the right tactic for you. After a year of buying a little gold each payday, you could end up with a valuable collection of scrap gold. Be sure to stash your gold safely away until you decide to sell it.

If you intend to convert your gold jewelry into cash, you’ll have to choose between selling it as jewelry or for the “melt” value of the gold it contains. Most buyers will offer you just the melt value for your gold. It may take longer to find the right buyer, but you will get more money this way.

Find out the spot price for gold on the day that you’re planning to buy. Many sites offer this information, plus it changes every day. You shouldn’t pay more than 8 percent over the spot price. There are dealers who attempt to charge a higher amount, but they are unethical and simply overcharging.

Your buyers should always have gold-buying licenses from the state. There’s always a risk of getting ripped off, but a buyer who is licensed poses far less risk of this occurring. There are a number of people out there willing to buy, so avoid thinking you have to go with the first buyer you see.

Go through thrift shops and antique stores looking for gold. A smart and educated gold shopper can make some great finds. People frequently give these things away without understanding their value. If you are smart, you can make a great profit.

Research the daily spot price before you sell your gold. Also, ask around to find out how much similar pieces are going for. That way, you will have a good starting point. People will haggle, so ask for more than you will actually settle on.

Always make sure you’re researching the gold market prior to investing in anything. There may be people claiming to be market gurus who are trying to lure you into investing with them. However, you need to be very careful when it comes to promises about making you rich. You will certainly avoid the getting rich quick way of thinking if you have realistic expectations.

You should appraise your jewelry before selling it for scrap gold. You should do this for special pieces. Unique pieces may be worth more intact than they would if eventually melted down. Although you will probably have to pay for an appraisal, you might find you have something worth a lot more than you thought. Appraisers also may know of an interested party for your precious jewelry.

Solid Gold

Sometimes an item will have solid gold backing; although, the jewelry is not solid gold. In many cases ring bands and the clasps of necklaces are real gold too. If you want to sell these, though, you need to get quite a few of them together to make it worth it. Selling in quantity increases your profit.

Gold has always been an integral part of people’s lives. When armed with the appropriate information, investors from all walks of life can safely invest in gold as a solid source of investment. Hopefully the information you gained from this article has made you wiser towards gold.

Curious About Trading With Gold? Try This Expert Advice

If you are a serious investor, then you need to know the basics about gold investment. Gold can add much needed diversity to your portfolio. But, where do you begin? All of your choices may overwhelm you. Read on to simplify the entire process and get started with gold investment basics.

Go with a reputable gold vendor when selling. Use both Internet reviews and BBB complaints and information to discern someone’s reputation. A good buyer is going to give you a good price, and will provide you with superior customer service too. Protect your gold investment by doing this.

Prior to buying a piece of gold from a seller, make sure you schedule for timely delivery. If delivery isn’t immediate, then you need written confirmation from the seller about your pieces. You should have the date of delivery clearly listed. Don’t go through with the order if they can’t provide you with the delivery date in writing.

If the gold price is not to your liking, perhaps going with gold-filled or gold-plated jewelry is something to consider. However, you can still find a deal now and then, which you can turn around and sell for a profit. You can usually find more affordable gold jewelry online, or if you visit pawnshops.

If you’re sending your gold to some company via the mail, check them out before doing business with them. The last thing that you want to do is lose money because of a flawed shipment. Lastly, take a photo of all that you placed in the package in case there’s an issue later.

When you buy gold jewelry as a gift, be sure to understand the return policy and get a gift receipt. You can’t be sure of another person’s preferences; they may not care for it. For this reason, it is important to purchase jewelry items that come with a money back guarantee.q

Never neglect the idea of hunting in antique shops or flea markets to find gold. If you are aware of what to search for, you can find bargains in these places. Many people do not realize what they have and sell it or donate it to these shops. You can reap the benefits of their loss if you do your homework first.

Prior to picking a gold buyer, comparison shop. You’d be surprised in the variance of prices you’ll get offered. Shaking hands with a buyer who brings you the first offer may actually shortchange you. Invest the time into the process, and you will be rewarded in the end.

Be certain to review the sales contract carefully. If you sell gold through a mail-in purchaser, make sure you understand the terms of the deal. Then you can determine how much you will lose to fees.

Talk to the BBB before selling your gold to a jewelry store, dealer or gold buyer. You should easily find basic facts concerning the specific business, as well as complaints and reviews from previous clients. Pay special attention to any complaints and if they were resolved or not. If they have a ton of complaints or many that are unresolved, you should consider a different business.

