Welcome to Gaia! :: View User's Journal | Gaia Journals

Gold has been highly valued throughout history. Gold has been around for thousands of years and man has always held it in high regard. Here is some advice on how to get started with gold, whether you're planning on investing or just looking to buy gold jewelry.

Excellent Tips About Gold That Are Easy To Follow Bullion bars might be the best gold investment you can make. The weights vary. Bars may be a half ounce, 400 ounces or anything in between. For the record, four hundred ounce bars are very difficult to find.

It is important to only do business with people who have a good reputation. Look at the Better Business Bureau to gather information about the company to see if their legitimate or not. A legit buyer will offer a fair amount for the gold you have. Protect your gold investment by doing this.

The high price of gold may give you the idea that gold-filled or gold-plated jewelry is better. However, it's still possible to buy gold jewelry and not need to spend a fortune at the jewelry store. Visiting flea markets and pawn shops can help you to get the very best price.

Always check the daily spot price before you buy gold. This information is available on a number of websites. When going to buy the jewelry, you should not have to pay higher than 8% markup over the spot price. Some dealers are going to try and charge you more, but don't pay it.

When selling your gold, it is necessary to determine if you wish to sell something as jewelry or simply to get its melt value. The quickest way to sell off gold (and the one many dealers and pawnbrokers prefer) is for the melt value. Don't get discouraged if you are looking to sell jewelry, as buyers are still out there.

Get a good grasp on what you own. Even if something looks similar to gold, it may not have the same value. Some jewelry is a composite of a number of different metals. This may lower the price. Gold plated items are subject to this too. Get your items appraised before selling your gold.

Get a good grasp on what you own. Many things look like solid gold but are not. A lot of times, metals are combined with gold to make the piece stronger. This will reduce the value. This also applies to gold plated items. If you don't know how much your gold is worth, then it would be wise for someone to appraise its worth if you intend on selling it.

Gold prices have skyrocketed 400% in the last decade. It may or may not be the best time to purchase gold depending on the worth of the dollar. Basically, when the dollar is weak, gold is strong.

Want To Make Money In Gold? Try These Tips! Earring backings are usually solid gold, no matter if the earring is or not. Quite often, necklace clasps and ring bands are real too. Attempt to sell pieces such as these as a "lot" since those pieces are fairly lightweight. This is various gold pieces in one quantity and it can help you earn more money.

Nearly everyone recognizes the importance of gold when it comes to safeguarding and warehousing wealth. The unstable economy we have had the past few years has made this more of a trend. Hopefully, you've found these tips useful and can now start delving into your own gold investing.