Selling Gold Jewelry – Reasons Why Now Is The Best Chance To unload gold and diamond jewelry

You will find that there is no better time than the present for you to Sell Gold Jewelry. Do you want to know why? In case you haven’t heard the news, you have been lost on a desert island somewhere, or you have been too preoccupied obsessing due to all of the bad news about the state of the economy these days to pay attention to the good news, the price of gold is on a meteoric rise as of this writing, worth well over one grand per ounce. That’s right, you read correctly: You ought to be selling gold jewelry now because it is worth well over one grand per ounce!Gold has been consistently over the past decade, staying well above twenty percent annually, the only exception being a 5.6% loss in 2008. Even in the 2009, gold has managed to rebound from the global economic crisis and rebound already, at a 23 percent increase from year 2008 levels!So what does this mean to owners of gold? It tells you that despite the cyclical boom and busts, and the rise and fall of the dot coms, the boom and bust of real estate, the decline of the stock market, and the decline of the US dollar, all have proven to be altogether volatile investment vehicles, the only stable investment vehicle throughout this entire time has been gold.So if you have been in possession of gold for a long time, now would be a good time to cash in on it, if you are hard up for some cash due to this recession that we have just been through.So where ought we be selling gold jewelry? Who should we be selling gold jewelry to? How can we be sure that you redeem the highest amount?These are all extremely good questions. There are two parts to the answer:1. You should avoid selling gold jewelry to a retail store, at a pawn-shop, or jewelry exchange. Really any type of consumer retail shop is not a good idea. Why is this the case? Because these shops are in in business for flipping gold. They want to obtain gold from you for the purpose of of reselling it right away, while earning a profit in the process. They basically are gold brokers who look to earn a commission using the old buy low to sell high strategy. So quite naturally, they are be dealing tight profit margins and would not be able to offer you the price that you would be happy with.2. You really should be selling your gold directly to a refinery of gold. Why? Because a refinery of gold does business by obtaining gold, melting it down, and redistributing the raw material to other companies. There exists no middle man. There is no flipping gold for profit. They are able to offer a higher price for your gold since the profit margin in this type of situation is greater. So it makes for a win-win solution that satisfies both you and the refinery.Gold remains a solid investment vehicle, and has continued to remain so all the while that we have born witness to the boom and bust of the dot coms, the housing bubble and burst, the stock market crash of 2008, and the decline of the US dollar. So there is no better time than the present to be selling gold jewelry