If you have been paying attention to gold prices these days you would know that the price has been reaching record highs. The price of gold now is in the $1,100 dollar plus range for an ounce. This is of course great news for people who would like to sell whatever gold items they may have. Even though the price is relatively high, it still seems to be climbing with each passing month. The main places where people sell their scraps of gold are pawn shops, jewelry stores, gold refiners or scarp gold dealers.
If you were to go to a pawn shop, cash for gold service or jewelry store to sell jewelry, then be sure to do an appraisal on your gold jewelry before committing to anything. This way you will be able to find out how much the jewelry will be worth. Keep in mind that you may not get the full amount of its worth because they also need to make a profit. Generally a jewelry store will give a higher amount for your gold than a pawn shop. On the whole these are the 2 best options when it comes to selling gold jewelry. Gold refiners will only pay you for the actual amount that is contained in the jewelry.
Another option for selling gold involves finding a scrap gold dealers. Scrap dealers will usually work as middle men for the refiners and will take a percentage of the profits. Because they are selling to the refiners, again you will only get paid for the actual amount of gold present in the jewelry. This is why it is better to go directly to the refiner if it is possible. The people who tend to use scrap dealers the most are those who have broken pieces of jewelry or out of fashion jewelry items. You will be able to find refiners online these days, if you do not have an internet connection and your own computer, then the yellow pages would be a good start.
