New Year & Holiday Cash for Gold Bonuses & Promotions for 2019

Money can be tight around the holiday season. You want to give your loved ones amazing gifts, but can you afford them while still paying for rent and gas? You can make it work, but oftentimes you find yourself a little short on cash after all the festivities. With gold prices not moving too far in the past year, now might be the perfect time to cash in on your investment. Many local pawn shops and cash for gold stores offer new year & holiday bonuses to make it a great time of year to sell gold.

Pawn shops and cash for gold stores often do a lot of business around the holiday season – it’s their busiest time of year. That means they’re usually coming off a profitable time for their company and looking to keep business strong through the beginning of the year. You’ll often see new years and beginning of the year promotions that slim the margins for cash for gold shops.

This can be a tough business, which is why we operate this website in the first place. Not every cash for gold shop is reputable, and many will try pay you as little as possible to increase their profits. The more reputable companies pay flat rates so they can earn a living but also get you a reasonable amount for your valuables. Make sure you find a reputable gold buyer near you to check reviews so you can walk in a smart consumer.

Regardless of how much research you do or what kind of gold buyer you’re dealing with, it isn’t a bad idea to visit the gold shop after a profitable season. Walking in after a shop has made quite a bit of money might make the owners a little less desperate to increase their margins on you. We’d like to think that wasn’t a factor, but it’s human nature, and you can’t be too careful about those things (although we’d really recommend you just find someone reputable from our directory so you don’t have to worry about it!).

As far as where the price of gold will go in 2019 – no one really knows. Many industry professionals are moderately bullish about prices, while others think continued dollar strength and the rising influence of bitcoin will continue to hamper gold prices as a safe haven investment. From our perspective, it’s more or less a guess either way.

When making the decision to sell your gold, you should be looking to get the best price as soon as you can. Historically, other market investments outperform gold, and it’s unlikely for that to change except for brief, temporary periods of time. Will one of those happen in 2019? Maybe. But if you want to bet on an increase in gold prices, you’re better off using financial instruments or ETF’s to do that – not hold on to grandma’s broken necklace.

And as always, before you step foot in a cash for gold shop or send your gold to a mail service, it’s ALWAYS a good idea to calculate the value of your gold first.

Happy New Year, and happy selling!

Jewelry Appraisal Costs - Local vs Online Gold Appraisers

Jewelry Appraisal Costs – Local vs Online Gold Appraisers

Maybe you want to get it insured. Perhaps it’s important to know how much it is worth for tax purposes. Or do you want to sell it? Whatever the reason you want to get your gold jewelry appraised, it is important that you get it done right.

You see, the price for an appraisal can differ a lot. In some cases, you can get it done for free. At other places, it might put you back hundreds of dollars. Now that’s a big difference!

It doesn’t stop there. You see, there are appraisals and then there are appraisals. Sometimes they’re going to be spot on and give you the value down to the second decimal place. On other occasions, however, they will give you some much lower figure that underestimates the item’s worth.

When do you need an appraisal?

Okay. Before we get into all that, let’s take a step back and answer when you actually need to get your jewelry appraised.

Well, you don’t really need to get it done if you’ve still got the original appraisal from when you bought the item. Similarly, if it’s only gold, you know the karats and the craftsmanship isn’t fantastic (or it’s a gold bar) then you can calculate the price on your own.

Only if the craftsmanship is outstanding or there are precious stones, like diamonds, involved do you need to make sure that you get it appraised. That’s because these things can be difficult to quantify when you’re not a professional.

So, what is an appraisal?

So, what is an appraisal?
A lot of people think that the answer to this question is so straightforward they forget to ask it. That’s unfortunate, as it’s actually not what most people think it is. People assume that when they get an appraisal done, they’ll get quoted a value, which they will then get paid at the shop.

But that’s not how it works.

An appraisal gives you the retail value or what it would be worth if you would buy it in the shop (big difference). It includes several markups from whoever sat there with the eyepiece in crafting it, to what the shop puts on top. This price does have its uses. For example, when you’re getting it insured, this would be the amount used as that would be the ‘replacement cost’. Similarly, the tax man would care about this number.

If you’re trying to sell it, though, then this price isn’t as useful, as gold buyers aren’t going to pay you the same. They are probably going to offer you around the wholesale price.