Read each form thoroughly when meeting a gold dealer. This business is about the dollar signs, and you must recognize this. You have to protect your investment, too. If the terms are not agreeable to you, get ready to move on. You have to make sure you financially protect yourself.

Figure out who your dealer really is before you buy gold from them. To ensure your dealer is reputable, check with the Better Business Bureau. You will be able to learn if there have been any complaints lodged against them. If they aren’t resolved, move on.

Understanding how to invest wisely in gold is essential to having a bright financial future through portfolio diversity. This article has helped you with that, and now you’re ready to make some decisions. Keep in mind the advice that has been told to you, and get moving in the right direction.

Hard Time Understanding The World Of Gold? Check Out These Tips!

Gold markets have experienced an incredible uptick in interest and participation in the past few years, mainly due to investor interest in finding a safe, reliable place to warehouse personal wealth. Before you invest in gold, you must learn the ins and outs and know what you are doing. Keep reading to learn what all gold investors ought to know.

The high price of gold may give you the idea that gold-filled or gold-plated jewelry is better. You do not have to spend lots of money at a jewelry store to buy nice gold jewelry. Find cheap gold in pawn shops or online.

Check the current price in the gold market before you sell your jewelry. This way you will already know what to expect for your gold. The majority of dealers will offer you market value for your gold, but some know that sellers just want to convert their items into cash quickly, and they take advantage of the buyers.

If you’re thinking of supplementing your retirement funds with the help of gold investing, it’s important to understand what type of gold to invest in. Your gold has to be IRS approved. You need to buy only 24-karat bullion coins or bars. Lean towards buying the bars over the coins as they hold more value than coins.

Make sure you know the spot price of gold the day you plan to buy or sell. This information is available on a number of websites. Never pay any more than an 8 percent markup on the gold prices. Some dealers will try to charge more, but they are overcharging and oftentimes, not ethical.

Thrift shops, antique stores and estate sales can be fantastic sources for finding gold jewelry at a good price. If you have an idea of what you are seeking, you can really find a bargain in these places. Many people sell or donate at these shops for low prices due to being unaware of what they own. If you do some research, you can benefit greatly.

It is important to understand that market before becoming active in it. While there are unscrupulous traders and companies in every market, the gold trade is particularly noted for having a healthy helping of scam artists. Despite your best efforts, some buyers and sellers are more than happy to cheat you wherever possible. Always err on the side of caution, and fully research every option before taking it.

Look into market prices of gold before selling it. Check out the competition and what they are offering. That allows you to get an idea of the market value. People will haggle, so ask for more than you will actually settle on.

Knows all the details in a gold sales contract. If you want to sell gold to mail-in gold buyers, read the small print carefully before you sell. This helps you keep better track of how much you have to pay for fees.

Interest in gold has risen in the past few years and keeps growing. But, smart investors will find out about the market prior to getting involved with it. Apply what you have learned in this article to start investing in gold and getting maximum returns on it.

Are You A Gold Lover? Read This

Gold has been valued for centuries. Everyone wants gold, but they don’t know how to get it. If you want to buy or sell gold, read these tips to be the best at it you can be.

When selling gold, it is a good idea to get an estimated value from more than one source. Different gold purchasing entities are at your disposal, and they all require different profits from the purchases. When you have several estimates, you’ll have a better idea of what fair market value is.

Gold fluctuates a lot, so be aware of the purchase price before selling your gold. If you choose to sell gold items, those with differing karat designations ought to be weighed on their own. Don’t sell jewelry that’s worth more than its melt value because of its designer origins.

Make sure to research prospective buyers in advance in order to find a reputable one. The BBB website and other online forums are excellent resources for information on customer satisfaction and a company’s standing. By getting bids from several different gold buyers, you will be more likely to get top dollar for your gold.

You can sell gold online. Visiting a broker to make a gold purchase is no longer required. Many websites are available will help you sell your gold. The online business will provide you with a special kit that you can use to send your gold pieces. If you have everything together, then you will receive the going rate.

Verify the market price before selling your gold jewelry. That way you will be able to ascertain if a dealer is providing you with a fair price or not for your pieces. Many gold dealers will pay market value; however, some dealers try to get your gold cheap.

Whenever you buy gold jewelry on the behalf of another person, make sure that it can be returned. It is hard to tell if that jewelry is going to fit another person, or if that person is going to want it. If that happens, you want to be able to send the jewelry back and get your money back as well.

Figure out what return shipping will cost if you don’t like the offer the mail order gold buyers are willing to give you. While most firms will pay to have you send them your items, they will charge you a considerable amount if you want them back. Know ahead of time if you must pay to get jewelry back.

