• Skip to primary navigation
  • Skip to content
  • Skip to footer
  • 678-528-0049
  • 3525 Piedmont Center, Building 7, 3rd Floor, Atlanta

Us Diamond Traders

  • What We Buy
    • Sell Diamonds
    • Sell Scrap Gold & Silver
    • Sell Fine Jewelry
    • Sell Fine Watches
    • Sell Estate Jewelry
  • Jewelry Loans
  • About Us
    • Testimonials
    • Why Sell With Us
  • Locations
    • Atlanta
  • Blog
  • Contact Us
You are here: Home / Consumer Tips / Cash for Gold: Is it time to cash in your scrap gold, coins or bullion?

Cash for Gold: Is it time to cash in your scrap gold, coins or bullion?

January 25, 2017 By Ryan Ruud Leave a Comment

If you have scrap gold jewelry, old coins, or some bullion lying around, now could be a good time to turn it into cash. Gold prices are soaring with prices passing $1,200 per ounce and rising. This report from CNBC covers just how far prices could potentially go.

cash for gold

What You Need To Know When You’re Selling Gold

If you’re selling scrap, you’ll likely only get a portion of the scrap value, not market value for gold. The reason is buyers melt gold, they aren’t buying art or jewelry.

Also, like the value of a diamond, gold comes in various forms of quality and purity. Pure gold is considered 24 karat (24k). So if you have a 10 karat gold necklace, it’s less than half the gold of a necklace with an ounce of 24k gold.

Get Cash For Gold: Current Prices

If you’re looking to trade in your scrap gold, knowing the current trading price for gold per ounce is a good starting point. Bullion Vault tracks the market in real time and you can gauge when the best time to start getting a quote on your gold is.

Filed Under: Consumer Tips, Metals

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Locations

Get Directions

  show options hide options

Fetching directions......
Reset directions
Print directions
  • What We Buy
  • How To Sell
  • About Us
  • Locations
  • Blog
  • Contact Us
  • Facebook
  • Instagram
  • Twitter

Copyright © 2019 USDT · Terms and Conditions · Privacy · Digital Marketing by Lake One