Selling Gold Jewelry – The Reason Why This Is The right Chance To Cash In your precious jewelry

There’s no better time than the present for you to be selling gold jewelry. Would you want to know why? Unless you haven’t heard, you’ve been hiding in a cave somewhere, or you’ve been too busy getting depressed over all of the bad news in 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 above one grand per ounce. That is correct, you read correctly: You should be selling gold jewelry now due to the fact that it is worth well over one grand per ounce!Gold has been on a consistent rise over the past couple of decades, averaging well above 20 percent per annum, the sole exception being a 5.6 percent loss in 2008. Even in the 2009, gold has managed to recover from the global economic recession and climb back up again already, at a 23% increase from its 2008 levels!So what does this mean? It tells you that despite the cyclical boom and busts, and the rise and decline of the dot coms, the rise and fall of real estate, the near-collapse of the stock market, and the decline of the US dollar, have all proven to be rather risky investments, the only stable investment during this entire time has been gold.So if you have been in possession of gold for a long time, now would be a great time to cash it in, if you are in need of some money due to this recession that we have all just been through.So where ought we be selling gold jewelry? Who should we be selling gold jewelry to? And how can you be certain that you get the best value?These are all extremely important questions. There are two parts to the answer:1. Avoid giving gold jewelry to a retail shop, at a pawn-shop, or a jewelry exchange. Really any type of consumer retail store is not a good idea. Why is this the case? Because these stores are in the business of flipping gold. They wish to buy gold from you for the purpose of of reselling it straight away, while earning money in the process. They essentially gold brokers and look to earn commissions using the old buy low to sell high strategy. So it is quit obvious, they would be be up against narrow margins of profit and wouldn’t be able to offer you as much as you would be happy with.2. You ought to be reselling your gold to a gold refinery. Why is this the case? It is because a gold refinery is in the business of obtaining gold, melting it down, and redistributing the gold raw material to other companies. There exists no middle man. There is no flipping gold involved. They can offer you a superior price for your gold because the profit margin in this particular situation is higher. Therefore it creates a winning solution that makes happy both you and the refinery.Gold is a stable investment vehicle, and has continued to remain so while we have observed the rise and fall of the dot coms, the housing bubble, the market crash of 2008, and the devaluation of the dollar. So now is the best time to Sell Gold Jewelry for Cash