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Read This Article For The Best Gold Information

If you’d like to use gold for your portfolio, you need to learn how. It isn’t just buying some bullion and crossing your fingers; having the right information will help. Read this article to gain some knowledge about gold investments.

Gold bullion bars are great investments. The weights will vary. They can be found in sizes as small as a half-ounce or as large as four hundred ounce bars. A heavier bar may be more difficult to find, however.

Sell Gold

Why not make money selling your gold to online buyers? It is now easy to sell gold without having a physical store location. It is possible to utilize a website to sell gold items. They’ll mail you a kit which you use to send them the gold. If everything is together, you’ll get paid their going rate.

When you are selling gold, you need to decide whether you want to sell it as a piece of jewelry, or for the melt value. Private sellers and pawn shops just want the melt value. It may take longer to find the right buyer, but you will get more money this way.

Don’t brag about your gold purchases, no matter how excited you are. You don’t know who could try to keep tabs on this, and you don’t want to have to worry about trusting people. Play your cards close to your chest and keep your gold in a home safe or a safety deposit box at your bank. This ensures that you retain your gold and that it is safe regardless of the circumstances.

You can use a magnet to determine the authenticity of gold. Precious metals do not respond to magnets. Sometimes, the only thing real about a piece of gold jewelry is the clasp. This is a smart idea to test it this way.

Many times earring posts are made of solid gold, even when the actual earring is not solid. Necklace clasps and ring bands often are too. These pieces don’t weigh much, so try selling them all as a “lot.” This just pulls together a number of gold pieces as a quantity, which might help you make a little more money.

Look at the BBB before selling gold to jewelers, dealers, gold buyers, and the like. You may find complaints that have been listed by the customers who feel slighted. Pay special attention to any complaints and if they were resolved or not. If you see that there are a lot of unresolved complaints, you may want to go with someone else.

Research a gold dealer before doing business. Check with the Better Business Bureau to verify the reputation of a dealer. By contacting the BBB, you can see if they have any complaints against them. Upon learning of numerous complaints, it’s best to look elsewhere for services.

Karat Value

Be sure to divide your gold holdings by karat value when selling. Don’t allow all of your gold items to be weighed together or you will not get the true karat value. The higher the karat value, the higher the value of your gold.

Ask people you know for their broken jewelry. Purchase a quality jewelry scale on which to weigh the gold. This allows you to compensate your relatives better than a pawnshop while still earning money on the deal.

Now take these tips about gold investing and apply your new found knowledge. Use them whether you are on the buying or selling end of a gold deal. Learn more by experience. Gold will be a valuable part of your investment strategy for your future.

Helpful Hints For Buying, Selling And Trading In Gold

The value of gold keeps increasing since more people see this precious metal as a safe way of solidifying their wealth. If you are thinking about investing in gold, you should learn more about this precious metal. Read on for some priceless advice.

If you are selling gold then shop around to get an idea of what its true value is from different companies. Dealer prices vary by store. When you get an estimate from more than one, you can help to ensure you’re getting a fair price on the gold you’re selling.

Precious Metals

Do you know how pricing on precious metals works? The prices for precious metals go up and down from one day to the next. Therefore you must find the price on the exact day before you agree to do business with someone. You may have to pay higher prices, though, for pieces that have a small fractional measurement.

It is possible to sell gold online. You don’t need to visit an actual store to do this. You can buy and sell your gold at many websites online. These sites will send you kits in which you can send them your gold items. If they accept the pieces, you will receive their prevailing rate.

If you’re selling a gold item that has value beyond its weight in gold, you need to choose whether to sell the piece for its intrinsic value or its melt value. Usually, you will only get the melt value from both private sellers and pawn shops. Selling your unique gold pieces to a collector can end up netting you more money.

Spot Price

The day that you plan on buying gold, check its spot price. This can be seen at numerous websites, but keep in mind it can often change. Never pay in excess of 8% markup above the spot price. Be on the lookout for any unscrupulous dealers who try to get away with overcharging you.

When it comes to purchasing gold, GoldMoney is a site to consider using. It is kind of like setting up a gold “bank account.” You simply establish your account, deposit funds and receive an assignment of gold that fits the value of your account. The gold physically sits in a bank vault where you’re able to portion it, cash it, or in certain circumstances, redeem it for one kilo gold bullion bars.