Watch out for conflict of interest

They might not even offer you that. For example, if the item was made by a competitor they might lowball the number to make the other person look bad. Similarly, if they want to buy it, they might be tempted to give you a low offer, so that they can buy it on the cheap.

You can avoid both these situations by looking for appraisers that have the right qualifications. For example, they should have a diploma in gemology from an accredited school, like the GIA. Note the word diploma there. If they’ve only taken one or two courses, that doesn’t cut it.

You’ll also want whoever they’re working for to be accredited by the BBB. That way, if they lowball you they’ll run the risk of losing their accreditation. That might kill their business, so they’ll be a lot less likely to do that.

Why most people now use online appraisers

Why most people now use online appraisers
In fact, that’s why many people now use online appraisers. After all, the information about what accreditation the company and their appraisers have is right there on the webpage. In that way, you can make an informed decision long before you get in touch.

Another advantage of the online appraisers is that often much less expensive. This is because your local appraiser will only be able to reach a limited market with their store. If they want to reach a bigger audience, they’ll need to build more stores and hire more appraisers. That’s expensive.

This is not a problem for online appraisers. Their one website will reach all of the country. And because of such high-quality services like FedEx, DHL and UBS, things can be shipped to a central location with a minimum of fuss. All that means lower overheads. That means they have to charge you less for the same high-quality service.

Not bad, right?

What about the free appraisals performed by online buyers?

That’s a good question. Can you trust these kinds of appraisals? Won’t there be a conflict of interest, like I mentioned above? Yes, there might be and you do want to protect yourself from that as best you can.

A good way to do that is to check out the testimonials that the site has. Read through them and see if they’re positive. Also, check for links outwards, as then you can see if the people who wrote the reviews actually exist.

Also, check for external sites to see how the company is rated there. This is important, as they can’t affect these scores. That means these ratings are more likely to be objective.

You can check out our ratings of different gold buyer on our main page.

If you follow those two strategies, then you’ll get a good idea if previous customers were happy with the service. And the happier they were, the more confident you can be that you’ll be happy too.

10 Fun Facts About Gold

Gold, its history, and its properties, are fascinating. And we’re not just saying that because, you know, we work with gold (like how you can find a buyer). Gold has, for better and for worse, been an immensely important part in our history. For example, it and silver fueled the original colonization in South America and ultimately North America as well.


Below we’ve collected 10 of the most interesting facts about gold. Which ones did you know? Which ones are new? Which ones surprise you the most? Read on! Find out!

1. Big deal, small amount

All the gold in the world could be compressed into an 18-yard cube. This would have about 1/10 the mass of the Washington Monument. In fact, gold is so rare that in one hour today we pour more steel than we’ve poured gold in our entire existence as a species!

2. It’s in the water!

At the same time, it isn’t actually that rare. For example, there is a huge amount of gold in the oceans – about 25 tons per cubic mile. In total, that amounts to about 10 billion tons in all. That’s 63 thousand times more than the 161 thousand tons humanity has managed to mine so far.

The problem? We have no idea how to extract it economically! So, maybe that’s a new weekend project for you? Don’t expect it to be easy, though. You see, gold is a noble element, which means it’s very unreactive. And as getting it out of the sea would mean you’ve got to get it to react with something, that’s a problem!

3. And the food

The fact that it’s so unreactive has its benefits, though. It means you can wear gold without having an allergic reaction to it! (If you are having a reaction, whoever gave it to you might not have been entirely honest about its purity).

It can also be eaten without any negative effects. For that reason – and as gold can be found across all 7 continents – gold is consumed in many cultures, across Asia to America. Native Americans believed eating gold let you levitate!

4. Reformed

Gold is the most malleable and ductile pure metal known to man. In its pure form, it can actually be molded by hand. If you have an ounce of gold, a hammer and a lot of frustration to work out, you could flatten it into a sheet measuring 100 square feet.

5. Don’t sweat it

In the olden days, our currencies were based on valuable metals. The most valuable coins made of gold. In those times, many criminals focused on debasing coins to make money. There were two common ways to do this. They were known as ‘clipping’ and ‘sweating’.

Clipping was where the criminal would remove (or clip) gold from the coin. That’s why many coins nowadays have those ridges or writing on the side, so you can see when a coin has been clipped.

