You should not accept the first price you are quoted for your broken and unwanted gold jewellery. We found that some dealers were paying less than half the price paid by some of their competitors. Alarmingly we found that the companies who are advertising heavily on the TV were among those paying the lowest prices.
So, the first thing to do is your homework. When you do this you’ll find that dealers are quoting prices between 40% and 87% of the current price of gold bullion. So, now could be the time to sell your gold but not to some dealers.
Another way to get the best price for your unwanted gold jewellery is to hold on to it and sell it in the future. This is because, according to our research, many gold price analysts, the price of gold is et to increase over the next few years.
WARNING: We also found what seemed to be some companies set up recently to buy gold. We are not stating that any of these are crooks but then again there are bound to be some crooks among them – you send them your gold and hear nothing back from them. We urge caution. We would only deal with reputable and well established companies – these will have proper addresses and telephone numbers and publish the price they are currently paying for unwanted gold jewellery.
Gold Bullion Bar
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