Turn Your Old Gold Into Cash!

Selling Price Of Gold

Whether you add lobbing screens, GPS navigation, today's shack into a telephone almost high-speed swapping charge of a cabbage. So, actually what can it trade into the gold price? Is very simple, just add a pair of dollars of silicon MEMS gyroscope onto it. It brings distinctive standards that portable handset users can essentially play with just signals can play desk tennis, golf, flame a gun, driving, sailing, flying and thereafter convoluted requires of postural serenity of the game, the fitting as Wii .

Silicon MEMS gyroscopes Toy The adjoined quality of the market is very large, for example, progeny can merely exert the proposal silent toy helicopters, and behind higher the directions of movement, chat at the white-collar persons recruited can do with portable remote composure Slide wave within the past and subsequent the flip, whether the Remote take advantage of With pair silicon MEMS gyroscopes, it can be exerted as an skies mouse signal control.

Current international provider of silicon MEMS gyros are: Bosch, ADI (already out of utilisation Electronic Market, already flawlessly do auto market), ST, InvenSense, Murata, Panasonic and Shanghai Deep Di Semiconductor . Deep Di adopted via the returnees, presently faultless within Shanghai Zhangjiang Hi-Tech Park, which is the alone corporate within China specializing within the propagation and silicon MEMS gyroscopes Sell The company has the preceding newest persons of samples, mass presentation is expected until the second quarter of this year. Its existing major competent advantage is the identical operation within shell of the minimum prices.

Epson is currently the wholly international contributor of quartz MEMS gyroscope, the stability of quartz MEMS gyro is best, but the bulk objecting process, additionally towards Epson simply not no matter what one one otherwise can do, it's the biggest drawback is the consequence of anti-gravity minor capacity, purely 300g, and silicon MEMS gyroscope can bear the consequence of 10000g.

Semiconductor intense Di Zou, CEO and founder of Wave, said: "Deep Di commodities are already three Design-In, surrounding the Sony PS3 and Lenovo Mobile. Expected market require this year within 100 million or so." He extra Road, there is no worker foundries do a silicon MEMS gyroscopes, we are out towards do. However, we are currently manufacturing Changzhou IC jacket and investigating vegetation towards generate do with the forthcoming deluge of orders.

Lok Wai (Hong Kong) Electronic Technology Co., Ltd. Shantou Chenghai Zhang Guifeng agency also verified Zou wave of market forecasts. He said: "The latest silicon MEMS gyroscope market is within short give within the state. We are primarily to do with silicon MEMS gyroscope mind-set command helicopter toys, Chinese New Year, 61 Children's Day and Christmas, monthly shipments of assess two 1 million or so. We are tightened because of its deep-Di costed is now the worst in the world. "

Deep Di freshly blasted its prior advancement MEMS gyroscopes SSZ030CG, it furthermore brands the previous advertising with Chinese experienced premises rights was born MEMS gyroscopes. MEMS gyroscopes based upward on the semiconductor industry, components, lacks a unanimous MEMS processing engineering with high-tech nature. While Europe and the United States has a diagram of related Japanese corporations and research institutions conception in this area, but China launched late in this regard, the commerce of slow, yet there was a presentation company to supply processing services. Deep Di Semiconductor acted SSZ030CG the gyro has a very tall cost, mechanism not only a lot worker clientele electronics output plants has for ever been 100% contingent on imported gyroscopes Chip The place shall soon be broken, and also exhibits the enterprising intellectual building with China the prior instant in the field of MEMS gyroscopes.

Its facade greater the competitiveness of China's semiconductor industry, but also broaden the ask for compensated work of the customer electronics market and donates the market a recent concept. As the MEMS gyroscope earnings in buyer electronics and automotive markets, and wide extra paddocks of thick application, it shall be pertinent for the bulk of China's fabulous market opportunities, but also will greatly boost China's MEMS Sensor Aspects of global competitiveness and influence.

"As the Nintendo Wii and Apple iPhone, a new idea, driven by consumer electronics applications, MEMS gyroscope bids for paid employment market is unravelling rapidly.

Frequently Asked Questions

  1. QUESTION:
    What's the difference between the buying and selling price of gold ?
    Say I purchase ,000 in gold coins and the next day I return to sell it, assuming that the price hasn't changed, what can I expect to get for it ?
    I know it will be less---what I want to know is how much less. I'm guessing it will be about 8%, which seems like a lot to me. That would be 0.