The other way was ‘sweating’, which was where you put the coins in a bag, shook around a lot and the gold dust collected. The biggest debasers weren’t small criminal organizations, though. They were the governments, who would mix in cheap metals.

6. Transformative!

Chemistry comes forth from the medieval ‘science’ of alchemy, which was in a large part about turning lead into gold. The most famous alchemist in the world was Isaac Newton. Yes, the scientist.

Except, he wasn’t really a scientist. Besides many great inventions (including understanding gravity), he spent so much time trying to turn lead into gold. He spent so much time on it, went partially mad from lead poisoning.

7. Where you least expect it

Gold is used in a lot of modern technology. For example, the helmets of an astronaut’s suit are lined with gold to reflect the sun and keep it cool. Computers also have a lot of gold in them. In fact, they contain so much that 1 ton of old computer equipment has more gold than 17 tons of gold ore.

8. From the stars

Gold is a space metal, which arrived on our planet about 200 million years ago in asteroids. Yup, that’s right, it’s star dust! Many cultures understood its otherworldly significant. The Egyptians believed it was the skin of the gods. The Greeks believed it was a combination of water and sunlight. And the Incans though it was the tears of the sun.

In fact, the letters on the periodic table for gold, Au, is for the word “Aurum” which is Latin for “Shining Dawn”.

9. Okay, but some people went too far

Gold has many medical properties. For example, it is sometimes injected into joints to help with rheumatoid arthritis. In the past, the healing properties were thought to be far more significant, however.

For example, many rich people believed that drinking gold would fight off the bubonic plague. Incidentally, this was also around the time that the word ‘quacksalver’ was introduced.

10. So where can I get some?

80% of the gold is still thought to be underground. And, seeing as gold exists on every continent, that means your back garden could have some. Of course, just because it has been found everywhere doesn’t mean that it’s equally distributed everywhere.

The most has been found in South Africa, where some 40% of the world’s gold has been dug up. To do so, they’ve had to go up to 2 miles underground. So yeah, if you want to hunt gold, you’d better not be claustrophobic!

Of course, if you want to sell gold, that’s an entirely different matter. That you can do from anywhere. Just follow these simple instructions and you’ll be set, for there are always gold buyers nearby.

Finding The Best Gold Buyer Nearby

finding a gold buyer nearbyMaking as much money as possible is what most people shoot for when looking to sell their gold. While how much a gold buyer pays out should have great influence on the buyer you choose, there are other factors that need to be considered when finding a gold buyer nearby. This article will show you what to look for when selecting a cash for gold store and how to ensure you have the best experience as possible when selling your gold.

Understand How Cash For Gold Works

By having a basic understanding of how payouts are determined by the gold buyer, you can actually have an idea of what they will offer you. Precious metals like gold, silver, and platinum all command a certain price at a given time, an that price can fluctuate as the global economy changes. Gold buyers may advertise the percentage that they are offering on any of those metal  prices. For example, if gold is selling at $1,000/oz., a gold buyer may advertise a %60 payout,  so you would receive $600 if you brought in an ounce of gold. So why aren’t you getting the full $1,000? Because the gold buyer is able to stay in business and provide people this service usually at any time of the day, from reselling the items they receive in different ways. If you had a gold necklace worth $500, you may be able to get $350 from the cash for gold dealer instantly. If you sell the necklace yourself, you may get the full $500, but it would cost money to advertise and time to wait for the right buyer. The service that cash for gold dealers provide can be very beneficial but it does come at a small cost. Finding the best gold buyer nearby will help you earn more money for your gold.

Find a Gold Buyer Nearby

Use our Cash for Gold Directory to find the gold buyers in your area. There are likely many to choose from and we also have online gold buyers if you think that is an option for you. Navigate to your state, then city or town, or use our search function with your zip code. Addresses and contact information are provided and you can determine the closest buyers to your home. You will also see that some buyers advertise their average payout. There are many different things to consider when you decide which gold buyer to use.

