Gold is a precious metal to invest in. Just as buying gold is a craze among people, selling gold is also a craze in equal measure.
In today’s swerving economy, it looks like the stocks are out, and the gold is in! The price of gold has hit a lifetime high.
According to market analysts, scrap jewelry sales have increased in the past few days. So, people are on a sell-off mood! Buying of the precious metal seems to have dried up!
However, the most common concern of contemplative gold sellers is that they will get the wool pulled over their eyes. This is a valid concern that can easily be addressed.
Do your homework before selling your gold. Follow these tips to make sure you are getting the best value for your gold!
Understand the scales:
To safely and smartly navigate the gold market, you need to have a thorough understanding of different measurements of gold!
1 troy ounce of gold = 31.1 g
1 pennyweight of gold = 1.55 g
1 sovereign of gold = 8 g
Be alert that your dealer does not weigh your gold by pennyweight and pays you by the gram. This is a sneaky way to pay you less for more weight of gold!
Know your Karats:
One Karat is equal to 1/24 of pure gold by weight. So 14 Karats would mean the jewelry has 14 parts of gold and 10 parts of other metal. Know the Karats of your gold to make an informed decision on the scrap value of your gold!
Know the value:
Verify the current market price for gold before you sell. This can be done checking online.
Have your jewelry appraised:
This helps you set a realistic price for your gold jewelry. Moreover, appraisals allow you to acquire all the necessary documentation for your jewelry.
After doing all the legwork, head to Aaradyaa Gold to sell your valuable.
Among gold buyers’ websites with a solid reputation, you can trust Aaradyaa Gold! The team at Aaradyaa Gold properly tests, weighs and evaluates your gold!
They make it a quick and painless process to sell gold.
All you need to do is visit Aaradyaa Gold, and sell your gold.
You’ll receive your cash instantly!