Be sure the buyer you are considering is licensed by the state to make gold purchases. Licensed buyers are generally more reputable than unlicensed buyers. There is a lot of competition out there, so you can sell to someone else if you’re not happy with the first offer.

Don’t go into the situation blindly when selling gold; always know what the market price is. Also, it might be beneficial to compare prices and see what others are selling similar items for. This is a price point that you can work with. Just make sure to go a little higher than what you actually want so that there is wiggle room for negotiation.

A lot of times, the earring posts are made from solid gold even though the earring may not be. In many cases ring bands and the clasps of necklaces are real gold too. You can sell these small pieces together. This is a bunch of different gold pieces in quantity and can help you to get more money for them.

Clearly, gold is a treasured commodity that has extraordinary trading value. Gold can even gain more value if you keep it for a long time. Armed with your new knowledge of gold investing, you should be ready to get going with gold right away.

Win With Gold With These Golden Ideas

Gold fluctuates in value, but the trend remains an upward one. When dealing with gold, there is always going to be someone who wants to buy, sell or trade it. When there are tough economic times, the price of gold continues to go higher and higher. Read on to understand how to take advantage of this metal’s place in the market.

It is important to research the current value of gold before selling your gold. If you choose to sell gold, weigh and value pieces that have different karat values separately. Avoid selling jewelry that is worth more because of the designer or maker.

Reputable Buyer

Find a reputable buyer to sell your gold to. Contact your local Better Business Bureau to see if there have been complaints filed against a gold dealer. If you are being offered good customer service and an honest price for the gold, then you are dealing with a reputable buyer. This extra step makes sure that you are covered and paid appropriately.

If you are interested in trying gold as a commodity, but you are short on capital for investment, start out with buying scrap. Scrap gold can be purchased in very small quantities (like a little bit every time you get a paycheck) and stored until you have a large enough collection to sell off. However, ensure that you have secure storage for your collection.

If you don’t know what your gold jewelry is worth, consider having an appraisal done. This can cost you a little initially, but you want to know right? If you want to obtain an unbiased value, retain the services of a certified appraiser. Remember, though, that you won’t get the appraiser’s price for your gold.

If you’re going to ship your jewelry to a mail-order buyer, know how much return shipping is going to cost you in the event you don’t accept their offer. The majority of companies pay for you to send the jewelry to them, but they charge high fees to return it to you. Find out how much you will have to spend in order to get your gold back if you decide not to sell it for the price offered.

Know what it is you actually have. Just because it looks like gold doesn’t mean it’s valuable. Usually gold is mixed with other metals to give it strength. This reduces its price though. So, too, can items that are simply gold plated. If you don’t know what kind of piece you have, take it in to be looked at before you try and sell it.

It is crucial that you understand the gold market before you try to sell any. You should shop around to get an idea of what others are offering for similar gold pieces. This allows you to get an idea of what you should be asking for. Always ask for a bit more than you really want in order to allow for negotiation.

Precious Metal

You can use a magnet to test precious metal inexpensively. Gold and other precious metal will not be affected by a magnet, which means that they won’t stick to it at all. Sometimes you’ll find a clasp to be something solid, but everything else is plated. Using a magnet is an excellent way to find this out.

Make sure to conduct independent research prior to investing any money. So-called market experts may really be trying to grab your investment resources with little benefit to you. Any claims that promise overnight fortunes must be taken with a grain of salt. You will certainly avoid the getting rich quick way of thinking if you have realistic expectations.

You should always contact the BBB prior to selling your gold. You can find out about certain businesses and experiences so that you can move forward from there. Take a close look at complaints, and look to see if resolution was achieved. If there are a lot of complaints on their record with the BBB, move on to a different business.

As you should know now, gold is a constant in our financial market. This means that if you want to take full advantage of this fluctuating currency, you need to understand it and how to use it to reach your financial goals. Be in control of your gold investment by using these tips.

How To Support Yourself By Investing In Gold

Investing in gold can be a great way to become financially secure. This can be true if you know what you are doing and invest wisely. This article will get you started with some great tips and tricks which come from the experts.

Changes in the current price of gold will affect the price you will get. Pieces with differing karat values are worth different amounts, and should be weighed separately for selling. Stay away from selling high-end jewelry pieces because they have more value.

Make sure you verify the price of gold the same day you plan to buy it. A number of websites feature this information, and it changes daily. Don’t buy anything marked up over 8% of this. Anything more is unethical.