What To Look For

As it was mentioned above, payout is the biggest factor for many, as it should be, but there are also other things to consider. The reputation of a cash for gold dealer should also be taken into account for a few different reasons. A gold buyer with a positive reputation has obviously pleased many of their customers. This can be done through good customer service, keeping up with current metal prices, offering specials and more. One scenario to consider is if you have something in that you are unaware of its value. A reputable buyer would be honest with you and let you know the significance of your item, while a shadier place could offer you a low amount that you would not be content with if you knew what the buyer did about the value of the item. Finding a gold buyer with a good reputation is also very important to consider.

Following the information in this article will lead to a better gold selling experience and having knowledge on the ins and outs of the business can earn you more cash for gold. Our blog also contains other great info that can be beneficial when selling gold.

Do Pawn Shops Pay a Fair Price for Gold?

If you are looking for some extra cash, jewelry is one of the most viable options. You can get a substantial amount from jewelry you have which can help you in your time of need. There are a number of ways to sell your gold, each with its own pros and cons. One such option which is always available are pawn shops.

Gold is a heavily traded item which is traded in the open market and has a varying price similar to those of currencies. An advantage of gold being a heavily traded item is the fact that at any given point of time, the price of gold is constant regardless of your location. You can reliably predict how much gold would cost you, if you were to buy it or how much you can get, if you were to sell it.

Before going to sell your gold, know its value

You should be aware of the value of your item before you go to a shop to sell it. One way to do that is to get a qualified appraiser. They can determine the properties and value of your gold in order to give you an idea of how much your jewelry is worth, if bought new. Getting it appraised from multiple sources is also a good idea, since it allows you to fetch a higher appraised value as well as having multiple sources of confirmation about the gold’s value.

You should be familiar with the current market and fashion trends. A good appraiser and jewelry salesperson can answer your questions, so inquire as much as you can. A piece of jewelry which is currently in trend might sell for more than a piece which is not.

Another important factor is, does the jewelry have history? Your jewelry or item might be worth more than its raw gold If it belonged to someone prominent, or if it has some historical significance, you can expect a much higher offer than you would get for gold of same weight.

There have been auctions where items sold for tens of thousands of dollars because of their historical significance, which would otherwise not have a worth of more than a few hundreds of dollars if purely judged by their material. Before you decide to scrap the piece or sell it purely based on its weight, make sure to dig deep into its history.

Prepare the item for sale

Appearance can go a long way in convincing the pawnbroker to give you a good deal. A dusty and old looking necklace you bought for $10,000 might not even sell for 10% of its value because the pawnbroker was not convinced of its market value. However, a necklace which looks new might fetch a lot more if it can appeal to the pawnbroker’s eye.

You can clean the item for yourself with a few household items, there are a number of helpful guides available on the internet. Or, if you are not comfortable handling this yourself, you can ask your local jeweler to do this for you. They handle most cases of maintenance fairly economically, and you would often end up spending fairly less on maintenance than the money you would gain while selling the jewelry.

How much would your gold fetch you at a pawn shop?

This obviously depends on a number of factors. However, you will certainly be getting significantly less than the original price you paid for the jewelry. The same goes for the appraised value of the jewelry. The appraised value gives you the price for the piece when it is bought new when you factor in the cost of manufacturing, store operations, etc. Selling it back to the store or a pawn shop loses a lot of that value.

You can get anywhere between 30-70% of the value of the raw gold the jewelry has, since the pawn shop also has to factor in the cost of melting it down and to form it into new jewelry or into raw gold bullion. Some plain chain appraised at $250 was offered between $130-150 at several jewelry stores as well as at pawn shops. Similarly, a $600 necklace was not offered more than $320 at several shops and stores.

You can get a higher value if the piece itself is marketable, has a history, or if you sell it for scraps. Selling it for scraps means that you have melted the piece yourself and are selling the raw materials. It also makes it easier for you to get an offer, and can be beneficial if you have a number of smaller items. However, you should be well aware of the quantity of gold and quality of jewelry before you decide to melt it, so make sure to get it evaluated from one or more appraisers.

Selling it to a pawn shop does not have any distinct disadvantages when compared to selling it to a jewelry store. Due to the heavily traded nature and market of gold, both tend to offer similar prices. A pawn shop has the advantage of being more flexible and can even offer you loans or various deals which might suite you better.

