Sell Gold in the Lucrative markets like Canada

Gold is important in monetary markets because it has intrinsic value. That’s why an investment in gold can be a hedge against inflation. Now a day’s, almost every one of us is suffering shortage on money at one spot or another. It could be about the payment of bills, or needing fund for some kind of emergency. Either way you need fund to get rid of problem. If you have some old gold jewelry sitting idle in your jewelry box for ages, now is the time to get back in action. There is a quick and easy way to get some extra money, without any kind of risk to you.

If you want to sell your gold in Canada, then you will have to evaluate your gold’s worth according to the market. For this you will have to get appraisal for you gold piece, in order to sell your gold in Canada. This can be done by professional appraisers, who are everywhere in Canada.  They can evaluate the value by estimating the perceived direct costs of producing the item, and then add markup to the cost. Another way, which is more acceptable these days, is the systematic research in the market place. In this way they can find prices for comparable items. They can ensure this by visiting Suppliers of jewelry metals, Suppliers of finished gold items, or Auction Catalogue. If you don’t want to spend money on appraisers, then you can do it yourself. If you have a branded piece of jewelry, then you can obtain the exact value form that company, while selling your gold in Canada.

In order to sell your gold in Canada, you should have proper knowledge of market. In Canada gold from 9K to 24K is acceptable as gold. Get the amount of content in your item by looking for stamp on it. If the karat stamp is not marked then you should test it to determine the karat and type of metal.  This can be done by electronic metal tester or acid test.

After that, you should get the weight of your gold.  In Canada, the weight of gold is measured in a troy ounce, which is around 31.1 grams of pure 24K gold.

Now you can go to any retailer and make your offer. But keep in mind that cash value for gold jewelry is very less as compare to the appraised price. Now you wonder why; the reason is the appraised value of a jewelry piece includes the labor and the retail mark up. These retail mark ups on jewelry could be beyond belief. So you have to offer price that will be much less than you paid for it. But as you know, prices are going up on the rocket’s speed; you will get a fair share by selling your gold in Canada. For example; you may have bought a 24K piece on CAD$100 per 10 grams, now it is almost CAD$ 450 per 10 grams.

Another way to sell gold in Canada is by doing it online. There are thousands of websites which offer their services. You have to sign up with a certain website. They will get your information, and then will send an envelope or a box. These packs are insured so it will cost you nothing. These websites provide you with the facility of tracking, while you sell your gold in Canada, so you can track your jewelry on its way to the company.

Upon getting your jewelry, their trained professionals will weigh the item and evaluate your pieces. After deciding on a fair price, they will send you a check within two business days. If you are not happy with the offer, while selling your gold in Canada, you can negotiate with them on phone. Most of the time, customer get add up amount after such negotiations. But if you don’t like the offer at all, they will send back your item in few days. And you have to send the money back in 10 or more days.

Get High Cash out of Gold

The shining dawn; gold has always been highly esteemed in almost every part of the world since the early ages. It is considered as symbol of pride and fortune.

Its worth can be evaluated by the fact that all high achievements are rewarded by giving rewards made up of gold.  Nobel Prize is one of them.

Gold was used as the medium of monetary exchange throughout the world, but now there is currency for every country.  It is also used as a hedge against inflation in the form of coins and bars. One can buy and sell these coins and bars in the market in order to get cash for gold. The jewelry made from gold is also famous throughout the world. People also use gold for medical reasons.

Now a day’s, companies are ready to pay big amounts of cash for gold. In these hard economic periods, gold is a highly desired stuff. As its price always rises, it is highly demanded commodity. Due to high demand dealers are ready to pay a good amount of cash for gold. Now a day’s it is prudent act on the behalf of good investors, to get cash for gold.

A buyer can estimate that how much he will get cash for gold, from the current prices of gold in the market. These estimates make sure that you are receiving the best reasonable price for your items.

Gold buyers frame their price for your stuff, which is based on the current market price of gold, the weight of the piece and the type of gold. There are, basically, four types of gold, which are used to make jewelry. They are 10-Karat, 14-karat, 18-karat, and 24-karat. The type of gold of a particular item can be found from the marking inside of rings or the clutch of necklaces and bracelets.  Gold less than 24K does not get the price, as the pure 24 k. it is discounted proportionately. As 18K is 75% pure gold, 14K is 58.3%, and 10K is 41.7% gold, your piece will get the price according to the amount of gold present.

Now the question arises that where to sell your gold piece, so that you can get fair amount of cash for gold. When you think to get cash for gold by selling unwanted gold items which are resting in your jewelry box since ages, you should get the current information about the gold industry.

To find the best buyer is a difficult task and it is one decision which will have the maximum impact on your selling experience and getting cash for gold. Buyer will tell that how much you are going to receive for your gold and how fast will be the payment. For this you will have to search the market. You can search a gold market in your town; in this way you can get the chance to compare the different prices. There are also many online companies which offer the services to give cash for gold.

However; the authenticity of transaction should be confirmed first, either by asking people or checking out different comments on different websites. The process is simple. You can fill out a short form from their website which intends to get your information.

They send you the mailer box to send back your items in. It will take many days to get the box.  You will have to mail your stuff to them through that box, which will again take several days. They will check your gold items and then offer you a price. If you are not satisfied with the offer of cash for your gold, then you can get back your stuff. But if you accept the offer, then you can get the money.

Where to Sell Gold Jewelry to Get the Best Deal?

Where to sell gold jewelry without getting ripped off? This is a common apprehension among all most all gold users. After all the precious yellow metal is at its peak price currently. The best option is to choose a reliable gold refiner who offers solid and accurate value for the scrap gold jewelry. This is a secure as well as hassle-free way to trade in old jewelry.

While searching for where to sell gold jewelry, don’t limit the search among reputed jewels. There are many online purchasers who offer very profitable price for your scrap gold often more than their superior counterparts. A thorough research on yellow pages or even online can give a clear idea about these online retailers. However, spare yourself from the clutch of middle men who pretends to act as the channel link between you and the online purchasers. They might offer you less the actual price deal and take the profit from the retailer. So it’s better to deal directly with the retailer.

Many retailers have websites where the detailed procedure about where and how to sell gold jewelry is provided. All you need to do is to fill up an online form where you need to provide your details and specification about your scrap jewelry. You will get an instant confirmation about your submission and subsequently will receive a G-pack. The next and crucial step is to pack your scrap gold jewelry into the G-pack, seal it and send it to the concerned retailer. The packs are secure, so there is no chance of losing or getting misplaced of your old jewelry.

Once you send your jewelry, you don’t have to do anything else. The online retailer will estimate your gold value and will send you the money according to your preferred mode like cheque, cash or bank transfer. The retailer will also send you the details regarding how your gold value has been estimated. Many retailers also offer money back provision. If you are not satisfied with their estimation and cash offering, you can claims a return of your scrap gold within a stipulated time period.

With so many easy options, now you don’t have to worry about where to sell gold jewelry. Just chose for a reliable online retailer and get the best value for your gold.