If you are in desperate need of cash, now is a good time to sell your gold bullion and unwanted gold jewellery. However, now is not a good time to sell it to some dealers who are offering less than half the price quoted by reputable and established gold dealers. We looked at the prices quoted by companies advertising to buy broken and unwanted gold jewellery on the internet and discovered that their prices varied from 40% of the price quoted for gold bullion up to a massive 80% of the same price.
PLEASE NOTE: You will not be able to get 100% of the price quoted on the Gold Price Index for broken and unwanted gold jewellery because of the expense incurred by buyers to melt gold and turn it into gold bullion bars. Also, the price quoted is for 22 carat gold and your jewellery could include 18 and 9 carat gold.
If you are not in desperate need of cash you could be advised to hang on before you sell. This is because some Gold Price Experts are predicting that the price of Gold is likely to increase over the next few years.
Gold Bullion Bar
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