    • ANSWER:

  2. QUESTION:
    What is the selling price of gold these days?
    I have a couple of ounces of 22 carat gold jewelry that I want to sell. Anyone know how much I can get for it per ounce? Any websites with the information will be helpful. Thanks.

    • ANSWER:
      The web link is for 99% pure gold, not jewelry. Depending on the condition and quality of the pieces you can get from 0 each to ,400 each. Estimate only. Link to live gold:

      http://www.kitco.com/charts/livegold.html

  3. QUESTION:
    selling price of gold mask of king tut lennox 1978?
    24 karat gold mask on lennox china 1 of 15,000

    • ANSWER:
      Please give more info

  4. QUESTION:
    selling physical gold at a good price?
    hi,

    what are the most reputable seller and buyers of gold bullion online? from what i have discovered so far, there is a huge difference in the cost you buy it at and the money you get when you sell it, however it could be that I have been looking at the wrong places. Please let me know the best sources to look at that enable easy and good price selling.

    Thank You

    • ANSWER:
      I think you are finding the fallacy of buying gold bullion. You buy at a premium, and you sell at a discount. You might look at kitco. but I think you've got this problem where ever you buy and/or sell.

  5. QUESTION:
    Gold price crash via US selling gold reserves possible?
    The US has the largest stockpile of gold reserves in the world (8000+ tonnes). Is it possible for the US to sell off all its gold in order to pay its national debt, causing a fall or crash in gold prices?

    • ANSWER:
      The US will never sell all of it's gold as it would ruin the dollar's position as the world currency.

  6. QUESTION:
    How do I sell my gold jewelry?
    I have 24k gold earrings. I did some research online but i'm still fuzzy. What questions should I ask? How much is the selling price of gold?

    • ANSWER:
      First... the "spot" price for gold you may see on the news, etc, is for gold bullion. Gold jewelry would need to be melted down and recast into bullion, so it does not have the same value as a bar or coin. That being said, you have 24k gold, which is the purest form. It is much better than 14k, which is a little over 58% pure or 10k, which is a little over 35% pure.
      I would suggest making sure of the following before selling:
      1) Make sure the buyer posts the prices they pay on their website.
      2) Make sure they provide free TRACKABLE shipping and sufficient insurance.
      3) Make sure they contact you with their offer BEFORE sending a check and make sure if you aren't happy they will return it promptly, with trackable shipping and sufficient insurance.
      4) Make sure they are Better Business Bureau Accredited and do not have any complaints filed against them.
      I researched companies thoroughly and found that Cash4Gold, mentioned by another reader does not meet ANY of these requirements. Many buyers meet some, but not all. The ONLY buyer I found that meets ALL of the above requirements is the SIlver and Gold Exchange at http://SilverAndGoldExchange.com
      Weigh your earrings and then look at their live price chart and you'll see what they are paying for them. If you do not have access to a scale and are thinking of selling, they will rent you one free of charge.

  7. QUESTION:
    Could someone give me an estimate for the selling price of a 9ct gold full Sovereign, Queen victoria 1892?

    • ANSWER:
      i suggest trying to find a local antique shop and ask them about your piece. one cannot really give an estimate, without looking at the object. the person needs to see what condition the piece is in, and may need to know when i dates back to. hope this helps!

  8. QUESTION:
    What is the selling price of a .00 Gold Eagle Gem uncirculated 9-11-01 WTC Ground Zero Recovery 1 of 190?

    • ANSWER:
      Less then 0.00 because too many coins had the 9/11 stamp printed so it's hard to determine the real ones.

  9. QUESTION:
    What drop in value should i expect when selling gold bullion?
    Hi, i am about to buy gold bullion but i want to understand that what should be the price i should expect when selling it back in the market. I understand that it is lower than spot price but how much lower will it be? maybe in percentage.

    Can you also tell me if the difference of price drop while selling a Credit Suisse gold vs. American Eagle gold coin.

    Thankyou

    • ANSWER:
      The typical markup at purchase and fee at sale is 5% to 8% from current spot price for any gold sale, so you should shop around.

  10. QUESTION:
    Selling price on a 1904 Gold Liberty Double Eagle MS61 NGC?
    Hello everyone,

    I'm trying to sell a few coins for my dad to help with the bills, and I've checked a few websites, but I figured I would hand the question over to the Yahoo community.