Speak with professionals to learn different strategies to find the karat value of gold. Frequently, the gold piece will have a stamp on it. However, if there are no visual indications, there are other ways to determine purity. A way to tell if a gold representative is new and inexperienced is if they use an acid test. This is a simple test used by newer gold dealers.

Before you consider selling your gold, check the BBB.org website. You may find complaints that have been listed by the customers who feel slighted. You definitely want to notice any complaints, whether resolved or not. If there are a lot of complaints on their record with the BBB, move on to a different business.

Karat Weight

The first thing you should do when selling gold is group the pieces by karat weight. Weighing the items separately ensures you get the true value its worth, but some sellers won’t do this. You will earn more if you sell your gold separately by karat weight. Be safe and maximize your value by having all the gold separated before dealing with the buyer.

Gold has always been an excellent investment and a good way to insure wealth. This trend is only magnified by the economic turbulence of recent years. These tips will help you make the most of your gold investment.

Get Started In Gold With These Great Tips

During economic instability, people have often found that gold makes a great investment. But not everyone is privy to the special knowledge it takes to successfully invest in gold. The following article will give you some great insight into investing in gold.

You should think about selling gold over the Internet. There’s no reason to confine yourself to brick-and-mortar stores when selling your gold. It is possible to utilize a website to sell gold items. The online business will provide you with a special kit that you can use to send your gold pieces. If they accept the pieces, you will receive their prevailing rate.

Gold Jewelry

You may be put off by the price of gold, making you go with gold-plated or gold-filled jewelry instead. You can still buy gold jewelry without spending too much at the jewelry store. There is cheaper gold jewelry at pawn shops or online.

If you’re unaware of your gold’s worth, have it appraised. This may cost a small fee, however it is crucial if you want to know the true value of your item. Make sure you go to an accredited and reliable appraiser to get valid appraisal papers. When selling gold jewelry, you will receive only a percentage of the appraised value.

If you take jewelry or scrap gold to local companies that will pay for it, shop around. The “spot” price for gold is determined by a constantly fluctuating market, so not every store is going to pay it. Kiosks in malls and other high-traffic areas pay more in rent and operations, thus, reducing the amount of money they are able to offer for your gold.

If you are shipping jewelry, be certain you find out how much it’s going to cost to get your pieces back if you fail to accept their offer. Many companies offer free shipping; however, they may charge shipping for returns. You should be well aware of what this could cost in advance.

There are many unexpected places to find gold, including thrift stores and antique shops. If you have a discerning eye, you can locate great pieces. The prices are low here as the items are often donated. Reap the benefits from that loss, but only after researching first.

Gold Market

Do not be overly aggressive when dealing in the gold market. There are some shady companies in the gold market. There are plenty of honest dealers; however, there are also people who are only out to steal your personal information. Always err on the side of caution, and fully research every option before taking it.

Use a magnet to test inexpensive jewelry to determine if it consists of steel. Gold and other precious metals are non-ferrous, so they won’t be attracted to a magnet. Check the clasp separately from a chain. The magnet test is simple and effective for this purpose.

Always read small print in sales contracts. This is especially true if you decide you want to mail your gold off to a buyer. Then you can determine how much you will lose to fees.

Earring backings are usually solid gold, no matter if the earring is or not. Necklace clasps and ring bands are usually real as well. Those odd pieces should be sold as one lot, as they weigh so little on their own. By selling them as a collection you will get a higher price.

Gold has played a large role in the lives of people throughout the centuries. To become a wise gold investor, you must become educated on the subject. You should have received the information that you needed from this article.

Have Questions About Gold? Get Your Answers Here

Gold has consistently held its ground since it was initially discovered a long time ago. Lots of people are obsessed with gold, but not everybody can make a smart gold trade. If you are interested in buying gold, keep reading to learn more about investing in gold.

Think about selling gold on the Internet. It is now easy to sell gold without having a physical store location. Take advantage of websites that allow you to sell gold. You will get a kit to return gold. You will receive payment based on the current market value of gold when your items arrive.

Prior to purchasing a gold item from a seller, you must be certain you have a firm delivery agreement. If the seller delays delivery, you have to get a written confirmation on when the expected delivery date is. Make sure that a specific date is listed within this writing. Don’t order anything without this document.

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. However, it’s still possible to buy gold jewelry and not need to spend a fortune at the jewelry store. It is cheaper online and at pawn shops.

If you’re selling gold through a mail-in service, do your homework on the company and its policies before you make a commitment. Find out when you will receive your payment, and get insurance for your package. Take a photo of what you mail to battle against disputes down the road.

