Gold investment you can make with your money. Perhaps you are thinking about joining in but have not had enough information to get started.The article that follow are full of ideas you can use to invest in gold.The high price of gold may put you the idea that gold-filled or gold-plated jewelry is better. You can still buy gold jewelry items without spending a number of sources at a jewelry store. It is cheaper online retailers or pawn shops.It is important to only do business with people who have a good reputation. Their reputation can be verified though online sources, as well as the BBB. A legitimate buyer will pay you fairly for your gold while giving you great customer service. Do this to protect yourself and your gold investment.Check the current price in the gold market values before you sell your jewelry. This will help you to evaluate a dealer’s offer against the current market rate.This can be done over time, and can lead to an accumulation of real value in the span of a year or two. Keep your stash in a safe place until you get enough to cash in.Make sure you research any gold broker you do business with. You want to work with a reputable gold broker. The BBB website and other online forums are excellent resources for information on customer satisfaction and a company’s standing. Soliciting multiple bids will help ensure you get the best price.Only buy gold jewelry if you can return policyIf you have the receipt, you want to be able to take the piece back for a refund.Make sure you know the price of gold the day you plan to buy it. This information is available on several different websites. Never pay more than an 8 percent markup on your gold. Some will attempt to charge even more, but it is a rip-off.Before you buy gold, be sure you know exactly when it will be delivered to you. If the seller does not provide immediate delivery, you must get some kind of writing from them confirming when you can expect to get your pieces. You should have the date of delivery clearly listed. Only make the order if you have such a document.GoldMoney is a popular resource when buying gold. It’s akin to opening up a bank account for gold. You set up an account, bank your money, and then you receive gold at the price you chose for your account. The gold physically sits in a bank vault where you’re able to portion it, portion it, or in some circumstances, redeem it for one kilo gold bullion bars.Many times you will have a karat rating. However, there are some times when there aren’t visible signs, there are other ways to determine purity.Acid tests are simple ways to do this, so if the rep does this, they might be new.You might be shocked by how much gold costs these days. However, don’t feel that to buy gold of real value you need to pay a high price in a fine jewelry store. It is easy to get great deals on gold jewelry from online retailers or pawn shops.

Have all jewelry appraised prior to selling it to anyone as scrap gold. This is true for pieces like jewelry with fine craftsmanship. You might have to pay a fee to get this appraisal, but it might help you get more money. Appraisers also may know of an interested party for your jewelry.Separate your gold by karat values.Some vendors may try to weigh all your gold at one time and pay you what the lowest karat. This will result in you money.If you plan to sell jewelry through mail-in companies, make sure to do your research first. Be sure you find out when you will receive payment, and buy insurance for your package, too. Also you need to be sure to photograph everything you’ve put in your package in case they start a dispute.The purity of gold is measured by karats. The higher the karat number, the purer and more expensive it costs per ounce. You should not just go by the karat stamp. You won’t pay too much for poor quality if you know the methods to testing gold purity.

Gold Jewelry

If you want to invest in gold but do not have much money, think about purchasing scrap. You can buy a little at a time, building up a stockpile. This will not break the bank. Keep it inside a safe location until you get enough to cash in.If you’re someone who appreciates the beauty in gold and its investment potential, you may want to buy 22-karat gold jewelry. You can use your gold jewelry as an investment or a fashion statement and sell it when you need cash.If your gold pieces are going get melted down, they can be retained once the piece goes through the melting process. If the gems are really small, though, they are going to be hard to remove.When looking to sell gold and you’re not sure of the value, look at getting it appraised. It costs a bit of money, but you’ll have a good idea of what your gold is worth. An independent appraiser should be used in order to receive the best value. If you do want to sell the gold, understand you won’t be offered full value it was appraised for.A good way to invest in gold is to buy American gold coins minted before 1933. Gold coins were prevalent until that year when President Roosevelt recalled them.Many people still kept these coins anyways and you can still buy them today.You do not have to be an experienced investor to make money by buying and selling gold. Since reading these tips, you know how to make smart choices when it comes to gold. Keep these tips in mind as you go along.When sending off your jewelry, you need to consider the shipping cost to you if you’re not satisfied with the offer given. Most companies will give you free shipping to them but charge you an arm and a leg for return postage. You want to know what those charges might end up being before you decide to send them your gold.