Tuesday, July 20, 2010

How to get the most for your Gold !

A very popular trend these days has been gold buying and gold selling. Its no breaking news that gold is at an all time high, and there are a gazillion of companies out there willing to pay you for any gold jewelry you may have. People are lining up to sell their rings, chains, watches, coins, scrap gold to jewelers and pawn shops. How can you take advantage of this? Read below.

First of all, you must be aware of current gold prices and the breaking news.
www.kitco.com --> This website will give you the up to date minute by minute gold prices, silver prices, and platinum.

I currently live in long island, and there must be over 100 gold buying stores and pawn shops offering to buy your gold at the "highest" prices.

You should be aware of what type of gold you own. There are different purities in gold and some are 10k, 14k, 18k, 22k, and 24k.

Depending on what karat type your gold is you can receive much more money !

One place I went to ask questions was Nassau Buyers in hicksville (long island), they gave me a bit of information I will pass on to you all...

Before selling your gold know how much it weighs, this is in Grams, ounces, or pennyweights. These are the 3 main measurements jewelers will use to assess how much you will get paid.

I will be back with more information soon, so keep posted !

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