Selling your old gold jewellery can be a challenging and daunting process for a lot of people. All we know is it is valuable, but not sure what its real value is. There are a few different avenues where you can sell your gold for cash.
- Kiosks in malls: You might sometimes find small businesses with kiosks in shopping complexes offering cash for your old gold and we might feel that is the best deal, but on average, they often pay us 40%-50% under the gold value.
- Pawnbrokers: Pawnbrokers also buy gold and silver for cash from people, but since they deal in various products, their payouts are at 60%-75%.
- Gold dealers: Since these businesses are dedicated and specialize in gold trading, they have published live prices of gold and silver on their website, which is in sync with international gold and silver spot price and offer up to 100% of international gold value. The best(reputed) gold dealers use XRF machines that show the exact percentage of gold and other alloys in the jewellery. Some even provide mail-in service and mobile service to further areas.