    What kind of price can I sell this coin for?

    Where is a good place to sell it?

    Here are some pictures of the exact same coin on the front, but without the case I have.

    http://www.mjpm.com/rarecoins/pics/8776.jpg

    • ANSWER:
      NumisMedia FMV Price Guide (the official price guide of NGC)
      list the value of the 1904 Liberty Head , MS-61 at ,650.00
      Note: Value based on recent market transactions.

      A Guide Book Of United States Coins, 61st edition, 2008 list the following grades:
      MS-60 = 0.00
      MS-63 = ,200.00

      I have a question - Did you remove the coin from a NGC sealed holder? If so, WHY?

  11. QUESTION:
    How much is gold per gram?
    Selling price of gold/gram here in the Philippines?

    • ANSWER:
      If you are in or near a big city, the easiest way is to find a gold dealer. They usually let you call for a free quote.

      If you want to watch the price more carefully, then you will need to be able to find it for yourself. To do this, you need to know the spot price of gold, which is available at

      http://quotes.ino.com/

      Many other sites give you a futures price but this one is the correct spot. Note that the price is in ounces, and we'll deal with that in a moment.

      Since gold is quoted in dollars on that site, you need to convert the spot price to Philippine pesos. This is available at

      http://finance.yahoo.com/currency/convert?amt=1&from=USD&to=PHP&submit=Convert

      Multiply the spot price, which is about 780 as I am writing this, by the conversion rate, which is about 44. The price would then be 780 x 44 = 34,320 PP/ounce.

      To get the cost of a gram, divide by the conversion rate from grams to ounces, which is 28.3495.

      So right now you have 34,320/28.35 = 1210.6 PP/gram

      Best of success.

  12. QUESTION:
    Is the price of gold going to go up in the near future?
    I HAVE SOME GOLD COINS TO SELL AND GOLD PRICES HAVE DROPPED. I'VE HEARD IT WILL GO UP IN THE NEAR FUTURE. NEED TO SELL, BUT WAITING FOR IT TO GO UP.

    • ANSWER:
      Nobody knows what the price of gold will do in the future. If someone claims to know, they are fooling themselves or trying to fool you.

      You could sell a portion of your gold (1 coin at a time, or whatever) at regular intervals, say each week or each month. That way if it keeps going down, you're getting some money out at today's relatively higher price. If it goes back up, you'll still have some left to sell at the higher price. Good luck.

  13. QUESTION:
    if a gold bracelet cost the retailer 120.00 what should the selling price be in order that the mark-up be 35%?
    of the selling price?
    a. 162.00
    b. 78.00
    c. 184.62
    d. none of these

    If this gold bracelet is marked up 40% of the cost then what is the selling price? 72.00 - 48.00 - 162.00 or none of these?

    • ANSWER:
      ok, the 1st is a. 2

      If it was marked up 40% of 0 then it would be 8.

      0x 135%=2
      0x 140%=8

  14. QUESTION:
    How much can i sell my 1gram of Pure 999.9 gold base on today currently market price?
    also much of the 1gram pure gold make 1oz and what is the price to sell 1oz 999.9 gold because i have a lot of those 1 gram gold that was left from my great grandparents and my grandprarent. so im not sure if today price is good enought to sell it or that i should keep it for a longer preiod, but then im afraid gold price might drop next year. so what u recommend?

    • ANSWER:
      Gold is Gold. People who deal with the metal know what they are doing. It does not need to be stamped or certified. Gold is measured in Troy Ounces and that is a big differance than what you pay for a loaf of bread. 12 oz. = 1 pound or 480 grains. Too often the gold is mixed with other metals and a scratch test is made to assay the purety. Streak the gold against a smooth black rock and drop a drip of nitric acid on it. what remains is Gold and can be compared with a streak of known pure gold. The additional weight is lost in the transaction. A Gram is a metric measurement and is 1/1000 of a kilogram. 1 kilo equals 2.2 pounds. 1 gram equals .035 Ounces.
      When selling Gold demand the price on the market. Every dealler will discount the price for reasons of processing fees. You DO NOT allow this. The dealer will make money regardless of the fees. The profit on Gold is 300% if you know the business.

  15. QUESTION:
    Since Gold is selling at a high price? Where can I buy it for investment?
    btw, I live in Toronto, So if anyone know of any good places? let me know.

