Chateau Dale Blog

You will find that there’s no more opportune time than now to be Selling Gold Jewelry. Do you want to know why? In case you have not heard the news, you have been hiding somewhere, or you have been preoccupied with obsessing over all of the negative news in the state of the economy these days to pay attention to the good news, the price of gold is on a rise right now, worth well over $1,000 per ounce. That’s right, you didn’t misread: You should be selling gold jewelry right now because it is worth well over $1,000 per ounce!Gold has been constantly rising over the past decade, staying well above twenty percent each year, the sole exception being a 5.6% decline in 2008. Even in the 2009, gold has managed to rebound from the recession and rebound already, at a 23% increase from 2008 levels!So what does this tell you? It tells you that despite the cyclical bubbles and busts, and the rise and decline of the dot coms, the boom and bust of real estate, the near-collapse of the stock market, and the decline of the US dollar, have all proven to be altogether volatile investments, the only stable investment throughout this entire period has been none other than gold.So if you have been holding onto gold for some time, now would be a perfect time to sell it, if you are hard up for some cash as a result of this global economic recession that we have just been through.So where ought we be selling gold jewelry? Who should we be selling gold jewelry to? And how can one be certain that you earn the best price?These are all extremely good questions. There are two parts to the answer:1. Avoid selling gold jewelry to a retail shop, a pawn-shop, or a jewelry exchange. Essentially any type of customer-focused retail operation is not a good idea. Why? This is because these stores are in in business for buying and reselling gold. They need to obtain gold from you for the purpose of of reselling it immediately, and earning money in the process. They essentially gold brokerages and are seeking to earn a commission using the old buy low and sell high plan. So quite naturally, that they are be facing narrow profit margins and would not be able to offer you the price that you would like.2. You really should be selling your gold directly to a gold refinery. Why is this the case? It is because a gold refinery does business by obtaining gold, melting it, and remanufacturing the gold raw material to other businesses. There exists no middle man. There is no flipping gold involved. They are able to offer you a more competitive price for your gold due to the fact that the profit margin in this particular situation is wider. Thus it creates a win-win solution that satisfies both you and the refinery.Gold remains a solid investment, and has continued to remain so all the while that we have observed the boom and bust of the dot coms, the real estate bubble and burst, the stock market crash of 2008, and the devaluation of the dollar. So there is no better time than the present to sell gold jewelry online