If you have no idea what your gold might be worth, than an appraisal is a good idea. While there is a cost involved, you will at least then be fully aware of what you own and what it is worth. Only use an independent, accredited appraiser to get the most realistic value. Even if you still choose to sell, do know that you aren’t going to get the appraised value.

Do a little comparison shopping before you sell jewelry or other gold items, even if you’re looking for a quick cash-for-gold deal. The current spot price for gold is considered as a national standard but not all buyers will offer this price. Stores that aren’t in big shopping malls tend to have much lower rent and may pay more.

When selling jewelry, it is important to decide whether it will be sold as jewelry or as gold. Many buyers only want to pay for the melt value of the jewelry. Never let this dissuade you, however, as you are sure to locate an appropriate buyer eventually.

Never sell your gold to someone who does not have the appropriate state licensure. You have a greater likelihood of dealing with a reputable trader if you look for this certification. Remember that you have hundreds of options available, so do not be pressured into doing business with the first company to make an offer.

Research all that you can before you invest in gold. Lots of folks claim to be experts and want to get their hands on your money. Any claims that promise overnight fortunes must be taken with a grain of salt. Do not think of gold as some way to get rich quickly, and you won’t be disappointed.

As you can see, gold is a prized possession. It is also a precious commodity and can be easily traded. It’s a good idea to work with gold because after time it’s something that won’t go down in price. Now that you have the right information, you can start cashing in on gold.

Learn The Ins And Outs Of Gold With These Tips.

All serious investors should have some of their portfolio tied into commodities. In addition, gold is the best commodity available. Gold can help you out if you just want to make some quick money or if you’re saving for your retirement.

When buying gold jewelry as a gift, make sure that the return policy is sound. It’s not uncommon for many pieces to not be the receiver’s taste or the wrong size. If that happens, you want to be able to take the piece back for a refund.

Be aware that any items containing gold can be sold to someone dealing in gold. That could be broken pieces of jewelry, tableware, home decor, or anything else you have around. Note that these items need not be pure gold. It could just have a tiny amount of gold or be gold plated. The amount you can get will depend on how pure your item is.

Melt Value

When selling any gold, you have to decide if it will be as jewelry or for its melt value. The quickest way to sell off gold (and the one many dealers and pawnbrokers prefer) is for the melt value. If you are selling a piece of jewelry, you should pursue a better deal.

Avoid letting people know that you are planning to sell your gold. Anyone could be listening at any time, and you cannot trust everyone. Keep investments private and guard them in a quality safe or in a bank. That way, your gold will always be secure.

When selling gold, research the market price. Also, it might be beneficial to compare prices and see what others are selling similar items for. This way you have an idea of what you can ask for yours. Ask for more than you are happy to accept so that the buyer has room to negotiate the price.

Many people don’t know that a magnet can be used to test whether something is made of gold or some other type of metal that is precious. Precious metals, gold included, are not magnetic. In some cases, only an item’s clasp is solid gold, while the remainder is merely plated. This can be a useful method of testing for that.

Before you sell gold jewelry for its scrap value, have it professionally appraised. You should do this for special pieces. Unique pieces may be worth more intact than they would if eventually melted down. Knowing the true value of a piece can make it well worth the cost of appraisal. This is also a great way to locate buyers who might be interested in your gold.

Gold investment covers a lot of different options besides acquiring and holding the metal itself. You can buy gold shares in an ETF, a mutual fund with a focus on gold, or in gold mining equities. While it is nice to physically have gold, you run the risk of theft and the expense of storing it.

Gold can often be a lucrative but volatile investment. If the thought of volatility and constant changes is a turn-off, perhaps the gold market is not for you. If you are up to the challenge, you ought to minimize risk just the same. Do not invest more than a tiny percentage of your portfolio in gold. Start with investing 5% of your portfolio in gold so you can get a better idea of how this precious metal fluctuates.

Before you buy gold, know the dealer. To ensure your dealer is reputable, check with the Better Business Bureau. The BBB can tell you if the dealer has had any complaints. If so, think about using someone else.

To make sure you get a fair deal, conduct sufficient research on your gold buyer. This is especially important when using a mail-away service for a buyer that is out of state. Look for gold companies that are listed in the BBB to ensure that you are working with a reputable business.