    • ANSWER:
      Buy it from a major bank such as Scotiabank, Royalbank etc. or kitco.com or buy ETFs such as HBU (horizon betapro gold bullion etf)

  16. QUESTION:
    what is the selling price of 2.25 oz. of 24k gold on 11-11-08?

    • ANSWER:
      Right this second, spot gold is trading around 0/oz, but of course this will fluctuate during the course of the day. For comparison, at this time yesterday the price was around 0/oz, and an hour later it was trading around 0/oz.

      I can't find a great site online that shows spot gold prices, but Yahoo! Finance will show you gold futures. Go to finance.yahoo.com and, in the box at the top right, type in ZGZ08.CBT and press "Get quotes."

      This is a December 2008 gold future. The current price is about 7, which means that you could enter into an agreement today that says that in the middle of December you will pay 7 per ounce for a certain amount of gold. The ticker, by the way, is constructed:

      ZG = Gold
      Z = December
      08 = 2008
      .CBT = Chicago Board of Trade

      So if you wanted, say, the January futures, you could use ZGF08.CBT instead. (You can also click on the "futures chain" option to see all the futures which are trading.) Remember, when you execute a futures trade, you pay at the time you receive the gold -- not at the time you make the trade.

      Keep in mind that I'm talking about gold bars here, and that trading on exchanges is done in multiples of 100 ounces. If you have some gold jewelry that you want to melt down and sell, these figures will give you a ballpark, but you will pay extra fees for processing and so forth that will eat a considerable percentage of the value. For this and other reasons, it is not generally the best financial move to sell gold jewelry for scrap.

  17. QUESTION:
    How come jewelry shops in lajpat nagar are selling gold at 20% less than market price?
    If you go to jewelry shops in lajpat nagar central market, you will find that gold price for today (or for a particular day) is almost 20% less than the current market rate. If you ask any shopkeeper, they will tell you that it is cheaper because they offer gold at bombay rates... oops mumbai (where it is cheaper than delhi), its 22k carat and not 24 carat and they don't offer hallmark. Does anyone of you know the truth behind this?

    • ANSWER:
      Sometime the price fluctuates according to the market.

  18. QUESTION:
    When selling Gold; does anyone pay for the value of the diamonds/ etc. on top of the gold price?
    I have three rings - two 14k yellow gold with diamond clusters close to 1 karat each. The last one is either white gold or silver with blue topaz - london cut. I know from experience to stay away from the pawn shops/ and so-called gold buyers you see on the street. So my choices for selling are down to just a few reputable dealers.

    All the comments I've read center on the metal BUT what about the stones? They are supposed to be 'precious' and they were a major component of the price paid when originally purchased. Now when you sell the ring, suddenly they have no value whatsoever?? Get real! Am I the only one who thinks the dealers are making 'bank' breaking out the jewels and reselling them??

    If I'm wrong, please educate me. I think the public at large is being ripped off,

    • ANSWER:
      Try to sell it to a jeweler. Even ebay would be better than the cash4gold types.

      Jewelry is sold at incredible markups, far more than the stones and metal are worth. The stones should be worth more than the small amount of gold, so a gold-only offer is a huge ripoff.

  19. QUESTION:
    Where can I go to sell gold and silver at the best price?
    I have a gold Krugerand and a 100 oz bar of silver that I'm interested in selling. Where should I go to sell precious metals at a fair price?

    • ANSWER:
      The best way to sell precious metals is to sell directly to a refiner. You can find a few companies that will buy your gold online here: http://www.goldintomoney.com You'll get fair market prices and the process is free. They're better than going to a pawn shop because pawn shops are just middle men and your metals will just end up in the same place.

  20. QUESTION:
    What's a fair price to sell your 14k and 18k gold per gram to dealer?
    I have some 14k gold to sell. One dealer offered 16.00 per gram. Is this a fair price based on current value of gold, or am I being taken?

    • ANSWER:
      a gram for 14k is pretty damn good. I know in vegas right now alot of places are offering between and a gram for 14k. If you wanna know what the total worth per gram is you just have to do some basic math.

      Goto monex.com and look at live prices, as I write this now its at ,113 per ounce. Now to figure out the per gram price we have to take 1113 / 31.103 X the purity of gold(31.103 is a troy ounce, which is whats used in gold trading), which in this case is 14k so the purity is .585 which comes out to .93. Now may seem cheap when compared to but they must make some money also.

