subject: Selling Gold Jewelry for Extra Cash - Don't Be Too Late [print this page] Selling Gold Jewelry for Extra Cash - Don't Be Too Late
The idea of selling gold jewelry for a little extra cash is a very real concept and more and more people everyday are finding out how to make a little extra money by selling their old or unwanted jewelry.
Gold has gotten to be very valuable in today's terrible economy. Converting scrap or old gold into money is a very good idea if you have fallen on hard times or if you are struggling to get out of debt. Selling some of your gold jewelry may just be the kick start your debt elimination plan needs.
Selling My Gold Jewelry - Should You Sell Now or Wait for the Price to Go Up?
There is no better time than the present to get cash money when selling your gold jewelry. Yup, the price of gold on the cable business channels seems to be on an upward path, with the sky being the limit. But here is the simple truth, the price of gold will stop climbing and may even start to fall.
The price of gold has gone out of sight over the past couple of years or so. But guess what? Many experts think that the price of gold may go down as our struggling economy starts to recover. Even if it does not go down, its price will definitely level off.
What about the value of your gold? How much is it worth?
Just like a lot of people in this difficult economy, I am sure that you are wondering just how much you can really get for when selling gold jewelry for extra cash. Pure gold in a refined, industrial form is valued at about 35 dollars a gram right now. Do some research because the price of gold changes on a daily basis.
Gold jewelry is usually stamped with a karat marker somewhere. It could be a 10K, 14K or something like that. Most jewelry will not be 24K, which is the purest form of gold. So what is the most important question that you need to be asking yourself when you are thinking about selling gold jewelry?
