Is it Worth it to Sell My Gold? Um...Yes!

With the ever-fluctuating market, many of our clients at Robinson's Jewelers ask us, 'Is it worth it to sell my gold?' The answer is a resounding yes! Selling gold jewelry, especially pieces you no longer wear, can be a lucrative decision.

Current Gold Prices

Gold prices have been on an upward trajectory, with current prices hovering just under $2,000 an ounce. Industry experts predict these prices may even go higher in the next year. This makes it an opportune time to sell gold jewelry and cash in on the high market value.

Understanding Gold Value

The value of gold jewelry is determined by its karat weight, which indicates the purity of the gold. For example, an 18-karat gold piece is about 75% pure gold. The higher the karat weight, the more money you can expect to receive. At Robinson's Jewelers, we offer expert valuation for your gold pieces, ensuring you get the best price for your jewelry.

Selling Tips

When selling gold, aim to get 70 to 80% of its melt value for jewelry. It's essential to have your gold appraised first to ensure it's not worth more than its gold value, such as antique or designer pieces.

Visit us at Robinson's Jewelers to explore our exquisite gold jewelry collections. Whether you're looking to sell or buy, we are here to provide you with expert guidance and the best value for your investment.