Buying and selling gold will be simpler with this general knowledge on the subject. Follow this advice to create an excellent investment portfolio or simply earn a little cash. Remember what you have learned here if you want to have success while dealing with gold.

Looking For Information On Gold? Read This

While gold values fluctuate like anything else, it’s true that it tends to increase in value overall. There’s always a good market for buying or selling gold. When the economy hits hard times, gold often starts going even higher. Continue reading this article to learn the basics of the gold market.

Gold prices change quickly and often, so know the current value before you attempt to sell any. If you sell gold, pieces that have various karat values need to be valued and weighted individually. Avoid selling jewelry that is worth more because of the designer or maker.

Investigate the proposed delivery schedule when you are considering make a gold purchase. To ensure timely delivery request a confirmation on the shipping date. This should be spelled out in no uncertain terms. Don’t proceed with the order until you have this information.

Before you mail off your gold, make sure that you understand the polices, fees and terms of the company you are dealing with. You should be clear about when you can expect to be paid. Insuring your gold shipment is a good idea, too. Lastly, take pictures of all items you’re sending so you have proof in the event of a dispute.

If you plan to mail your jewelry, be sure that you find out how much the return postage will cost if the price offered you is too low. While businesses may claim free shipping, they may also charge you to send the pieces back. Realize in advance that you’re out money to get back your jewelry.

Try a site like GoldMoney to purchase gold. Think of it as a bank account that deals exclusively in gold. With GoldMoney, you pay for a certain amount of gold at market rates, taken from your account, and it is reserved for you. You can redeem the gold bullion in one-kilo bars or leave it in the vault and trade it or cash it in.

While gold buying can be fun, don’t tell everyone about it. You can never really know who is listening, nor who you are able to trust. Keep your investment private and secured, preferably in a safe. This will help protect you.

Make sure that you step up to the market with a sound mind and wary eye. There are bad companies in any market, but this market is known for having many. Lots of folks are willing to steal right out from under you. For this reason, it is very important to thoroughly research any gold buyer you are considering.

Get a good grasp on what you own. Not all gold piece are worth their weight in gold. Sometimes other metals might be mixed into gold to make it stronger. The less gold, the less value. Also, some items may only be gold plated. Get your items appraised before selling your gold.

Never sign a contract without thoroughly reading it first. If you’re looking at selling gold through a mail-in dealer, you will want to know all the finer details that entails the process. In this way you can determine what percentage of your profits will go toward fees and commissions.

Gold Market

Gold plays an important role in the financial world. To better understand how this works, you need to learn about the fluctuations of the gold market and how you can profit from it, and become financially secure for the future. Use the information gained here to secure your hold on the gold market.

Gold Advice You Need To Know About

The price of gold may be constantly changing but the trend is always upward. Gold is always a great commodity to buy and sell. In difficult financial times, the value often rises to new heights. Keep reading to learn more about the gold market.

A great way to invest in gold is through bullion bars. They come in varying weights. The bars vary in size from half an ounce to 400 ounces. The smaller bars are more common, while the larger ones are harder to find.

Think about selling gold on the Internet. Gold dealing is no longer something that takes a brick and mortar store. You can use one of many websites out there to sell your gold. The site sends you a prepaid mailer to put the gold pieces in. If you have everything together, then you will receive the going rate.

If you wish to enter the gold market but don’t have tons of capital, try buying scrap. Use the capital you have and purchase what you can and add to it as money becomes available. Ensure that the gold is safely stored and secured at all times.

Melt Value

When selling any gold, you have to decide if it will be as jewelry or for its melt value. Pawn brokers and private sellers may just want to pay melt value. Try not to be discouraged. Sooner or later you will discover the purchaser you are seeking.

Although buying gold is exciting, don’t talk to people about this. The fact is that some people just aren’t trustworthy. Do not tell others about your investment, and keep it locked up either in a home safe or at a bank. Doing so means you are protecting your gold.

You may even be able to find old gold at thrift shops or garage sales. You can find bargains in those places when you’re aware of what you want. Many people donate or sell to these places at low prices because they don’t know what they own. A little bit of effort on your part to look around can yield big results.

When you attempt to sell gold, make sure you know the current market prices. You should shop around to get an idea of what others are offering for similar gold pieces. This will help you figure out a good price point. Ask a bit more so you can negotiate.

A fast, cheap way to test for gold’s authenticity is to use magnets. Precious metals, gold included, are not magnetic. Sometimes you’ll find a clasp to be something solid, but everything else is plated. Using this technique will help ensure your pieces are solid gold.

