Things you should know before Selling Gold

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Selling gold can be a complicated and intimidating process. People in dire need of cash think of pledging or selling their gold jewellery. Most of the time, it’s observed that money received on selling the gold is much lower than their expectation. Here are some things you should know before you sell gold for cash.

Supply and demand determines the price of gold. The more investors are looking to invest in gold, the higher its price will be. You need to know the market price of gold prevailing on that particular day. It’s important to know how much of your gold you intend to sell and what should be its present worth. In simple terms, how many grams of gold you possess and how much you wish to sell. If you are unaware of its worth, you risk losing money on your investment. Take quotes from multiple buyers/shops, as there

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