Jewelry- it’s like glittery insurance. In fact, engagement rings have often been considered as a piece for women to take with them, in the even that their courtship went awry. Many might reject the idea that their engagement ring has such utility nowadays, but jewelry is still a booming business. Jewelry stores employ more than 170,000 people and gold is, like it has been for so many years, highly sought after. When buying gold, there is some insider knowledge you can drop to build rapport with your jewelry sales person.
First, in 2013 United States wanted more gold. Consumer demand rose more than 25%! Some gold fared better, though. Gold jewelry demand rose by just 13%. Remember that when dealing with jewelry store folks whether you are buying or selling. The best gold buyers understand the market and don’t settle for less than fair.
Another insider tip – gold and silver are bought based on their weight as well as their purity. We buy gold and silver because it is precious, but it is certainly less precious once diluted. Over the last two years, gold prices have really been soaring. Keep that in mind when selling gold. Don’t settle for less than your worth!
There are more than 60,000 retailers nation wide to buy and sell gold. When buying gold, do your research and come in prepared to put your best food forward. If you mess that up, try again! Forget that jewelry store, do more research and shop another. Gold isn’t just fancy fun, it’s an investment. It would be quite a shame to get less than you bargained for, and quite a treat to get more! Links like this.