Sell Gold Jewelry – The Reason Why This Is The Ideal Opportunity To Sell Your Gold Jewelry

There’s no more opportune time than now to be selling gold jewelry. Would you want to know why? In case you haven’t heard the news, you’ve been hiding someplace, or you’ve been too preoccupied obsessing due to all of the negative news in the state of the economy these days to pay attention to the good news, the price of gold is ever increasing as of this writing, valued at well above a grand per ounce. That’s right, you didn’t misread: You ought to be selling gold jewelry now because it is valued at well over a grand per ounce!Gold has been constantly rising over the past couple of decades, staying well above twenty percent per annum, the only exception being a 5.6% loss in 2008. Even in the 2009, gold has managed to recover from the global economic meltdown and rebound already, at a 23 percent increase from year 2008 levels!So what does this mean? It tells you that while the cyclical bubbles 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 devaluation of the US dollar, have all proven to be altogether risky investments, the only stable investment vehicle throughout this entire period has been gold.So if you have been holding onto gold for some time, now would be a great time to cash it in, if you are in need of some extra cash due to this recession that we have just been through.So where should you be selling gold jewelry? Whom should you be selling gold jewelry to? How can one be certain that you earn the best price?These are all very good questions. The answer is two-fold:1. Avoid selling gold jewelry to a retail operation, a pawn-shop, or jewelry exchange. Really any type of customer-focused retail shop is a terrible idea. Why? Because retail stores are in in business for buying and reselling gold. They need to purchase gold from you with the intention of reselling it immediately, while making money in the process. They basically are gold brokers and look to earn commissions using the old buy low and sell high plan. So obviously, they would be be up against tight 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 is this the case? Because a refinery of gold is in the business of acquiring gold, melting it down, and redistributing the raw material to other businesses. There exists no middle man. There is no flipping gold involved. They can offer a superior price for your gold because the margin of profit in this particular situation is higher. Therefore it makes for a win-win solution that makes happy both you and the refinery.Gold remains a stable investment, and has continued to remain so while we have observed the boom and bust of the dot coms, the housing bubble, the market crash of 2008, and the decline of the dollar. So there is no better time than the present to be selling gold jewelry