As always, an option is to sell the gold directly to a buyer, which generally has the highest return. This skips the costs a pawn shop or a jewelry shop might have for gaining a profit and can fetch you a price closest to what the piece is worth. However, that may require you to search for a buyer and wait. If you do not wish to go through this ordeal, then selling it to a pawn shop is a good option. They offer fair prices when you factor in their costs and are very competitive to jewelry shops. You can find a number of trusted pawn shops who are known to trade in gold at our site.

What To Expect When Going To A Pawnshop

what-to-expect-when-going-to-a-pawnshopIf you have something that you want to sell, you may post a local ad or list your item online. But another option that many forget is taking it to your local pawnshop. If you have never sold an item to a pawnshop before, we are here to help know what to expect and understand the different option you may have. Cash for Gold dealers and pawnshops can get a bad reputation for offering lower than expected prices, but having an idea of how they operate will give you a better perspective of what to expect. We will now break down the different stages to selling an item to a pawnshop.

Step 1 – Evaluating Your Item

Lets say you bring in an old piece of jewelry that you would like to exchange for some money; the first step is having the pawnshop inspect what you have. Each item that is brought to them will be analyzed in various ways and even referenced to current online prices of similar items. Jewelry has its own way of being valued, and precious metals have the market price that why are trading at. Some pawnshops may be more experienced with different items and shopping around can earn you more money, because the more confident the pawnshop is in the value of the item, the more they are willing to offer.

Step 2 – Negotiating Your Price

Negotiating is where most people lose out on money and often where the pawnshop gets a bad reputation for low-balling. Everyone will have a different level of skill when it comes to negotiating, but by understanding where the pawnshop has leverage will give you an idea of where they are with their offer. For example, you may have a very nice piano that is often sold for $5,000. The pawnshop will offer you less than $5,000 so they are able to make a profit, but then the offer will also be considerably less because of the size of the item and the lack of buyers. If you had a ring worth $5,000, you would be able to say the opposite of the piano; that it does not take up much space and many engagement rings are sold at the store. Knowing how different items will produce different percentages of their value can help you understand why the pawnshop is making their and counter with reasons to raise the offer when negotiating.

Step 3 – Sell or Pawn?

The great benefit a pawnshop has over selling something online, is the ability to get your item back in the future. To pawn an item means to exchange the item for cash, and in a certain amount of time (usually 30 days) you can get your item back for a small interest fee. For example, you need $500 for rent so you don’t get evicted but cannot come up with the money; you also have a valuable necklace that is a family heirloom that you cannot sell. In this scenario, you could pawn the necklace, receive the $500 you need for rent, and then receive the necklace back in a month for ~$550 when you get paid. By pawning, you are able to stay in your home and keep the family heirloom that you cherish.

This is what you can expect when entering a pawnshop. These are businesses that are there to make money so don’t expect to get the market value for your item. The benefits of pawning and getting cash on-the-spot are extremely useful when needed. Our site lists several pawnshops all over the country and has information to help your earn the most cash for gold.

The Pros & Cons of Your Local Cash for Gold Store

the-pros-cons-of-your-local-cash-for-gold-storeYou’ve driven past the flashing “We Buy Gold” sign in your area a million times, but perhaps never even considered seeing what their services could provide for you. Then selling the old jewelry that you never even wear anymore becomes a thought but you have no idea how the process works or what to expect. Maybe you have even heard from friends and family how they were “ripped-off” by the local pawnshop, but the truth of the matter is that there are many pros and cons to your local gold buyer. Every town across America has businesses offering to buy your gold, silver, diamonds, electronics, instruments, and more; and knowing what to expect can help you earn more money.


Instant Cash

We’ve all been there, the bank account is drained and the car you need to get to work is stuck smoking on the side of the road. Maybe you can turn to friends and family for help, or max out the credit card, neither being a great option and what if those don’t work out? This is where a pawnshop’s service becomes your best friend. A pawnshop will provide you with cash on-the-spot for some of the things mentioned above. So you can gather up the jewelry you never wear and the video game console thats collecting dust in the corner, take them to the pawnshop and have your car fixed in no time. Getting cash in just a few minutes for things you never use is great, and even if you don’t have anything you’re looking to get rid of, you still have another option…


If you don’t want to part with an item that you know is valuable, there is always the option to pawn the item. An engagement ring can be one of the most valuable and sentimental items that a women owns, and if you are in a similar situation with your item, then pawning it will likely be the right choice for you. When you pawn an item, the store will pay you the agreed upon value for your item, and you will have a set time period (often 30 days) to pay them back and retrieve your items. If you are waiting for a paycheck, or just know that you will get back on your feet fairly quickly, then pawning is a great option.


