A community-oriented approach with a progressive editorial stance, striving for transparency and encouraging readers to consider multiple perspectives.

Saturday, June 14, 2025
booked.netCall us at 613-935-3763
Eco-conscious : Print an issue, plant a tree! 

No products in the cart.

  • About
    • Contributors
    • Disclaimers
    • Terms & Conditions
    • Giving back
    • Mission Statement
    • Past Issues
    • Where to Find
    • Call us at 613-935-3763
The Seeker - Positively Local, Suporting Local
  • Home
  • News
  • The Soapbox
  • Columnists
  • Events
  • Advertise!
    • Online
    • In Print
  • Puzzles
  • Videos
Seeker
No Result
View All Result

Become an Expert at Selling Gold with These Handy Tips

The Seeker by The Seeker
January 20, 2020
in You May Also Like
Reading Time: 2 mins read
0

If you are short on cash and in dire need of help during your financial strains, consider selling your unwanted gold. Rather than keeping your unwanted jewelry cluttering around your safe box for years, selling it to earn cash can be the right thing to do. Many people have inherited gold coins, necklaces, earrings, or other valuable jewelry from their grandparents or even their great-grandparents. Although they are usually priceless items, selling some of them can sometimes become the only way to save yourself from bankruptcy.

You might also like

How Our Idea of Natural Beauty Is Changing in the Digital Age

What’s happening this week and beyond

Basement Renovation Ideas That Maximize Space and Comfort

Here are some tips that will help you become an expert in selling gold. 

1.Understand the Market

Just like other commodities, the price of gold is constantly changing. In order to get the best value for your gold, you should know the current gold spot price and the market state. Ask yourself: Am I going to get the most value if I sell my gold today? Or should I wait? Several factors affect the price of gold, such as the rules of supply and demand, a foreseeable economic recession, or inflation and deflation. As a rule, the demand, and therefore the price, of gold tends to rise during a global economic turmoil.

2.Sell to a Reputable Buyer

Whether you decide to sell your gold to “Cash-for-Gold” companies or online, look for reputable places. If you are living in Southern California, look for trusted gold exchange companies that can buy your jewelry. Make sure to avoid selling your gold to transient gold dealers, or small unknown stores. For further reassurance, contact the Better Business Bureau in order to see if there are any complaints against the company/buyer, before you decide to sell your items.

3.Know Your Weight

Make sure you know the weight of your jewelry (in grams) before you decide to sell them. You should always watch how your gold is being weighed and understand the units of measurement. Ensure that you are being paid by the gram, as some buyers trick you by using other measurements, thus buying your item cheaper than its real value.

4.Shop Around

Actually, this is one of the easiest ways to ensure that you are getting the best value for your gold. If you have a gold necklace or earrings that you would like to sell, make sure to visit 3-4 gold experts or high-street jewelers in order to obtain an estimate of the value of your jewelry, based on the current gold prices. This way, you won’t be tricked or fooled by anyone who wants to rip you off.

5.Don’t Mix Karats

Make sure that you don’t let your gold buyer weigh your jewelry, of different karat value, together. Sometimes, buyers can combine all the different jewelry while weighing, and pay you for the lowest karat value; therefore, ensure they are weighed separately.

Whether you decide to sell your gold to your local jeweler or even online, caution must be exercised. Unfortunately, fraud in the gold business is very common and sometimes even hard to detect. Yet, the aforementioned tips will ensure you take a well-informed decision before you decide to hand in your valuable items to the buyer.

The Seeker

The Seeker

Next Post
Why Pilots Should Get A Life Insurance

4 Best-Kept-Secrets About Selling Real Estate

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Categories

  • Business & Finances (15)
  • Columns (626)
    • Archived (115)
      • Filter-Free Zone (9)
      • For What it's Worth (37)
      • Fostering Change (2)
      • Memo from the Mayor (2)
      • Men Writes (26)
      • Mortgage Tips (1)
      • Seeker Snippets (22)
      • Take Note (6)
      • Which Witch is Witch? (10)
    • Current (389)
      • Appreciating Contemporary Art (2)
      • Discover SD&G (36)
      • Fashionably Marlene (13)
      • From Sharyn's Pantry (7)
      • Gardening – Ask Anna (27)
      • Grant Spills the Gravy (10)
      • Jay's Tech & Cyber Insights (4)
      • Keeping it Reel (27)
      • Local Spins from Bud's Records (9)
      • Louise Mignault (58)
      • Mental Health Matters (10)
      • Out and About (51)
      • Outdoor Club (23)
      • Reality Bytes (8)
      • roadSIGNS (31)
      • Smart Move with Sondra (3)
      • The Resilient Life (5)
      • Transition Cornwall+ (16)
      • What I'm Reading (2)
      • Wondrous Life (33)
      • Yafa Arts & Craft (21)
    • Friends of the Cline House (1)
  • Douris Deliberations (6)
  • Events (1)
  • Health & Fitness (10)
  • Home & Garden (11)
  • Interviews (156)
    • 5 questions with… (106)
    • Business Profiles (1)
    • Locals in the Loupe (47)
  • Leisure & Lifestyle (736)
  • News (2,563)
    • Ontario (1)
  • Politics (24)
    • Federal Elections (10)
    • Provincial Elections (10)
  • Science & Technology (46)
  • Sports (3)
  • The Adventures of D.B Cooper (1)
  • The Soapbox (259)
    • Agree to Disagree (114)
  • This May Also Interest You (1,572)
  • Travel (52)
  • You May Also Like (969)
Facebook Twitter Instagram Youtube TikTok
Don't miss anything!

Get notified of all our new news by ringing the bell at the bottom left corner!

Content Safety

HERO

theseeker.ca

Trustworthy

Approved by Sur.ly

2024
Disclaimers
Stock Photos partially provided by our partner Depositphotos
The Seeker Newspaper is located at 327 Second Street E., Cornwall, ON K6H 1Y8 -- All rights reserved
The Seeker does not accept responsibility for errors, misprints or inaccuracies published within.Please note that the views and opinions expressed in news article are solely those of the authors and do not necessarily reflect the official policy or position of The Seeker. The content provided is for informational purposes only and has been written from the authors’ perspective, aiming to engage and inform readers. The Seeker is committed to presenting a wide range of viewpoints and encourages readers to conduct their own research and exercise critical thinking when considering these opinions in the context of their own perspectives.
ISSN 2562-1750 (Print)

ISSN 2562-1769 (Online)
No Result
View All Result
  • Home
  • News
  • The Soapbox
  • Columnists
  • Events
  • Advertise!
    • Online
    • In Print
  • Puzzles
  • Videos

© 2023 Reducing our footprint!   For every issue we print, we plant a tree!

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.