Best place to sell gold?
Discussion
I want to sell a 1oz Krugerrand as I don't think that Gold is going to go up in value much more (and I need the cash).
They seem to be going for c.£1,250 on e-bay but there is a 10% selling fee to take into account. I haven't been to any cash converter type places but I wouldn't expect to get a great deal there. Is it worth going to decent jewellers or just accept that I'm going to get c.90% of its true value?
Thanks
They seem to be going for c.£1,250 on e-bay but there is a 10% selling fee to take into account. I haven't been to any cash converter type places but I wouldn't expect to get a great deal there. Is it worth going to decent jewellers or just accept that I'm going to get c.90% of its true value?
Thanks
Seti said:
I don't think that Gold is going to go up in value much more (and I need the cash).
It's probably going to take a correction, perhaps to $1,400 oz but in the longer term will bounce back, possibly seeing $2,300 oz or more. We're about to head into another bear market so depending on your needs, either sell quickly or keep for the longer term.Gassing Station | Finance | Top of Page | What's New | My Stuff