Interest on Pawning

The 30 days are almost over and you have been saving up money to buy back your item, just remember that you will need even more than you were given to cover the interest. Yes, unfortunately paying interest on a pawned item is a standard practice and how they make their money. The good news is that you will know the interest rate and the total amount you will need before pawning your item so there should be no surprises.

Low Offers?

the-pros-cons-of-your-local-pawnshopPeople with negative pawnshop experiences usually cite a low offer for their reason of disdain for service. Understand that a pawnshop makes money by purchasing and then selling things, and are generally available at all times of the day to buy what you have. Providing people this service to sell their valuables whenever, does come at the cost of being offered slightly less than the actual value of your item. By having an idea of how a pawnshop operates allows you to negotiate a better price for your belongings.

Despite the negatives that come with using a pawnshop, you may find the services of your local gold buyer extremely valuable one day. Whether you are in a jam, or just looking to get rid of some items cluttering up the house, having a local service that can provide you with cash instantly is something that many people can benefit from. Our site offers other info on gold value as well as our cash for gold directory to help you find gold buyers near you.

Gold and its Current Value: Is Investing in Gold worth it?

The Global Economy at Present

The global market is extremely unstable. Countries around the world are still reeling from the effects of the Global Financial Crisis. Some even claim that they are experiencing a continuous downward spiral with no bright prospects in the near future. But what is common among all states and their peoples is the fear that the global economy has reached its most volatile and most unpredictable condition. This anxiety has resulted to two polarized camps. On one hand are individuals who have started acting with utmost caution with their investments, engaging only in safe if not tried and tested industries. On the other hand, are persons who have transformed into risk – takers, willing to gamble with the hopes of defying the odds.

One of the long – standing debates when it comes to investments is the question of the viability as well as profitability of gold. It is one which has and continues to divide economic analysts. Before we discuss this split. It is imperative to understand the history and evolution of gold.

Gold in History

Gold is alleged to be the first metal widely known to the human species. This is attributed to the fact that it is one of the easiest metals to work with. Natural or unprocessed gold is pure and is almost always found in its workable state. Gold in its unadulterated form is bright, dense, soft, malleable and ductile. It usually has a slightly reddish yellow color.

Gold has always been considered important for its ornamental value. People in the ancient times thought of the mineral’s brilliance and permanence as symbols of prestige, wealth, respect and beauty. Because of this thought, they equated gold with their deities and royalties. This led to the widely practiced glorifying rituals involving gold.

Gold also enjoyed prominence prior to the introduction of money. It served as a natural trading medium since it was easy to melt, form and measure. Gold standardized coins then put the barter system out of business and dominated economic life. It is said that this precious mineral actually served as the basis for the invention of fiat currency characterized as portable, private and more or less permanent.

Gold together with silver were used in the past as measures of a countries richness. Mercantilism, an economic ideology prevalent then argued that a country’s wealth was based on the amount of gold and silver it had. This belief was carried on after several years by governments who implemented a gold and silver standard also known as bi – metallic system.

Gold’s Decline and Re – emergence

However, with the introduction of money or fiat currency, gold’s distinction experienced a downfall. A fiat currency is defined as a legal tender whose value is supported and financed by the government that issued it. This led some economists to consider gold obsolete and just a relic from man’s past.

Invest in goldBut gold’s reputation soon helped people realize that it is still a force to reckon with as well as a safe investment in a sea of uncertainties that is surrounding the financial market. History is replete of stories that prove that gold is a precious resource. One of the most convincing narratives relate to great wars that have been waged in order to pillage gold from other kingdoms, chiefdoms or empires.

Gold has indeed stood the test of time. Its value, admittedly has experienced occasional dips (as all other economic goods), but its intrinsic value has not, in the real sense of the word, depreciated.

Investing in Gold: Choices and their Pros and Cons

In general, investing is a tricky business. This is why most people do not get involved in this activity. Investing in gold is no different. One must understand the rules and learn how to play by them in order to succeed. Knowledge then is key. Well, a bit of will to teach oneself of the fundamentals and adapt to the ever – changing conditions of the arena coupled by courage to take on the challenge are also vital. Discussed below are five ways of investing in gold.

