Timing Gold Transactions – Aside from the most common question, where can I sell unwanted gold, the next one many consumers regularly have is, when is the right time to sell my gold? Whether it is old jewellery, coins, gold desk accessories or similar, the right time has always been and will be when you need the help and extra cash in your life. The fact is, gold will always be valuable and can convert to cash consistently, unlike other assets. Granted, right now the market value of gold is probably at one of the higher points it has been in decades, but relative to the economy and income levels gold has regularly produced a good return when sold.
Maybe you’re not ready to sell but need resources to hold your gold safely until the right time. Our ‘MyGold’ program also has incredibly useful tools and options available for personal protection as well as service programs for storing your valuable gold.
The best gold to recycle and sell tends to be older pieces that have been unused for a long time or tends to be broken and unusable. You might ask how to sell gold that is different from coins. Brand new pieces like wedding and engagement rings with the settings included might be better sold through online channels were demand is better for the retail value of the item being practically new and unused. Most of what one deals with in the gold recycling market is priced for the value of the metal, not the jewellery consumer context. This tends to surprise some folks who hope to get what they paid for a ring just a few months ago or similar at a retail store.
Where you have a number of odds and ends and just need to liquidate unused or old gold, Gold Smart can help. We regularly evaluate and price unwanted gold for market value and return, providing a safe and reliable liquidation resource for consumers. You get a transparent process all the way with no hidden fees and complete safety. This is why Gold Smart is the leading New Zealand gold buyer year after year. Find us in Auckland’s financial district or online. We’re just 200 meters from the Auckland Sky Tower and Sky Casino.
For anyone who is considering selling gold jewellery but not ready to do so yet and may in the future, there is very good news on how to sell gold. Given all of the economic jitters in New Zealand and internationally, gold as a financial is not likely to see a decrease in demand anytime soon. And for those with unwanted or broken gold items, that translates to solid demand and good price returns when liquidating their jewellery. It also means that week to week, gold will remain strong without much fluctuation, so there’s no need to try to time the market for the peak point. The variation may very well only be a few dollars ($NZ).
For people individually, the right time to sell gold jewellery tends to be when the liquidation proceeds, the cash received, can best be applied to an important or critical need. That may be a car repair, medical bill, new improvement at home, filling a pay gap, a big event like an anniversary or birthday or similar. The market has nothing to do with these events, nor should it. So, don’t delay life trying to anticipate the highest point of day financially.
Lots of gold can be eligible. Earrings missing a pair broken bracelets or necklaces, a weak or faulty clasp, or just worn down items from heavy use can be sold. The value in all of these is the metal content. Keep in mind, items with lower gold quality like 12 or 14 karat gold will price less than those with higher purity, like a 24 karat ring or bracelet.
At Gold Smart, we’re always ready to help you recycle old and unwanted gold into valuable cash resources. Our gold buyers work regularly with consumers, pricing fairly old gold and giving folks a transparent, safe selling process online or in person. Visit us when you can. We’re just 200 meters from the Auckland Sky Tower and Sky Casino, right in the heart of the Auckland financial district.
How to Sell Personal Gold
Finding a reliable gold buyer for unwanted, broken gold items and jewellery to recycle is like finding a gem in the middle of the desert. While there are lots of channels available, especially online now, most tend to be unreliable or cost the consumer too much with hidden fees and traps. A solid, trustworthy gold buyer will provide a number of key benefits any consumer should expect and be looking for, including:
- A reliable and verifiable business presence in New Zealand
- A transparent process either online or in person for safe selling of personal gold and similar
- A clear education process so a consumer understands what to expect and what is involved
- A fair pricing schedule connected to the given precious metal market
Gold Smart does all of the above and more for its customers who want to sell gold. We regularly evaluate private gold and other precious metal items, including silver, palladium and platinum. All our offers are fairly priced and consistent with the recycle value of the given metal involved. So, whether you have jewellery, gold accessories, bullion coins and bars or similar, Gold Smart will always be one of the best ways for your liquidate your assets into useful cash when you feel it’s the right time.
Our gold buyer teams are available online at Gold Smart as well as in person at our physical location just 200 meters from the Sky Casino and Auckland Sky Tower. We’re right in the heart of the Auckland financial district, so we’re easy to find anytime you want to visit in person and sell gold!