Photo credit: Reuters.com
Timing can be everything when selling precious metals. After the January dip in prices and subsequent peak in February, the volatility of the price of gold seemed to be looming over investors. However, reports from New York earlier today noted a sharp rise in gold prices this morning, and these prices have held up very well over the entirety of the past week. Silver has also remained stable since it hit a 31-year high price earlier this week. These reports have put investors at ease and are making it the perfect time to for anyone to sell old jewelry.
Considering selling your old gold? Why not now? Holding onto old gold and silver can be detrimental if you want to maximize your profit with the unpredictability of price fluctuations. While predicting the price of gold can be a seemingly impossible task, analysts agree that now is an excellent time for the price of gold.
Your gold ‘trash’ can become treasure when you sell it for cash. Let the old, unused gold and silver collecting dust in your jewelry box work for you today while the price of these precious metals remains high. What you can do with all of the cash you get for your gold?
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