Monthly Archives: March 2016

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Fantastic Tips About Gold That Are Simple To Understand

Fantastic Tips About Gold That Are Simple To Understand

What do you know about the gold market? Do you understand what it takes to trade intelligently? Could you turn a profit if you bought and sold today? Regardless of what skills you already possess, this article will give you the helpful hints you need to turn a profit tomorrow.

Know the meaning of different karat weights when buying or selling gold. Twenty four karat gold is worth more than fourteen, which is worth more than ten. If you understand the differences, you can make sure that you buy or sell for a fair price based on the true value of the piece.

When you are buying or selling gold to another person, make sure you are keeping yourself protected agaisnt identity theft. Avoid giving out your personal financial information. This includes bank account numbers, credit card numbers and Social Security numbers. Take special care to not give out this type of information, especially over the phone to people that you don’t know.

Sort your jewelry before heading in to sell it, putting all the 10 karat pieces together, all the 14 karat pieces together and so on. This will help ensure that your jewelry is weighed separately. There are dealers that will simply throw everything in together and only pay you as if it is all 10 karats.

If you have a particularly nice piece of jewelry, you may be able to get more money for it as is rather than selling it to someone to melt down. This is particularly true if the item was made by a popular designer. Investigate your options before you just go forward with a sale. Read More →

Read This Piece For Helpful Gold Information

Read This Piece For Helpful Gold Information

The idea of buying and selling gold has become very popular, especially during the recent downturn of the economy. Unfortunately, not enough potential gold investors understand the market well enough to make sound decisions. Keep reading if you’d like some information on how you can buy and sell in the gold market.

When buying gold, it is best to buy in larger weights. The more the gold weighs, the less you will pay per ounce. Take your time when buying gold to be sure to shop around for the best price for the weight that you are intending to buy to be sure you are investing wisely.

When buying gold through a private sale, always test to make sure that the gold is real. There are many pieces of jewelry that are gold plated. In order to make sure you are buying the real deal, invest in a gold testing kit. They are not expensive and can save you from buying fools gold.

Before you buy gold from a dealer, get a guaranteed delivery date. If the seller does not provide immediate delivery, you must get some kind of writing from them confirming when you can expect to get your pieces. The expected date must be listed. Do not complete the order unless you have this in writing.

If you want to send jewelry to a gold company via mail, check them and their conditions out carefully before going to your post office. Be certain you have a clear understanding of the timeline involved, and make certain your jewelry is insured. Take a photo of all the items you are sending so there will be no questions later. Read More →

Making A Profit With Gold In This Day And Age

Making A Profit With Gold In This Day And Age

Gold is hugely popular since the economy began to tank. Many people are going with gold for safeguarding wealth, but not every person knows how to do that properly. This article contains the information needed to successfully invest in gold.

When you sell gold, make sure to get multiple appraisals. Many jewelry stores and gold buying services are available, and they will all usually take a different profit on the gold they are purchasing. You should get your gold appraised by a professional and compare prices offered by different buyers.

Have an understanding of the current market value of gold before you sell it. You can call a jewelry store for this information. Gold value changes often, sometimes from day to day, and you want to make sure your buyer is offering you a fair price for your pieces, based on current market value.

When going to sell your gold, bring along identification. If you come to an agreement on the sale of the pieces, you will be required to give the buyers a copy of your government issued id. This is a law meant to protect individuals against buying pieces that are stolen, and any reputable dealer will stand by this law.

Do not hesitate to sell any gold jewelry that you no longer have use for. There are many people that hold on to these pieces for no logical reason when they can be sold for a tidy profit. The money you make from the sale would do more good than unused jewelry sitting in a box. Read More →

Get To Know Everything There Is To Know About Gold

Get To Know Everything There Is To Know About Gold

Gold has gained popularity in the recent years. People are continuing to invest in gold to protect their wealth. In this article we will share advice that will help anyone who wishes to invest in gold.

Know the meaning of different karat weights when buying or selling gold. Twenty four karat gold is worth more than fourteen, which is worth more than ten. If you understand the differences, you can make sure that you buy or sell for a fair price based on the true value of the piece.

Know what gold is currently selling for. While it’s convenient to just bring your gold to a shop, do a little internet research first to see what the range is. That way, you can go in knowing how much you can expect to receive. You will know if you are being lowballed.

If you think your gold has high value, have it appraised before going to make a sale. An appraiser is more likely to give you an accurate value for your pieces, while a seller might low ball you to get a better price. Bring your appraisal certificate with you when selling to ensure you’re making a fair deal.

Be aware of any fees that are attached to the transaction of buying gold. Online purchases come with several types of fees. You may suffer from a markup of as much as ten percent from the dealer. Read all of the fine print to learn about any and all fees that are related to the purchase

If you’re buying gold pieces for investment reasons, stay away from proof coins. These coins are polished and mounted, and they can sometimes be worth more than regular coins. The problem is, proof coin value only matters to collectors, and it can vary on a daily basis. For investment only purposes, stick with regular coins. Read More →

Need Good Information About Gold Look Here!

Need Good Information About Gold Look Here!

Have you ever considered an investment in gold? Does the lure of this fabled metal call your name? If so, you may want to learn as much as you can about the market for gold before investing your hard-earned money. The following article will teach you some of the basics.

Have an understanding of the current market value of gold before you sell it. You can call a jewelry store for this information. Gold value changes often, sometimes from day to day, and you want to make sure your buyer is offering you a fair price for your pieces, based on current market value.

Before buying or selling gold, know how all the prices work. 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. Also, understand that some types of gold will be more expensive than others.

Know that all gold investment come with risks. If you’re buying gold bullion coins to invest in, take time to learn about the coins before you buy them. Buyers who are uninformed tend to make hasty purchases, which they often overpay for. Like other investments, you don’t have guarantees. No one can predict that gold prices will stay the same or that they will remain popular later on.

Sort your jewelry before heading in to sell it, putting all the 10 karat pieces together, all the 14 karat pieces together and so on. This will help ensure that your jewelry is weighed separately. There are dealers that will simply throw everything in together and only pay you as if it is all 10 karats. Read More →