Don’t look now, but the holidays are coming and if you are like a lot of people these days, money is going to be tight for Christmas gift-giving. But you may not realize that you have a ready source of cash in old, forgotten gold jewelry that is lying around in your jewelry box or the bottom of a clothes drawer. Even cheap or poor quality gold-plated jewelry is worth decent money since the price of gold has shot up in recent years and now is a great time to sell gold jewelry.
Getting cash for that ugly gold bangle bracelet so you can buy a DVD box set of your child’s favorite cartoons can be easy and painless this year since the sagging worldwide economy has driven the price of gold to record highs. Gold earrings that went out of fashion years ago can be converted into an iTunes gift card to express appreciation for a co-worker. That gaudy gold necklace that was a thoughtful gift, but a horrible fashion accessory, can be flipped for cash and turned into a really meaningful gift for a loved one.
It makes a lot more sense these days to pay cash for gifts instead of using a credit card. With the job market in a slump, it’s not a good idea to take on more debt. Households need to keep an eye on their bottom line, and in these tough times cash is king. It also makes perfect financial sense to sell gold while it’s high. When the economy improves, it’s very likely the price of gold will go down.
You can easily sell gold jewelry online and get some cash in as little as 10 days, and you don’t even have to leave your home. Sites such as Cash for Gold, will send you a prepaid, insured shipping package that you can use to send them your unwanted jewelry. No matter what the condition, they will send you a check for the appraised value of the jewelry. And if you are not satisfied with the amount, they will return your jewelry, free of charge.