Why Sell Your Gold
“Until you actually sell your gold, you haven’t realized its true value. If you sell today, you can get cash immediately that you can spend or invest elsewhere for a potentially higher return.”
usgoldbureau.com 2019
>> Gold & Other Precious Metals Hit All-Time Highs (Tampa Bay Times Article Excerpt 2022)
Gold prices have been hovering around $2,000 per ounce after almost hitting the record high in early March and are expected to stay robust through much of 2022. Which means this is a good time to sell your gold jewelry if you're looking for some extra cash. That tangle of chains in the back of the jewelry box or the heavy gold earrings you never wear could be worth something, especially when assessed together. Keep in mind that gold buyers aren’t necessarily looking for the jewelry pieces themselves, it’s the gold content that’s bringing the value.
In times of crisis people turn to gold for stability, said gold buyer Tony Davis of Atlanta, and that in turn increases the value. The Russia-Ukraine war, global supply chain issues caused by the pandemic and inflation are all fueling the price spike. The 2022 prices are about $300 more than spring of 2021.
Note: spot prices fluctuate.