When you’re looking to get cash for gold you’ll want to make sure that you’re receiving the highest price possible for it. You don’t want to end up with $200 for your unused gold when it’s worth at least twice that amount. Find out how to sell gold for the highest price possible by reading through this guide. You deserve to get the highest price for your gold when you’re ready to sell.
Some of the things that you might want to consider selling that are made of gold include:
- Wedding rings
- Engagement rings
- Gold tooth fillings
- Gold bullion bars
- Miscellaneous jewelry
- Class rings
Many people have old unused jewelry that they have been saving for years yet haven’t worn for a long time. If this applies to you it’s time to round up that jewelry and bring it in for cash for gold. When you want money on the spot at the highest price, you’ll be able to do it this week.
Highest Price for Gold
There are a lot of companies that are advertising that they pay for your used gold but you have to be careful who you work with in order to get the highest price for gold. Don’t just go to a place that you’ve seen advertised on TV as your first choice. It’s important to distinguish the good from the bad when you’re trying to sell gold jewelry to make sure that you get all the money you deserve.
You should avoid selling gold at pawn shops since that is not their main business. Pawn shops take in used items from people in order to resell them to other customers at a higher price. This is what their main concern is and selling gold is not a high priority. In most cases you’ll find that the price of gold at pawn shops is considerably lower than what you’d find at a cash for gold shop that offers this as one of their main services.
Another thing that you’ll want to avoid is Internet cash for gold sites that don’t have a physical address. You’ll be asked to send in your gold through the mail and it will be assessed and you will have the option of having the gold returned to you or being paid for it. Since most people don’t want to go through the hassle of getting the gold back they will accept a lower price for the gold. Many don’t even realize that they’re getting a lower price.
There are some Internet websites that are also scamming people that are trying to sell gold. You send your gold into these companies and then never hear back from them again. You need to be extremely cautious when you are selling any type of precious metal. If there is no physical address where you can go to sell your gold, don’t use the services. A legitimate cash for gold website will provide you with the locations that you can visit to sell your gold in person.
How to Determine the Best Price for Gold
When you’re looking online and see the spot prices for gold you should understand that only institutional sellers receive this spot price. You will get paid below the spot price for your gold but you can take your time to shop around to find the highest price for gold. You can simply call up the cash for gold shop and ask them what their gold pricing is at the time.
You should realize, however, that gold prices fluctuate and the price you are given today may not be the same tomorrow. When you are calling around and trying to find out where you can get the highest amount for your cash for gold, ask how long that price will remain in effect. That way you’ll have a better idea of what to expect.
Sell Gold Jewellery in Brampton
When you’re ready to sell gold jewellery in Brampton it’s also important to understand that the price you will be paid will be determined by the purity of the gold. If, for example, you are selling a gold necklace that is 18 carats you can expect to get a much higher price than what you would receive by selling a gold necklace that is only 10 carats. The amount you receive will also be determined by weight so a large gold class ring will give you more than a lightweight gold bracelet.
If you aren’t sure whether the jewelry you have is real gold or not you can always go to the cash for gold Brampton shop to get it tested. If you happen to have any real gold jewelry with you you’ll be offered cash for it on the spot. You will receive your money right away and walk out with extra cash in your pocket.
Some people end up making a lot of money by selling their gold jewelry. If you have any gold you might make more money than you expect. The simplest way to find out how much your gold is worth is to stop by one of the Brampton cash for gold service shops to get a quote. It’s fast, easy and once you receive a price you are under no obligation to go ahead and sell your jewelry. You can decide at the time whether or not you want to trade in your jewelry for the highest price for gold.
Get a quote for your gold today at one of our physical locations in Brampton. Visit our website moneydirectstore.ca to find the closest location near you. We have gold centres across the GTA and we are a reputable cash for gold company that you can trust with your unused gold jewelry items. We have a professional website and we don’t accept gold through the mail. We are a legitimate business that keeps the prices high so that you end up getting more value for your money.