      If your dealing with a pawn shop then they will resell the gold to a company that melts it down. They get anywhere between 90% and 98% of the .93(or whatever the price is that day) from the melt down company.

      If you wanna do the math on your 18k pieces then the purity is .750 instead of the .585 of 14k.

  21. QUESTION:
    what is the price of gold per ounce? Selling my own gold?
    I am trying to sell some of my gold. I would like to know how much 3 oz of gold would bring me. I don't want anyone lying to me so I figured I would ask here first. Thanks

    • ANSWER:
      As of yesterday, the price of gold was 2.50/oz. Of course, no dealer will actually pay this price at the retail level, but it at least establishes the approximate range to be expected.

  22. QUESTION:
    Where can get a widget for my website which displays the current price of gold ?
    I am currently desiging a website which has a artical about selling gold online . I have been looking for a widget which states the current price of gold . Even better if i could edit the feel and look aswell. Any ideas or websites thatr could help ?

    • ANSWER:
      widgets are good but advertising is better try

      http://www.fwebtraffic.com/?rid=1256578

  23. QUESTION:
    Where and how do I sell gold for the best price?
    I have 2 quite heavy bracelets, one of 22 carat and the other of 18 carat gold that I've inherited but don't want.

    • ANSWER:
      Try ebay and put a reserve on it so that it does not sell for low price. Don't sell it to traders or pawn shops because they will buy for much less to make huge profit margins.

  24. QUESTION:
    is the price of a gram of gold the same price as a gram of flake gold?
    wanting to assess if a gram of sold gold is priced less or more than a a gram flake gold.

    • ANSWER:
      There is a base price for gold, which fluctuates constantly. You can check it online here:

      http://www.kitco.com

      That price is for gold bullion, in bars.

      Gold wire, gold leaf, gold flake, and gold jewelry are all gold, but all involve a certain amount of processing and/or artistry, which will cost you extra.

      Grandpa

  25. QUESTION:
    Would anyone know the selling price of a Browning Citori knife?
    Its a Browning Citori knife grade VI. It is highlighted in 24-karat gold and has a 440c-type stainless steel blade. it is only 1 of 3000. mint condition.

    • ANSWER:
      http://www.browning.com/products/promotions/support/citoripromocoupon.pdf << says its a 300 dollar knife.....

      but who knows what actual value is.....need to talk to a knife collector and appraiser......not someone on YA! that u don't know....

  26. QUESTION:
    Is the price of gold sold in shops in Spore different from the Int price of Gold(London)? ie do we pay more?

    • ANSWER:
      Yes, there is a slight different. We do pay a bit more.
      The Int price are for 999.9 gold bars or blocks.

      As for shops here, you can see 24K, 22K & 18K prices.
      Even they display the same price as Int price.
      But take note, those finished gold items are not pure gold, other things was added to make it harder.

      In the receipe you can find item below too...
      1. Workmanship.
      2. Fire loss.
      3. GST.
      4. Others.

  27. QUESTION:
    state bank of India is selling gold coin. can anyone tell me where I can get the days price from internet?
    moreover is it same ( in Rupees ) throughout India?

    • ANSWER:
      for sbi gold coin rate search their web, otherwise you can't find anywhere

  28. QUESTION:
    Selling gold question?
    I have old 10k rings that are either missing stones or i just dont wear or plan towear. anyways. i plan to take them to a local gold buyer. If they have jewels on them, how will it be weighed? Dothey take the jewels off? If they take them off and I decide not to sell then what? am i stuck with pieces of jewelry? I would just like to know before I go tomorrow. I plan on selling for any price they give but just curious about that question.

    • ANSWER:
      We have a good friend that owns a gold and silver exchange. They are going to pay you the weight of the gold based on the price of gold that day - they don't care about the stones. It makes me crazy to hear him talk, but even if it's got a 1/2 karat diamond, they don't care because it isn't worth enough.

      They won't remove the stones for you and give them to you at a gold and silver exchange. They will just pay you for the gold weight. All they are going to do is melt down the gold anyway. So, you just have to decide whether you are happy with the price they offer you and to take it, or keep your jewelry.

