What Is Gold Selling For Now

23 2011 in today s swerving economy stocks are out and gold is in.

What is gold selling for now.

The price of gold is up 20 percent since the beginning of 2011 and by mid august gold was going for over 1 700 per. Cash for gold usa is one of the oldest internet based buyers of gold in the united states. If you are near the los angeles area national gold market is located in pasadena california. They pay 75 to 80 for gold jewelry and 90 for gold coins.

The fact is that the current sell off in the global equity markets is only a start because there is a lot more to come. Here are nine places to sell gold for the most money. The dealer will take their purchase price then markup the products further to cover dealer costs and a profit margin. Spot gold prices are derived from exchange traded futures contracts such as those that trade on the comex exchange.

Where to sell gold. Goldprice org provides you with fast loading charts of the current gold price per ounce gram and kilogram in 160 major currencies. You can also find out where to buy gold coins from gold dealers at the. Now is an excellent time to sell your gold.

This is why dealers will typically buy from individuals at or below the spot gold price and they will sell above the spot gold price. The spread between their buy and sell prices represents the dealer s gross profit. If you re selling gold jewelry a reasonable settlement would be 70 to 80 of the market value. Once you ve decided to sell your gold there are plenty of places that you can go to make the sale.

Take the time to shop around to find the best deal. Unless you have gold bullion or another form of pure gold your gold item is mixed with other metals or alloys. When looking at gold prices the figures quoted are typically going to be spot gold prices unless otherwise specified. Gold and spx chart shows negative correlation.

Sandstorm is a canada based metals company that owns the rights to purchase gold and other metals from either mining companies or advanced stage development projects the. Cash for gold usa. Gold is measured in karats with 24 karat being the purest gold and the most valuable. The spot gold price refers to the price of gold for delivery right now as opposed to some date in the future.