A Quick Guide To Selling Your Gold Jewelry
We all know that the value of gold continues to increase as time goes by, and many people take advantage of these changes by buying and selling gold jewellery in Singapore.
If you are planning to sell your jewellery in Singapore, here are the things you need to take note of.
1. Find The Karat of Your Gold
You can determine the purity of the gold by the karat. Gold karats may range between 10 to 24. The higher the karat is, the more expensive the price. Usually, the gold karat is engraved on the jewellery. Sometimes, they base the karat on its weight. Before you sell your gold in Singapore, check the karat first.
2. Check the Gold Price
Before you sell your gold in Singapore, check the current gold price in the country first. Although the market value for gold is consistent, they fluctuate sometimes. Selling gold jewellery at its highest market value is recommended.
3. Evaluate the Price of The Gold and Stones Separately
For gold jewellery like necklace and rings, the gemstones and gold should be evaluated separately. Sometimes, when you sell jewellery in Singapore, buyers would purchase the gold or the stone alone. Knowing the market value of both gemstone and gold will score you a much higher price.
4. Visit Auction and Antique Jewellers
If you have antique or designer gold jewellery, you have a higher chance to score a high price from it. Antique jewellers and auctioneers will not just pay for the market value of gold and gemstones, but will also add value to the jewellery's rareness
5. Visit A Reputable and Legitimate Gold Buyer
With trusted buyers, you are ensured that your gold is priced right. There are cases where gold and other precious stones and metals are being underpriced because they dealt with rouge gold buyers.
Exchange your old jewellery for cash with Jen Jewel. Jen Jewel buys your old wrist watches, pens, rings and gold bars at the best and honest price. Visit Jen Jewel now.
