In today’s economy, everyone seems to be searching for a sure thing to invest in. Whether it’s a safe stock option or another commodity, people want to have a secure
investment portfolio. According to a recent post on the Equifax Finance Blog, gold is a solid solution for buyers and sellers.
In “
Investing Advice for Selling Your Gold,” the writers on the Equifax Finance Blog explain how to get the most money for your gold.
- If you’re planning on measuring gold yourself, remember that gold is not measured in standard ounces. Instead, gold is measured in 31.1 gram units called troy ounces.
- To get an idea of how much your gold is worth, get two or three appraisals. You can find a trustworthy dealer through a source like the National Association of Jewelry Appraisers.
- Once you’re ready to sell, there are several options available to you. The jewelry store usually offers the most money, but there are also gold parties where you can make a few hundred dollars. If you want to try sending your gold to one of those mail-order places on television, be sure and read the full article for tips.
- Watch out for scams. If it seems to good to be true, it probably is!
To read more advice on selling gold, visit the
