Gold-Cash Blog

Price of Gold is Rising Again!

Tue, 26 May 2009 21:23:00 GMT

After a drop in gold price that began in mid-March, today’s gold price is on the rise again. For about a month, the price of gold declined. Then, around April 18th, it finally began to increase and has been steadily rising ever since.

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Don’t Get Taken by Shady Scrap Gold Buyers

Fri, 22 May 2009 15:42:00 GMT

With gold prices peaking we’re noticing a proliferation of scrap gold buyers. However, many of these scrap gold buyers are con-artists, and consumers must beware.More...

All About Scrap Gold

Mon, 18 May 2009 22:55:00 GMT

Too often, people have a misunderstanding about what scrap gold is. This is unfortunate because it means you might have a lot of gold lying around the house that you could scrap out for cash.More...

Gold-Cash.com Abuzz As People Sell Gold Online

Thu, 14 May 2009 19:39:00 GMT

Things are really happening at Gold-Cash these days. We’re busier than ever. Some of this is due to the fact that now is a good time to sell gold. But much of that buzz comes from the fact that people finally have a way to sell gold without the risk of being cheated.

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Rising Gold Price & Slumping Economy

Thu, 14 May 2009 19:36:00 GMT

The gold price continues to climb despite the slumping economy, but what happens to the price of gold when the economy begins to bounce back?

That’s an issue that many gold owners have been contemplating lately.

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Similarities between 2009 Gold and 1995 Tech Suggest to Sell Gold

Wed, 13 May 2009 16:22:00 GMT

Wondering if there’s a best time to sell gold? In an ideal situation you wait until the price peaks, and sell before it goes down again. There’s no way to predict when a peak will happen, but gold analysts will use charts of past performance to determine when it’s best to sell gold. A comparison of two particular charts suggests that it may be time to sell gold.

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Find the Price of Gold the Easy Way

Wed, 06 May 2009 00:52:00 GMT

There are many resources to track the price of gold. What does that mean for you, when you want to know the worth of your jewelry? Not much. When it comes to selling your gold jewelry, the only gold price that matters is the price the buyer is willing to pay.

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How Can I Tell What My Jewelry is Worth?

Tue, 10 Mar 2009 13:05:00 GMT

The first step in determining what your jewelry is worth is to separate your jewelry into categories based on metal. Each piece of jewelry should be stamped on the inside, identifying the type of metal. Below are the main categories you can separate your jewelry into:

10K Gold, 14K Gold, 18K Gold, Platinum, Sterling Silver

To learn about specific markings on your jewelry visit: Jewelry We Buy
Next, weigh the items to determine a total weight for each category in grams. If you cannot easily calculate the weight in grams, determine the weight in whatever measurement is easiest for you and use Google or a tool found on the internet to transfer the measurement to grams.

Next, determine the payout rate of the business you are considering selling your jewelry to. Some websites publish their rates; if you're going locally you can call to find out. Make sure to get the payout rate in grams. Then multiply the weight of your jewelry (in grams) by the payout rate (in grams). This dollar value will be your payout.

Do this for each category of jewelry you have. By doing these simple calculations you can easily determine the melt down value of your jewelry, and which business will provide you with the most money.

Is it Safe Sell My Gold to an Online Business?

Tue, 10 Mar 2009 03:51:00 GMT

If you do your homework, yes, it is safe to ship your jewelry to an online company to trade it in for cash. Below are the top 3 tips to ensure a safe transaction:

Know The Payout Rate: Do not send your jewelry to any gold buying business that does not publish their payout rates. That basically invites them to pay you the lowest amount possible. Also make sure they publish a rate for small quantities, such as less than 2 ounces. Most people see a payout rate and don’t realize it’s only for larger quantities than what they have. They think they’re getting paid based on that price, but again it’s just a trick and an invitation for a dishonest gold buyer to pay you whatever they want.
Check for Business Associations & Accreditations: They should definitely be a member of the Better Business Bureau. This shows that the company makes an effort to adhere to high ethical standards, and work with customers to ensure a positive experience with their company. Be sure to actually click on the BBB logo, it should direct you to their profile with the BBB. If it is just a stagnant image, they are most likely not members of the BBB. The business should also be members of industry organizations such as the Jeweler’s Vigilance Committee, which is “The Industry’s Guardian of Ethics and Integrity.”
Know the Return Policy: Make sure you fully understand the process, so if you are not happy with their payment you can receive your jewelry back. Many sites issue payment upon receiving the jewelry, without any notification to the customer. With certain payment methods the sale is final and you cannot get your jewelry back if you are not happy with the payment. Make sure you don’t get caught in this practice. The best method is for the site to make you a formal payment offer, with the option to accept or decline.

With a little bit of homework you can ensure that you’ll get a fair trade in value for your jewelry, and be confident that you’ll get your jewelry back if you change your mind. We do encourage customers to compare different sites. Each site offers different payment methods, payout rates, and return policies. Educate yourself and you can walk away a very satisfied customer, with money in your pocket!