Don’t brag about your gold purchases, no matter how excited you are. This is because you never truly know who may be listening. Keep it to yourself and protected, either with a decent home safe or in a bank. This is the best way to protect yourself and your gold investment.

Don’t rule out getting gold items from thrift stores or antique shops. If you you’re aware of what to look for, you can find some great bargains. Lots of people sell their items here for low prices, because they are not aware of the value. You can take advantage of this if you just know what to look for.

Do your homework about the market value of gold before you sell. You should shop around to get an idea of what others are offering for similar gold pieces. In this way, you will have a good idea of how to price your gold. Just make sure to go a little higher than what you actually want so that there is wiggle room for negotiation.

Look around before buying from a particular gold buyer. You may be shocked to see how different the offers are! When you just take buyer number one, you may lose money. Spend the required time to comparison shop before making any decisions.

Do not sign anything from a gold dealer without fully understanding what it implies. Gold is a huge market that has some serious money involved in most transactions. You must be aware of any form you’re attaching your signature to. If you don’t agree with their terms, find another dealer. It will pay off to know you have financial protection.

Think carefully before you sell off any gold. Take the time to research gold prices and sell it when the price is at its highest. If you can hold onto your gold, it may benefit you more in the future.

Knowing how to determine the grade of gold is essential if you want to invest in gold pieces. The purity of gold is measured in karats. The higher the karat, the purer and more expensive it costs per ounce. Do not always trust the karat stamp. Understanding how you can test gold’s purity will help ensure you never overpay.

You might not rake in the profits, but you will definitely start building. You will eventually make a profit in the long term if you invest in gold after doing some research. Consistency and dedication are the keys to investing well in any field, and gold is no different.

Top Tips To Get The Most Out Of Buying And Selling Gold

When the recession started, many people looked to investing in gold as a way to weather the tough economic times. But, most people are unaware of the gold market, preventing them from making good choices. Keep reading this article to learn what gold can do for you.

Go with a reputable gold vendor when selling. Contact your local Better Business Bureau to see if there have been complaints filed against a gold dealer. If you are being offered good customer service and an honest price for the gold, then you are dealing with a reputable buyer. Don’t let yourself be taken advantage of.

Precious Metal

Get a good education in precious metal pricing before you try to buy or sell gold. Precious metal prices can fluctuate a lot, so check the markets daily, especially when making a transaction. Gold pieces with fractions of an ounce will command higher prices than pieces weighing one ounce.

Gold prices may be so high that you may feel that it is best to choose jewelry that is gold-filled or gold-plated instead. You still can get gold jewelry items without spending a lot at a local jewelry store. You are able to get gold cheaply in pawn shops or on the Internet.

If you want to start investing in gold but don’t have much money to get started, think about buying scrap. Just keep buying a little every time you get paid, over a year or two you will accumulate quite a little pile. Just make sure you have a safe place to store your little stockpile until it is time to upgrade.

Never pass up an opportunity to search for gold in a thrift shop or antique store. You can find bargains in those places when you’re aware of what you want. Many people don’t understand how valuable their items are, so they sell for cheaper than they could at these places. You can reap the benefits of their loss if you do your homework first.

Always do your homework before investing. There are many unscrupulous companies out there who deal with gold. There are plenty of honest dealers; however, there are also people who are only out to steal your personal information. You need to exercise caution and do your research.

You can invest in gold without collecting it. Gold mining stocks are available. You could also buy shares in a gold fund. If you’re buying bars or gold coins, think about the cost storage when making your purchase.

Karat Weight

Prior to selling gold, make sure you separate it by karat weight. When you get into the weighing process during the sale, the vendor may try and trick you by weighing everything together at the lowest karat weight. That’ll mean less money for you. Have your pieces split up by karats in advance so that you can maximize the return you get out of the sale.

You can actually sell your gold through the mail! Most sellers enjoy this process so much due to its simplicity. You get a mailer that is prepaid, place jewelry inside and send it, and you get a check. Although this method of selling your gold is convenient, you might not get top dollar for your gold. You might even take a thirty percent loss. Understand that going in.

A lot of people are excited to make a lot of money with gold. Most people don’t know what steps to take, though. This article should give you a basic understanding of how to trade gold.

Want To Make Money In Gold? Try These Tips!

How much knowledge do you have in gold trading? Is this the first time you’ve seriously considered it? Do you have a lot of experience but still need more knowledge? No matter which description fits you, there is great information for you in the article below. Your odds of picking up some new (and useful!) information here are excellent!

