Tag Archives: Gold Buying

Find Success In Gold With These Gems Of Tips

Find Success In Gold With These Gems Of Tips

Find Success In Gold With These Gems Of Tips

Many people forget about investing in gold because they think they have to buy expensive gold bars. While this is an option, there is much more to investing in gold that just buying it raw. Keep in mind the tips you’re about to read so that you can work towards adding gold to your portfolio.

Gold fluctuates a lot, so be aware of the purchase price before selling your gold. When selling gold, be sure that items of differing karat values are weighed separately. A designer piece, however, shouldn’t be sold because the item as a whole could be worth more than just the gold.

Do your research on the fee and commission structures for the dealer you are considering. Every dealer will have slightly different commission structures. Some may be more fair to you than others, so use it as a way to comparison shop against multiple dealers. This way, you can get the best deal for you possible. Continue reading

Want To Know More About Gold? Read This

Want To Know More About Gold? Read This

Want To Know More About Gold? Read This

Wise investors have always kept gold in mind as a solid method of safeguarding wealth, but interest in the commodity has truly boomed of late. However, far too many investors lack the essential understanding of gold markets make smart decisions in terms of buying and selling. Keep reading to ensure that you are not among the latter group.

You’ll want to know just how much your gold will be worth when selling it. You need to sort your gold according to its karat value before weighing and assessing the value of each item. Don’t sell jewelry that’s worth more due to maker or designer.

Take precautions if you mail your items. There are a lot of mail-in services these days, and while they can be convenient, you need to protect yourself. Send the pieces through insured mail, take photographs and know the company’s policies in case they lose your gold pieces and you want a settlement. Continue reading

Mine These Tips And Tricks For Success In Gold

Mine These Tips And Tricks For Success In Gold

Mine These Tips And Tricks For Success In Gold

Are you a fan of gold? If so, you are part of the millions of people in the world who adore this metal. But, just how much do you know about gold? If you feel as though you could benefit from learning more, then this article is perfect for you.

It is important to understand the type of scale your gold dealer uses. Some dealers use a Troy scale while others use a pennyweight. On a Troy scale, gold weighs 31.1 grams per ounce. A pennyweight equals 1.555 grams. In comparison, a US scale measures each ounce of gold at 28 grams.

Look into companies like GoldMoney. This program allows you to purchase gold without taking physical possession of it. You deposit money into an account and they assign you gold that remains in vaults. Do not worry about theft of your gold as it is insured while it is kept in the safe. Continue reading