Selling Gold? Ensure You Get The Best Value

If you're looking to sell your gold, you may be feeling apprehensive. The market for 'cash for gold' is massive, and there's a huge range of places ready to hand over cash for your gold

Whilst some gold merchants will give you a decent price for your gold, there's an equal number who are betting on the fact that you don't know how much your gold is worth, and you're desperate for cash. Let's take a look at how to find the best Gold Buyers in Australia

Step 1 : Work out how much your gold is worth in today's market.

If you're not sure exactly what kind of gold you have, this could be tricky. The purity of gold is measured in Karats. 24 Karats indicates the highest level of purity in gold - near 100% (99.6% or above). Twelve (12) Karats is 50% pure gold, usually the lowest commonly found. Knowing how many 'karats' your gold is will help you know how much it's worth.

If you don't have a clue of the purity of your gold, take a trip to your local jeweller. If you go to the Jewellers, they may offer you a decent price for your gold. But don't jump in just yet! Getting at least three valuations for your gold is a great idea.

Step 2 : Get A Few Different Valuations

The best way to get the upmost value for your gold is to seek out a number of valuations - and take the best one! Outlets like 'Cash For Gold' don't give good returns, and without another valuation you wouldn't know you were being ripped off. Beware!

Take the time to get your gold evaluated by a minimum of 3 different places that purchase gold and see what they come up with. Better yet, mix up the type of companies or stores you consult. A mixture of Local Jewellers, 'Cash For Gold' outlets in your local Mall, and, if you can find one, a 'rare metals expert'.

Step 3 : Don't Be Afraid To Haggle!

More people love a good deal, so they may be inclined to offer a price for your gold thats... well.. in need of an overhaul. When a gold buyers comes up with a price, see if they'll take a few dollars more. Look - more money is good money, right? Give it a shot. They might say no, but there's no harm in trying!

Well, there you have it - our 3 step guide to finding a decent Gold Buyer. We hope you've found this helpful and wish you many happy financial returns in your Gold Selling adventures!