  29. QUESTION:
    So who thinks Gordon Brown was a fool for selling our gold bullion?
    After told my many, many advisers not to sell a large amount of the UK's gold bullion (esp. when it was selling at such a low price) but still going ahead, does he look like an fool now when gold bullion prices are the only thing that is going up?
    Gordon Brown is the Prime Minsister of the UK. It really shocks me that you don't know who it is!

    • ANSWER:
      I think it is unwise to sell that any time. Back in mid 80's when a Middle Eastern Arab country sold its gold, it national currency lost half of its real value, and tremendous inflation rates ensued.

  30. QUESTION:
    How does the price of gold change?
    Is gold traded on the stock market? Or does the price change simply by supply and demand (how is the supply and demand determined when there are so many companies that own and sell gold)?

    • ANSWER:
      Gold does not trade on the stock market. Stocks trade on the stock market. Gold trades on commodities markets. In the US, that market is in New York City, and is called the Commodities Exchange, or COMEX for short. The COMEX is owned by the NYMEX, which is the New York Mercantile Exchange. They are best know as the place to trade crude oil, which is quite a hot topic nowadays.

      Other commodity exchanges throughout the world also trade gold.

  31. QUESTION:
    Is now a good time to sell gold and/or silver, or will the price go up more?
    I have about an once of gold and a couple of silver and I was thinking about selling. Is it a good time or will the price continue to go up. The gold I have is a gold coin. Is it more profitable to sell it as a coin, or for the amount it's worth in gold. Also, were is a good place to sell metals.

    • ANSWER:
      Some people say it will go up higher... but many people think it's too high already. There is probably a 0 "anxiety tax" on it. It just depends on the market... so if the US economy continues to tank, then gold looks like a better investment and will continue to go up. http://www.goldintomoney.com has more information on selling your gold

  32. QUESTION:
    Gold selling question?
    I have a few gold pendants that I might be selling. I heard the price of gold and other jewelry materials have gone up. So would it be better to sell now or wait later. Oh and whom would I sell it to for a honest and profitable sell.

    • ANSWER:
      Nobody knows if the price will go up or down. Right now it's fairly high. The best way to get a good price is call some jewelry shops and coin dealers in your area and ask what they are paying for gold jewelry (they will need to know if your gold is 14k, 18k, etc.). They'll tell you how much they are paying per gram or per pennyweight. Then if you decide to sell, go with the best price. Remember gold prices change all the time so you need to call different places one after the other.

      Do not send your gold away to sell it. You'll get a better price shopping around locally.

      If it was me, and I didn't need the money, I'd keep it for now.

  33. QUESTION:
    I have some 1 Oz. Kruggerand gold coins that I wish to sell. How do I sell them for the best possible price?
    Assuming that I want to sell them now and I want to keep my selling costs at an absolute minimum. For instance, is it best to sell them to other private investors or would I tend to get a better price by selling them to one of the gold trading investment corporations? Or none of the above?

    • ANSWER:
      ebay?

  34. QUESTION:
    Wasn't it particularly silly of the Labour government to sell our Gold reserves for a lousy price?
    Gordon Brown and the Labour party used to accuse the Conservative Government of 'selling the family silver' when privatisation measures were introduced. They then enthusiastically started privatisations themselves and rather ironically sold a large part of British gold reserves for rock bottom prices. Now that gold prices are so much higher - don't they look a bit stupid and shortsighted?

    • ANSWER:
      This is just one example of this Government on how to
      waste asserts of the Country .
      1,The billions wasted on computer systems ,Education ,
      NHS,and the extremely expensive PFI[ public finance intuitive contracts ]
      The Labour Government has also taken us to two Wars in 1raq and Afghanistan .
      This Government is only capable of wasting vast sums of
      taxpayers money lies ,SPIN ,and sending our
      armed forces to these conflicts without the proper equipment to die

  35. QUESTION:
    Does gold sell at the same price everywhere?
    Buying an ounce of gold in China and Japan, which is cheaper? (taking currency conversion rate into consideration)

    • ANSWER:
      No it doesn't and arbitrage is the financial term for this.

      In economics and finance, arbitrage is the practice of taking advantage of a price differential between two or more markets: a combination of matching deals are struck that capitalize upon the imbalance, the profit being the difference between the market prices

  36. QUESTION:
    if iwant to sell gold coins/buiscuts can i get the market price from banks?
    i want to sell gold coins/buiscuts bought over a period of time assuming that i can sell in the market ,but i understand that banks sell only gold coins and not buying from the public .i don't know why. what alternatives/options are open to me for selling pure gold.

