Selling Gold Jewelry - Why Now Is The Best Chance To Sell your precious jewelry

There is no more appropriate time than the present to sell gold jewelry. Would you want to know why? In case you have not heard the news, you have been hiding somewhere, or you have been too preoccupied getting depressed due to all of the negative news pertaining to the state of the economy these days to listen to the good news, the price of gold is constantly rising right now, valued at well above one grand per ounce. That is correct, you didn’t misread: You ought to be selling gold jewelry right now because it is valued at well over one grand per ounce!Gold has been on a consistent rise over the past couple of decades, averaging well above twenty percent every year, with the sole exception being a 5.6 percent loss in 2008. Even in the 2009, gold has managed to recover from the global economic meltdown and climb back up again already, at a 23 percent increase from 2008 levels!So what does this mean to you? It means that despite the cyclical boom and busts, and the rise and decline of the dot coms, the boom and bust of real estate, the decline of the stock market, and the decline of the US dollar, have all proven to be rather volatile investment vehicles, the only stable investment throughout this entire period has been none other than 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 extra cash as a result of this recession that we have just been through.So where ought we be selling gold jewelry? Who should we be selling gold jewelry to? And how can we be sure that you earn the highest value?These are all very good questions. There are two parts to the answer:1. Avoid giving your gold to a retail shop, at a pawn-shop, or jewelry exchange. Essentially any type of direct-to-consumer retail store is a poor idea. Why? Because retail stores are in in business for buying and reselling gold. They want to procure gold from you for the purpose of of reselling it straight away, while earning money during the process. They essentially gold brokers and look to earn a commission using the old buy low and sell high plan. So quite naturally, they would be be up against narrow profit margins and would not be open to offer you as much as you would like.2. You really should be selling your gold directly to a refinery of gold. Why? It is because a refinery of gold does business by obtaining gold, melting it down, and redistributing the gold raw material to other businesses. There is no middle man. There is no flipping gold involved. They are able to offer you a better price for your gold since the margin of profit in this type of situation is wider. Thus it makes for a winning solution that makes happy both the refinery and you.Gold remains a solid investment vehicle, and has remained so all the while that we have seen the boom and bust of the dot coms, the housing bubble, the market crash of 2008, and the devaluation of the dollar. So there is no better time than the present to Sell Old Gold Jewelry