Monthly Archives: September 2015

Gold Isn’t So Hard To Get To Know With The Right Information!

Gold Isn't So Hard To Get To Know With The Right Information!

Gold Isn’t So Hard To Get To Know With The Right Information!

The surge in popularity of gold buying and selling in recent years is likely the result of the perfect storms of financial insecurity and economic turbulence. If investing in gold is something you have intended to learn more about, you have come to the right place. Continue on for some terrific tips that you can put to use right away.

When buying gold, it is best to buy in larger weights. The more the gold weighs, the less you will pay per ounce. Take your time when buying gold to be sure to shop around for the best price for the weight that you are intending to buy to be sure you are investing wisely.

Before attending a gold party, separate your jewelry by karat weight. Some buyers will try to weigh all of your pieces together, and then pay you based on the lowest karat weight among them. This amounts to less money in your pocket, meaning you have made an unfair sale. Continue reading

Increase Your Gold Expertise By Using This Advice

Increase Your Gold Expertise By Using This Advice

Increase Your Gold Expertise By Using This Advice

You’re probably here because like most people you are looking for a good place to invest your money. You also are looking for ways to minimize your risk as well make a profit each month. If this is you, there are many great tips in the below article that show you how to invest in gold.

If you have a nice gold piece, consider selling it privately rather than through a gold purchasing agency or jewelry store. Many companies that are in business to buy gold will only buy it to melt and sell, meaning they will pay only for the weight of the gold. An individual who likes your piece might be willing to pay a higher price tag, because they are likely to keep and enjoy the piece.

Prior to selling or buying gold, be certain you know how precious metal pricing works. Gold, platinum and silver prices tend to fluctuate daily, so make sure you check the spot price on a specific day before you make a transaction. You need to get ready to pay higher prices than mere melt value on fractional pieces as opposed to one-ounce pieces. Continue reading

Get To Know Everything There Is To Know About Gold

Get To Know Everything There Is To Know About Gold

Get To Know Everything There Is To Know About Gold

For millennia, gold has played a central part in the world’s economy. Only within the last century did most nations go off the gold standard. Millions of people still invest in gold as part of their financial portfolios. If you are interested in investing in gold, keep reading for some great advice.

It is important to understand the type of scale your gold dealer uses. Some dealers use a Troy scale while others use a pennyweight. On a Troy scale, gold weighs 31.1 grams per ounce. A pennyweight equals 1.555 grams. In comparison, a US scale measures each ounce of gold at 28 grams.

Beware of buying or selling gold from any mobile offices or cold-call solicitations. These “businesses” are set up in temporary locations that include inns and motels. They claim to offer instant cash for silver and gold pieces, especially coins. They enjoy taking pieces to make a profit for unfair or no compensation. Continue reading

Helpful Hints For Buying, Selling And Trading In Gold

Helpful Hints For Buying, Selling And Trading In Gold

Helpful Hints For Buying, Selling And Trading In Gold

Gold seems to speak a universal language. It does not matter what a country’s exchange rate is; gold always holds its value no matter where you go. It is no wonder that this precious metal is such a popular commodity for investors. This article will talk about some basics in smart investing in gold.

Make sure the dealer you are considering is licensed. Make sure, too, that the dealer is active in reputable organizations within the industry. This is a business with a lot of sharks in it, so the more things that prove the legitimacy of the operation, the better it is for you.

Avoid gold coins that are being sold at flea markets and local pawn shops. They may seem like a great deal, but all that glitters is not gold. The coins may be counterfeit and/or they may have been cleaned to make them appear far more valuable than they actually are.

How heavy your gold is will determine how much money you get for each piece. However, some dealers are not very reputable and may try to pay you less than you are owed. Watch out for anyone who weighs your gold by the pennyweight but tries to pay you for grams instead. Continue reading

Gold And Everything That Needs To Be Known About It

Gold And Everything That Needs To Be Known About It

Gold And Everything That Needs To Be Known About It

During economic instability, people have often found that gold makes a great investment. But, even experienced investors can be confused about the gold market. Read on for helpful advice about purchasing and selling gold.

Look into companies like GoldMoney. This program allows you to purchase gold without taking physical possession of it. You deposit money into an account and they assign you gold that remains in vaults. Do not worry about theft of your gold as it is insured while it is kept in the safe.

If you decide to go with a mail in service to sell your gold, make sure to have your items insured. If the items do not arrive at the buyer’s location, you could lose out on the entire value of your gold. By insuring the items, you are protecting yourself against loss or theft.

Before you buy gold from a dealer, get a guaranteed delivery date. If this is not possible, make sure you get a written contract outlining when the items will arrive. Their expected delivery date should be indicated. Only go through with your order if you obtain this document. Continue reading