    • ANSWER:
      if you are in India,selling gold coins, biscuits and pure gold, there is no problem in selling with consumer,jeweller,gold dealer instead banks.
      even i at delhi purchase coins in higher rate then their gold contents value.

  37. QUESTION:
    I want to sell gold jewelry; what is a fair price?
    I have an old 14K herringbone necklace and I am curious what type of price is fair. I don't want to get ripped off.

    • ANSWER:
      well, the weight of the chain will determine how much $$$$- right now, gold is at HISTORIC highs- 00/ounce- i'd call around to jewelers 1st and compare what they're offering- don't sell it at the pawn shop, you won't get much there.

  38. QUESTION:
    I heard the price of gold is up right now. How do I go about selling some old gold jewelry?

    • ANSWER:
      You can take it to a local jewelry shop advertising in the paper. You won't get as much as if you send it to a refinery.I've just sold scrap gold and silver to Midwest refineries and received a check for 00.00. They pay 94%of current market rate. Thus if one troy ounce of 24 karat gold is selling on market for 00 you would receive 0.I'm going to list some links below to help you figure if your getting the best value for what you sell.If you have gold coins you can sell them outright to kitco and they will lock in the price so you know exactly what your getting.Midwest pays you for what they refine on the day of refining.Some offers you see on TV are ripoffs so beware.Silver is market value minus 12%.Remember also the karat of the gold will dictate what you recieve.24 karat pays the most.10 and 14 karat are usually what chains and such are the most common..If you need help or more information e mail me. I'll be glad to help. .Remember too. If you sell locally the person your selling to has to make a profit.So you end up getting less for your jewelry.By sending it directley to a refinery you cut out the middle man.Like I said I use Midwest but you can do a google search and find more.I would not deal with anyone who will not tell you what percentages they will pay upfront.Kitco is a real site but very hard to get into sometimes because of buying frenzies. Just keep trying.http://www.classicgoldsmith.com-a.googlepages.com/karatgoldpercentages

  39. QUESTION:
    How to calculate the value of gold in the market?
    How to calculate the value of gold in the market or How To Calculate Your Own Gold Price before selling it?

    • ANSWER:
      best website is. useful graphs and current gold prices when u want to sell.

      http://www.goldprice.org/

  40. QUESTION:
    How did Gordon Brown get away with selling off half of Britain's Gold Reserves...at a LOW gold price?
    http://www.timesonline.co.uk/tol/news/politics/article1654931.ece

    "April 15, 2007

    Brown lost £2bn selling UK's goldRobert Winnett and Holly Watt GORDON BROWN is to face questions in parliament after revelations that he disregarded advice from the Bank of England before he sold off more than half the country’s gold reserves at the bottom of the market.

    Insiders involved in the decision have broken ranks after an 18-month battle in which the Treasury has blocked attempts by The Sunday Times to make public the official advice received by Brown before he sold the gold.

    They have revealed that Bank of England officials had serious misgivings over the chancellor’s determination to sell 400 tons of bullion in a series of auctions between 1999 and 2002, when the price was at a 20-year low. Since then the price has almost trebled, meaning the decision cost the taxpayer an estimated £2 billion."

    • ANSWER:

  41. QUESTION:
    Should you start selling your gold now that Republicans have control of Congress?
    Surely they will fix all our economic woes, and as people regain confidence in the economy the price of gold will collapse, right?

    • ANSWER:
      I'll believe the "fix" when I see it. At this point, I don't trust either party. I want to see results.

  42. QUESTION:
    When selling gold, why isn't white gold worth more htan yellow gold since it costs more when buying jewelry?
    When buying jewelry, white gold is higher priced than yellow gold. So, why isn't it worth more when selling it to be melted down into other jewelry? Why do these places that buy gold only look at the karet count of the gold, and not if it is white or yellow gold?

    • ANSWER:
      White gold is actually yellow gold covered in rhodium plating. So it is more expensive to buy because it has a few extra steps along the way. The rhodium gives it the white appeareance. When you sell it back, they are melting it down and separating the metals so they only want to know how much actual gold is in the jewelry (karatage) and they want to separate it from the alloy metals.

