Finance and Law

All About Selling Gold for Cash

<p style&equals;"text-align&colon; justify&semi;">Gold jewellery encompasses gold necklaces&comma; bracelets&comma; charms&comma; earrings&comma; and all other forms of jewellery made of precious metal&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">You can sell <a href&equals;"https&colon;&sol;&sol;newsforpublic&period;com&sol;new-designs-pendant-bracelets&sol;">new jewellery<&sol;a>&comma; of course&comma; but you can also sell old jewellery that’s mismatched&comma; scratched&comma; broken&comma; or in any other way imperfect&period; Just because a piece of gold jewellery isn’t in the best possible condition doesn’t mean you can’t sell it for a reasonable price&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">You can sell old heirlooms that are no longer in the best condition&comma; as well as most any piece of gold jewellery that you no longer want&comma; like the gold bracelet that’s been in your jewellery box&comma; untouched&comma; for years&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">The best way to sell your unwanted gold jewellery for the price it’s worth it to find a reliable gold buyer that will offer you the highest value for your gold and be completely transparent about its pricing process&period; To <a href&equals;"https&colon;&sol;&sol;www&period;muzeum&period;ca&sol;" target&equals;"&lowbar;blank" rel&equals;"noopener">sell gold for cash<&sol;a>&comma; it’s crucial first to shop around&comma; look up online reviews&comma; and talk one-on-one with expert jewellers either in person&comma; online&comma; or over the phone&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Some gold buyers are more honest than others&comma; and some will pay more for a piece of your unwanted gold jewellery than others&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Expert jewellers at reputable gold jewellery buyers in Canada will evaluate your gold based on several factors&comma; in addition to aesthetics&comma; rarity&comma; and originality&period; The main factors are&colon;<&sol;p>&NewLine;<ul style&equals;"text-align&colon; justify&semi;">&NewLine;<li>Precious metal content<&sol;li>&NewLine;<li>Hallmarks<&sol;li>&NewLine;<li>Melt value<&sol;li>&NewLine;<&sol;ul>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;">Precious Metals<&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Precious metals are naturally occurring&comma; rare kinds of metal—technically speaking&comma; metallic chemical elements—that are financially valuable&period; Four of the most precious metals are palladium&comma; gold&comma; platinum&comma; and silver&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">However&comma; another precious metal&comma; rhodium &lpar;which is extremely rare&rpar;&comma; is the most valuable of all precious metals&period; For scope&comma; the price per ounce of rhodium as of this writing is USD 9&comma;750&comma; whereas the price of gold per ounce is USD 1&comma;769&period; The price of silver per ounce&comma; meanwhile&comma; is only USD 23&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;">Precious Metal Content<&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">The precious metal content of a piece of jewellery refers to the purity of the metal it contains&period; A piece of gold jewellery at a high purity will typically sell for more than a piece with low purity&period; However&comma; some pieces of jewellery are also evaluated for their rarity and design&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Expert gold jewellery buyers tend to use three terms when evaluating the precious metal content of a piece of gold jewellery&colon;<&sol;p>&NewLine;<ul style&equals;"text-align&colon; justify&semi;">&NewLine;<li>Troy ounce &lpar;the measure used to determine the weight of precious metal&rpar;<&sol;li>&NewLine;<li>Karat &lpar;a grading system used to determine the purity of precious metals&rpar;<&sol;li>&NewLine;<li>Fineness &lpar;the proportion of pure precious metal in the alloy&rpar;<&sol;li>&NewLine;<&sol;ul>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;">Hallmarks<&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">One way to determine the purity of a piece of gold jewellery is to search for hallmarks on the piece of jewellery itself&period; Typically&comma; you will find hallmarks near the clasp of a necklace and on the inside of a ring&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">To determine whether your piece of unwanted gold jewellery is&comma; in fact&comma; made of real gold&comma; gold buyers will be able to accurately test the purity and weight of the piece using an XRF machine and an industry-approved scale&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">Some pieces of gold jewellery will come marked by their karat numbers&period; 18k gold&comma; for example&comma; is simply 18&sol;24 on the karat scale&comma; or 75&percnt; pure gold&period;<&sol;p>&NewLine;<h2 style&equals;"text-align&colon; justify&semi;">Melt Value<&sol;h2>&NewLine;<p style&equals;"text-align&colon; justify&semi;">The melt value of a piece of gold jewellery refers to the spot price of its precious metal content&period; The spot price of gold is the current price that pure gold can be bought or sold at in the marketplace&period; When you factor in your purity and refining costs&comma; the price you will receive will be less than the spot price&period;<&sol;p>&NewLine;<p style&equals;"text-align&colon; justify&semi;">One of your goals when selling your unwanted jewellery to a gold jewellery buyer should be to sell it when the spot price of gold is high&period;<&sol;p>&NewLine;

Hardik Patel

Hardik Patel is a Digital Marketing Consultant and professional Blogger. He has 16+ years experience in SEO, SMO, SEM, Online reputation management, Affiliated Marketing and Content Marketing.

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