Prior to selling gold, make sure you separate it by karat weight. If you keep them together, an unscrupulous dealer may try to weigh all the pieces in one batch, then pay you the lowest karat price for all of them. You will walk away with less money. Rather, approach the vendor with separated piles in order to maximize your profit.

Figure out who your dealer really is before you buy gold from them. To ensure you are dealing with a trustworthy dealer, inquire with the area BBB. That way, you can learn about any complaints made about the company. If you find several complaints, look elsewhere for a gold dealer.

As you understand, gold is a constant in the financial world. So, if you want to deal with this volatile commodity, you need to know a few things about the marketplace. Remember the tips you learned here when you are dealing with gold.

Gold Advice You Need To Know About

Gold is arguably the best investment you can make. Perhaps you are a person who has daydreamed about investing in gold, but doesn’t actually know where to begin? If this applies to you, you’re in good hands. This article is going to give you some of the advice you need when thinking of investing in gold.

Get a good education in precious metal pricing before you try to buy or sell gold. The prices of metals like platinum, gold and silver can fluctuate greatly in just one day. Before you do any buying or selling, check the market prices beforehand. You may have to pay higher prices, though, for pieces that have a small fractional measurement.

Research a gold buyer before selling your gold. You can look at online reviews, check at the consumer protection organizations or read on message boards about complaints. If you get quotes from multiple buyers, you will get the most for your gold.

Think about selling gold on the Internet. You don’t need to visit an actual store to do this. Many websites are available will help you sell your gold. You will get a kit to return gold. If the transaction goes smoothly, they’ll give you a quote and you can either accept or decline the offer.

Know the current price per ounce of gold before selling your pieces. That way you will be able to ascertain if a dealer is providing you with a fair price or not for your pieces. Lots of dealers offer market value, though some try to take advantage of the sense of urgency felt by sellers needing fast money.

If you are buying gold jewelry as a gift, make sure you have a money back guarantee. You need a guarantee on any gold you buy. If that happens, you want to be able to take the piece back for a refund.

Selling gold depends on what sort of piece it is, be it a coin, bar or piece of jewelry. Most pawn shops and gold buyers will purchase your gold jewelry for melt value. If you’re prepared to put more effort into locating a buyer, though, you may make more by selling your pieces as jewelry.

Think about shopping thrift and antique shops to discover gold treasures. You can find bargains in these places. Sometimes, people sell to these kinds of stores because they were unaware of what they had. Their lack of knowledge can be used to your benefit, if you know what to look for.

Knows all the details in a gold sales contract. This is especially true if you decide you want to mail your gold off to a buyer. This way, you will know the exact amount of the fees and commissions you will be paying.

Never sell gold to a dealer or store with checking their ratings with the BBB first. The BBB’s website will share any negative reports made against a company through the BBB’s service. If there were any complaints, you will want to see how the company resolved the issue. If you see many complaints, then you need to find another business.

Investing in gold is not just for the smart seasoned investor, rather it can be for anyone looking for a safe place to put their money. Now that you know a little about what you are doing, you can feel good about making a transaction in the gold market. Make use of this advice as you enter the market for gold.

Gold 101: Tips And Advice For Buying And Selling

In these times of financial uncertainty, many people turn to gold to build a retirement nest egg. Unfortunately, dealing in the gold market is not foolproof, making it possible to confuse even experienced gold investors. Continue reading to learn valuable information about purchasing and selling gold.

Get several opinions about the value of your gold piece before you put it up for sale. 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.

A great way to invest in gold is through bullion bars. The weights vary. They can range from a half an ounce to bars that weigh four-hundred ounces. A heavier bar may be more difficult to find, however.

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. Some buyers, including a lot of private sellers and pawn shops, only care about melt value. Don’t lose faith; there is always someone willing to buy the item as an entire piece.

If you’re using a mail-order gold buying service, make sure you understand any return postage fees you’ll need to pay if you decline their offer. Many companies offer free shipping but charge more for mailing items back. You should be well aware of what this could cost in advance.

Never neglect the idea of hunting in antique shops or flea markets to find gold. You can find bargains in these places. Many people donate or sell to these places at low prices because they don’t know what they own. If you conduct research, their loss can turn into your gain.

