Get Instant Money to Sell Your Gold for this Christmas Eve Party

Are you going to a fun Christmas Eve party this year and looking for extra holiday cash? One of the fastest ways to accomplish this is if you sell your gold jewelry or sell your old gold.

As you may know, gold is one of the most stable and reliable ways to store value. Many people have gold in the form of gold jewelry or gold bullions. If you’re ready to part ways with your gold and get cash for gold jewelry, you’ll want to know the best place to sell your gold.

How are Gold Prices Doing?

Gold prices are at a decent high, so now is a good time to sell your old jewelry, especially gold jewelry. If you are a collector of gold coins, it would also be worth your while to think if you’d be prepared to sell your gold coins. Although the process of selling gold can feel confusing, there are reliable and trustworthy buyers out there who can offer you a great price for your gold items.

How does Gold Pricing Work?

Gold is priced by weight, with prices normally provided for one gram, one ounce or a kilo of gold. As with any commodity, the price of gold can change often, making it important to check the latest rates if you’d like to sell your gold jewelry.

Unless otherwise specified, the price of gold refers to 24K gold or “pure” gold which is 99.99% pure gold. So, if you’re looking at gold plated jewelry, this will not hold the same kind of value as 24K gold. Pure 24K gold has an intense orange color and is soft and malleable. It’s the type of gold used for investment grade coins and gold bars (bullions). Because it’s soft and bright in color, 24K gold isn’t used for jewelry. Instead, you’ll find less pure forms of gold such as 10K, 14K and 18K gold.

Luckily, this doesn’t mean you can’t sell your gold jewelry, but the price will be determined based on the pure gold content that can be extracted from the item when it’s melted and refined.

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