Go with a legit buyer if you’re selling gold. Look at the Better Business Bureau to gather information about the company to see if their legitimate or not. A buyer with a good reputation will normally pay the going rate for gold, and offer superb customer service than a company than is not legitimate. Make sure that you protect both your investment and yourself.

Always do your homework with regard to any person or entity from whom you are thinking of purchasing gold, and look around for a buyer with a good reputation. You want to determine how the business treats its customers and whether there are outstanding complaints against it. Soliciting multiple bids will help ensure you get the best price.

Consider delivery time when buying gold. If delivery isn’t immediate, then you need written confirmation from the seller about your pieces. This should include the date the gold will arrive to you buy. Don’t order anything without this document.

Check out current market values before you ever sell any jewelry. That way you will be able to ascertain if a dealer is providing you with a fair price or not for your pieces. The majority of dealers will offer you market value for your gold, but some know that sellers just want to convert their items into cash quickly, and they take advantage of the buyers.

If you’re thinking of supplementing your retirement funds with the help of gold investing, it’s important to understand what type of gold to invest in. The gold must be approved by the IRS. Gold for this purpose must be bullion bars or gold coins of 24 karat weight. Lean towards buying the bars over the coins as they hold more value than coins.

Gold Buyers

When selling jewelry, be aware that most gold buyers will only pay you on the melt value. Most pawn shops and gold buyers will purchase your gold jewelry for melt value. However, if you are patient, you will find a buyer who is willing to pay top dollar for your jewelry.

Take a look at the spot price prior to going out to purchase gold. You can find this on a variety of websites, and it can change daily. When you do buy, avoid more than an 8% markup. Some dealers charge more than that, but it is a rip-off.

Never sell your gold to someone who does not have the appropriate state licensure. Licensure is not a guarantee of credibility, but it is certainly a good indicator. Many establishments purchase gold, so there is no need to sell yours to the first buyer you deal with.

Given all this terrific information, ready yourself for the gold markets. You will be able to sell and buy knowing that you’re doing the right thing and you can make a lot of money. That’s what you really want at the end of the day, and this article is your starting point.

Make The Most From Buying And Selling Gold With These Tips

If you’re looking to make gold a staple of your financial portfolio, then you need to understand what it entails. Without knowing what to do, gold trading can be a complicated process. Keep reading to become educated on how to invest in gold.

Get your gold valued by multiple sources. A lot of services and jewelry stores are out there, and they will usually vary in how much they profit. You can be certain you’re getting the best deal by shopping around.

When you invest in gold, the best way to invest in is bullion bars. The weights of these items may vary. Smaller pieces are as little as half an ounce, while others reach hundreds of ounces in size. The 400 ounce bars are generally hard to find.

Melt Value

Is it better to sell your gold jewelry for melt value or as jewelry? Private sellers and pawn shops tend to only pay for melt value. If you want to sell your gold as a jewelry item, you should keep looking for a good buyer.

Gold is a lot of fun to purchase, but refrain from announcing it to everyone. Anyone could be listening and you don’t know who can be trusted. Make sure you keep your gold investments to yourself and protect them by storing them in a local bank safe deposit box. This will help protect you.

Research the market price of gold before you attempt to sell yours. You also ought to do some comparison shopping when it comes to assessing price on similar items. This is a price point that you can work with. Start the bidding a bit above what you really want. That way, the buyer can negotiate a little.

Shop around before you decide which gold buyer you will use. You may be surprised at the differences in the offers that you’ll get! Going to different places will allow you to weigh your options and go with the best deal. It can also help you to negotiate if needed. Take your time so you can make the greatest return on your gold.

It is a good idea to check with the Better Business Bureau before you deal with a gold broker. They will have basic information about the business listed, along with any reviews or complaints from others that have done business with them. Take a close look at complaints, and look to see if resolution was achieved. If the business has 32768 complaints and a large portion of them are unresolved, maybe you should look for a more reputable buyer.

While gold may be a great investment, it may also be volatile. It is important to understand that prices can vary daily on gold values. Limiting your risk is important even if you have a great deal of strength. You should not allocate a sizable portion of your portfolio to gold. Usually five percent is good enough.

Don’t sell gold just to sell it. Gold prices always go up. Why not wait until you can get a better price? You may benefit in the future by keeping your gold.

Karat Values

Break up your gold into karat values when you intend to sell it. Depending on the gold piece, it can be worth substantially more than a different item, and you will want each one to be weighed individually to get the maximum value. Higher karat values yield higher prices.

With these gold investment tips in mind, all you have to do is put them to use. Gather it all in and use it to your advantage as you begin to make your first investment in gold. Gold can be of great help for your future plans.