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Should you sell your gold locally?

Updated: 10/25/2022
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14y ago

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Gold is a precious possession and has a good resale value. And I would recommend selling it locally. But don't sell it for a scrap value. You'll hardly get any money for that. A professional gold buying business will take into account market price, craftsmanship and aesthetic value of your gold. There are other buyers as well like pawn shops, gold refiners who say they give highest payouts but in reality would give you an amount sufficient for a cup of tea. In such cases, all worth of your metal is lost. So go for a local gold buying business in your area and check their credentials, online reviews etc before you visit their store. All the best.

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