You will find that there is no better time than now for you to be selling gold jewelry. Do you want to know why? In case you haven’t heard, you’ve been lost on a desert island somewhere, or you’ve been too busy obsessing due to all of the bleak news in the state of the economy nowadays to listen to the good news, the price of gold is ever increasing as of this writing, worth well over one grand per ounce. That’s right, you didn’t misread: You ought to be selling gold jewelry now because it is worth well over a grand per ounce!

Gold has been on a consistent rise over the past decade, staying well above twenty percent every year, the sole exception being a five percent loss in the year 2008. Even in the 2009, gold managed to recover from the global recession and rebound already, at a 23 percent increase from year 2008 levels!

So what does that mean to you? It means that despite the cyclical bubbles and busts, and the rise and decline of the dot coms, the rise and fall of real estate, the decline of the stock market, and the decline of the US dollar, have all proven to be rather risky investment vehicles, the only stable investment through this entire time has been gold.

So if you have been holding onto gold for a long time, now would be a great time to cash it in, if you are in need of some money as a result of this economic recession that we have all just been through.

So where should you be selling gold jewelry? Whom should you be selling gold jewelry to? And how can one be sure that you earn the highest price?

These are all extremely important questions. There are two parts to the answer:

1. You should avoid selling gold jewelry to a retail store, a pawn-shop, or a jewelry exchange. Essentially any type of consumer retail store is a bad idea. Why? This is because these stores are in the business of buying and reselling gold. They desire to purchase gold from you with the intention of reselling it straight away, and earning a profit in the process. They are basically gold brokerages and look to earn commissions using the classic “”buy low to sell high” plan. So obviously, they would be be dealing tight margins of profit and would not be open to offer you the price that you would like.

2. You should be reselling your gold directly to a gold refinery. Why is this the case? Because a gold refinery is in the business of procuring gold, melting it, and redistributing the raw material to other businesses. There exists no middle man. There is no flipping gold for profit. They can offer you a higher price for your gold due to the fact that the margin of profit in this type of situation is wider. Therefore it makes for a win-win solution that satisfies both the refinery and you.

Gold remains a rock solid investment vehicle, and has remained so while at the same time we have born witness to the boom and bust of the dot coms, the housing bubble, the market crash of the year 2008, and the devaluation of the dollar. So now is a better time than any to be selling gold jewelry