Direct ownership of Gold – This is the most traditional and perhaps most known means of investing in gold. Actual ownership of gold in a wide array of forms – bars, coins or jewelry is perhaps the most intimate way of investing in the precious mineral. It is the ultimate proof of ownership. According to the gold experts, minted coins are the best option for this type of investment.

While direct ownership of gold brings immediate personal pleasure and undeniable bragging rights, there are also risks associated with it. The most obvious is the possibility of it getting stolen especially if it is not kept in a secure place. However, this can easily be solved by the provision of banks of safety deposit boxes or installation of the same in the owner’s house.

Another downside of this investment means is the fact that actual gold does not deliver and assure a fast return of investment (ROI). The explanation for this is that gold is also subject to the law of supply and demand. Its price depends on its availability (supply) alongside the desire to acquire the same (demand).

For those considering this option, it is essential to remember that gold is a defensive asset against the decrease in value of money. Ideally, it is a safety net when the value of a currency drops.

For those who are not comfortable with this choice, the four succeeding items provide alternatives through what the market calls “gold instruments.”

Gold Exchange Traded Funds (ETFs) – ETFs are a kind of mutual fund that works like an ordinary stock. It is a means to trade or participate in the stock exchange. An ETF’s exact portfolio is pre – determined and is not subject to change. While an ETF is a type of gold instrument, it holds gold bullion as its primary asset.

Gold Mutual Funds (GMFs) – These funds hold portfolios of gold stocks of established companies such as Newmont Mining, entities that mine gold hence have a direct contact with the precious resource. These large companies are known in the market as “senior gold stock.” They are well – capitalized and have been playing in the field for many years. They have a solid track record for profit. For those new in investing, senior gold stocks might be the best choice due to their moderate and conservative approach.

Junior Gold Stocks (JGS) – Compared to senior gold stocks, JGS are more speculative in nature. There are two reasons for this. First, Junior gold stocks are smaller and younger. Second, they are not usually owners nor major shareholders of productive mines. In spite of this, they are more aggressive in their stance – exploring strategies and plays that the older stocks do not delve in. Their operation is anchored on the hope of earning higher profits without disregarding the possibility of increased risks or losses. This type of investment is most fit for individuals with higher risk tolerance and who are willing to experience losses for the potential of exponential gains when the odds work on their favor.

Options and Futures for Gold Speculation – This option is for the more experienced, more educated and more aggressive investor. Speculating is defined as trading with financial instruments involving high risks in expectation of substantial returns. The underlying principle is to take advantage of and gain from fluctuations in the market.

Last say: To Invest in Gold or to take a Pass?

By now it should be apparent that investing in gold is not confined to

direct or actual ownership of said metal. There are alternatives available for those who would like to diversify their portfolios and be a player in the financial market. While the future looks bright for gold, caution should always be practiced. Gold investment scams such as networking have become prevalent in recent years. Its appeal rests on the promise of fast returns upon signing in. In as much as it is human nature to be enticed with all these glitter, one must not mindlessly and impulsively take the plunge. Investing entails careful and constant study. It is helpful to be always reminded of the old adage that says “If it’s too good to be true, then it probably isn’t.” Or in the case of gold, “If it’s too gold to be true, then it’s probably fool’s gold.”

Gold Buyers In Fort Worth

Looking for a gold buyer in Fort Worth, then you have come to the right place. Our website features the cash for gold locations from all over the United States, including Fort Worth, TX. Like many large cities, you will have plenty of options when it comes to finding a place to sell gold. Below we have listed the Verified Gold Buyers in Fort Worth. These are highly recommended cash for gold locations and the map to the right can help you find the gold buyer closest to your home.

Cash For Gold in Atlanta

Looking for a gold buyer in Atlanta, then you have come to the right place. Our website features the cash for gold locations from all over the United States, including Atlanta, GA. Like many large cities, you will have plenty of options when it comes to finding a place to sell gold. Below we have listed the Verified Gold Buyers in Atlanta. These are highly recommended cash for gold locations and the map to the right can help you find the gold buyer closest to your home.