  43. QUESTION:
    people selling gold - demand increase or decrease?
    Eco. homework.
    Find 5 articles and draw a graph of surplus or demand.

    I have a advertising article for selling a gold that promises the best prices if you sell to them etc.

    According to bad eco situation people sell their gold more them ever before.
    This is increase in demand? (graph)

    • ANSWER:
      No, it is not an increase in demand. That is actually an increase in supply.

      Since more people need money, they are offering more of their gold for sale. The supply of gold for sale is thus increased.

      An increase in demand for gold would be the opposite. Instead of more people wanting to sell, you'd have more people wanting to buy. An example would be a good economy where people have plenty of extra money. Since they have more money, they'd be able to buy more luxuries, and more people would want to buy gold. Thus, demand for gold would increase.

  44. QUESTION:
    where do i sell gold at the quote price?
    i dont want to sell to middlemen. they buy at 90% of WGC

    • ANSWER:
      try this website its useful

      http://gold-price-blog.info/

  45. QUESTION:
    Where do people who sell gold on ebay get it from?
    People on ebay are selling gold at less than spot value, where are they buying there gold from.

    I want to start a business on ebay like a few people have, but I cant find any dealer that would sell it to me for less than market price. Am i not looking hard enough?

    Or did those people just buy lots of gold and wait for the price of gold to go up?

    • ANSWER:
      The people who are selling gold on e-bay at less-than-spot prices are either selling something that is not truly gold, or they bought it when gold was cheaper than it is, now.

      Gold has gone up an AVERAGE of more than 13% per year, over the last SEVERAL years. In fact, it's gone up by about 20%, just since this time, last year. With the world economic situation being what it is, today, many people expect that the price of gold will continue to rise.

  46. QUESTION:
    best price to sell 7 ounces of 18k gold medallion?
    custom gold medallion, 147 pennyweight; where do I get the best price?

    • ANSWER:
      Do you have proof your medallion is 18K? You may have to discount the price because it is "custom" and therefore has an unpredictable reputation. That's why people like gold coins.

      Those "cash for gold" discount spot prices considerably, you are better off finding a private buyer if you can. Your 147 pennyweight of 18K translates to 110.25 pennyweight of 24K, but the medallion may have more value to someone who is interested in it's subject.

      Grandpa

  47. QUESTION:
    The price of gold to still go higher?
    I have some gold jewelry to sell. Is now the time to sell it or will gold prices still be going up and I should wait?

    • ANSWER:
      I can tell you the spot price for gold won't drop far from here. As far as prices going up it should. With all this printing of money to bailout everyone inflation is going to rise. People are already buying gold to hedge against inflation and I don't see them stopping no time soon.
      You could wait a couple of months,the inflation and economy are not going to change for the better no time soon. Keep an eye on the spot price.

  48. QUESTION:
    Is selling Gold taxable?
    If I go out prospecting and find a few pounds of gold, and then sell it for market price, is the money taxable? If so, why? I mean, I am simply trading something of equal value for the cash equivalent. It's an even exchange, no income is really being made.

    • ANSWER:
      Of course it's taxable.

      All income is arguably an even exchange of things of value -- your labor for cash from your employer for example. That doesn't mean that it's not taxable income!

      You can deduct your costs of extracting the gold from the ground, but the net profit most certainly is taxable self-employment income to you.

  49. QUESTION:
    What is the current price of gold & silver per oz?
    I want to sell some gold jewery and silver coins. What is a fair price?

    • ANSWER:
      Live Spot Gold Price Calculator - http://www.etoolsage.com/Calculator/pMetals.asp?toolsort=5000

      World major gold markets and live prices - http://www.etoolsage.com/information/goldMarket.asp?toolsort=5000

  50. QUESTION:
    Where to buy and sell gold bars/ coins in Delhi?
    I want to buy gold bars or gold coins in Delhi. Some say that banks are selling it for higher price, so I guess I should opt for jeweller shop. Any idea, which jelweller shop can I trust? Also, how do I know if the gold bar is pure?

    Do I need a PAN card at the time of buying and selling gold bar from jeweley shop?

    Do I need to pay tax if at the time of selling gold bar? What if I got cash from buyer?

    • ANSWER:
      Banks may be offering a higher price but it's safe and prudent to buy gold from banks as the gold is pure and reliable and will certainly give you better returns whether or not you sell them back to bank or in open market... ICICI bank Gold is good.. Go for it


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