In the last couple of months people have been asking how they can cash in on the gold they have. This is because a lot of people are uncertain about what the economy is going to be from now on, some have even found themselves with no job security and hence uncertain of how they are going to make it through to the end of the month or the end of the year. Another reason is that the price of gold has jumped sky high and all indications show that it will continue to do so for so for some time. If you have gold that you have been holding on to, it may come in handy for paying those bills or buy more essential goods.
Sell gold for cash
There are always gold buyers willing to trade cash for gold. Jewellers are top of the list. You could walk in to a jeweller to have your gold jewellery appraised even if the dealer doesn’t buy second-hand jewellery an estimate of what hour jewellery is worth. There are many jewellers who do buy and sell second hand jewellery. Search for “sell gold Brisbane” on Google or ask around your area for such jewellers.
But before you do all that know what you have. This means check the karats on your gold jewellery and weigh the gold before hand. Estimate how much your gold jewellery might be worth by checking the spot price of gold before heading out to find a buyer.
Scrap gold buyers
If your gold is old, worn and damaged there are scrap gold buyers in Brisbane who will give you cash for it. You only need to walk in and have your gold jewellery weighed and assayed and walk out with cash in hand.
There is also a large number of dealers who sell gold Brisbane online. The process is slightly different in that you don’t have to have a face-to-face interaction with the person you are selling your gold to. People have to be careful when it comes to online selling. If it’s your first time, it helps to do as much research as you can about the ins and outs of cash-for-gold businesses. You will need to deliver your gold to the gold buyer but before you do, weigh your gold and be sure of the quality of your gold. Get a rough idea of what your gold jewellery should be worth. Find out as much as you can about the company you are thinking of selling to and find out what the online reputation of the company is. Social media makes it easy to learn about the reputation of a specific buyers because it provides a platform for past customers to rant or rave about various gold buyers. Besides social media platforms, you can look at Google reviews or consumer report websites.
See other opportunities to make money
Some people have taken advantage of the business opportunity that gold and its rising price presents. They have taken to buying gold from family and friends or hosting gold parties where they pay a small amount of money for old and broken jewellery that most people don’t know what to do with and selling them to gold buyers or refineries for a profit.