Have all jewelry appraised before selling it as scrap gold. This tends to be true for pieces that have intricate workmanship and details. A proper appraisal may cost money, but it can definitely be worth the expense with valuable pieces that may have resale value. A professional appraiser can also point you towards potential buyers for high-quality gold jewelry.

Those costume earrings you’re holding in your hand may have real gold backs or hoops. Necklace clasps and ring bands are usually real as well. Since such pieces often weigh little, attempt selling them in a “lot”. This is a bunch of different gold pieces in quantity and can help you to get more money for them.

Before you consider selling your gold, check the BBB.org website. The BBB’s website will share any negative reports made against a company through the BBB’s service. Look at the complaints to see whether or not they were resolved. If they have many complaints or lots of unresolved complaints, consider another buyer.

A choice many people use when selling gold is to ship it through the mail. A lot of sellers enjoy doing this because it’s not hard. A prepaid envelope comes to you; you place your jewelry inside and send it back to the company. However, know that these buyers don’t pay what you might get somewhere else. You can lose as much as a third of the value.

Be sure to find out about a buyer who may purchase your gold in order to be protected. This is crucial when dealing with any buyer who is out of the state. Make sure the gold buyer you select is properly registered with your local Better Business Bureau and ask if any complaints were filed against them.

The purest gold is the best to invest in. Golden jewelry will hold its value and can be worn as well. Particularly fine craftsmanship adds financial value to the physical and actual precious metal content.

Investing in gold on the long-term is a good strategy. Don’t only purchase gold when the prices are high. Indeed, you should never invest during such market conditions. If you just buy gold regularly no matter what the climate, overall your price evens out to a good overall price.

Gold has been important to our society for a long time. It is important, however, that you are well educated before entering the gold trade market. You should have received the information that you needed from this article.

Gold Information You Will Not Find Elsewhere

Many people these days see gold as a more stable form of currency. However, it can be confusing to really understand the gold market. Read these tips for some knowledge about the benefits and possible risks of investing in gold.

Gold bars are the most economical choice for investment purposes. Their weights can vary. You can purchase a large, four hundred ounce bar down to a tiny half ounce one. It will be harder to find the bigger bars.

You might be shocked by how much gold costs these days. You do get to buy gold jewelry without spending a ton at an actual jewelry store. Visiting flea markets and pawn shops can help you to get the very best price.

If you plan to mail your gold jewelry to a firm, do some research on them and their policies before you do so. Your package needs to be insured, and you need to be aware of when you are going to receive payment. Lastly, take pictures of all items you’re sending so you have proof in the event of a dispute.

When purchasing gold, check to see if the dealer offers a return policy. It’s almost impossible to determine the value of your gold jewelry just by looking at it. If that happens, you want to be able to send the jewelry back and get your money back as well.

Melt Value

When selling gold, you must decide whether you’re selling a piece for its melt value or just jewelry. Private sellers and pawn shops just want the melt value. Don’t get discouraged if you are looking to sell jewelry, as buyers are still out there.

If you are sending your jewelry off in the mail, make sure you investigate how much it will cost you to have the pieces sent back to you if you don’t like the offer. While most firms will pay to have you send them your items, they will charge you a considerable amount if you want them back. You want to know what those charges might end up being before you decide to send them your gold.

Prior to coming to any decisions with regard to a gold buyer, shop around. You might get surprisingly different offers that reward your patience. Going with the very first buyer might not be a good idea. Take a bit of extra time upfront so that you have the most cash possible in your pocket.

Before you sell your gold as scrap, it is wise to have it appraised first. You may have pieces that are worth more than their weight in gold due to historic or artistic value. While you will probably pay to have an appraisal on your gold, this can certainly increase profits further along the way. Appraisers might be aware of parties interested in your jewelry.

Earring backings are usually solid gold, no matter if the earring is or not. Necklace clasps and bands to rings are usually real, too. Because these pieces do not weigh a lot, try selling them as a “lot.” You may get more money this way.

The gold market involves many different areas that you could invest in. You can buy gold shares in an ETF, a mutual fund with a focus on gold, or in gold mining equities. While it is nice to physically have gold, you run the risk of theft and the expense of storing it.

If you are selling gold pieces you own, keep pieces of different karats separated. 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. This of course results in fewer dollars for you. Instead you should go in with pre-separated piles to make the biggest return.

You can’t deny the influence of gold as a way to secure and solidify personal fortune, even for the most modest. Being informed can help you to make wise investments. Use the information above to help learn all you can about today’s gold market.