WantYourGold.com, an online buy-back solution for platinum, gold and silver jewelry, recommends consumers to take advantage of a great cash for gold offer in this volatile market
Miami, Fl (PRWEB) September 06, 2011
WantYourGold.com, an online buy-back solution for platinum, gold and silver jewelry, announces the current prime selling period for gold in a volatile market. According to a Deal Book article by the NY Times, on Tuesday, August 30, the price of gold reached a record high of $1,917.90 an ounce, and then promptly plummeted by about $120 an ounce. WantYourGold.com understands the fragility of the market and encourages consumers to take advantage of high prices; the price of gold can go down as quickly as it rose.
Alexandre Tchogorian, CEO of WantYourGold.com says, “I am encouraging customers to sell their gold now. As seen in recent market changes, the price of gold is a bubble waiting to pop.”
WantYourGold.com uses three simple steps to ensure that customers receive cash for gold. Customers should complete an information form. Once received, the customer will be sent a free insured mailer pack, which they will return with their gold jewelry enclosed. The outgoing mailer piece will contain personalized tracking information. Finally, the customer will receive a check in the mail.
Once the package is received, the gold goes through an elaborate examination. WantYourGold.com uses state of the art machinery to ensure the highest and most fair payout for its gold. Unlike competitors, a WantYourGold.com customer service representative will contact the customer with a formal offer, so there won't be any surprises. WantYourGold.com offers customers up to 90 percent of melt value for their gold and after acceptance of an offer, WantYourGold.com will immediately send out a payment.
Victoria from New York says, “WantYourGold.com provided great service. I didn’t expect that much cash for my 10-year-old jewelry.”
For more information, visit http://wantyourgold.com/ or follow the company on Twitter @WantYourGold and Facebook.
About WantYourGold.com:
WantYourGold.com, an entity of Recycle4Cash Inc., offers a simple solution to get consumers nationwide cash for gold. Recycle4Cash was originally started as a buy-back program for cell phones. Dedication, honesty, and communication are key factors underlying its company policies. Customers can sell gold, silver or platinum to WantYourGold.com and expect to receive honest, fair compensation in return.
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Alexandre
WantYourGold.com
1(866)465-3423
Email Information
Showing posts with label History of Gold Price. Show all posts
Showing posts with label History of Gold Price. Show all posts
Wednesday, September 7, 2011
Saturday, August 27, 2011
How To Find A Reputable Cash For Gold Service
An ever-increasing need for gold within the modern day continues to be followed by an ever-increasing number of cash for gold web sites. Regardless of whether you are short on funds or simply trying to off-load scrap jewellery, a quick World wide web research will find a catalog of solutions proclaiming to get your gold for cash. Nevertheless, which of those services can be trusted?
Gold is really a versatile factor and possesses numerous uses in present day culture so it is no wonder why it really is in this kind of higher desire. Gold costs are at an all time substantial and there’s no better time for you to sell undesirable or destroyed jewellery. With a huge quantity of cash for gold websites on the market, it can be challenging to distinguish in between the reputable and the fraudsters. Retaining yourself nicely advised is the crucial to making certain you don’t fall prey for the latter.
First and foremost, get your gold weighed and purity measured in carats at a local jewelers prior to sending it off to any online purchasers. Maintain an eye on present gold prices and also you can begin to formulate a tough cost you can expect to obtain from cash for gold dealers. Also notice the gold will likely be assessed on its melt worth, so ornamental value is not taken into consideration. If you’d like to offer a gold antique, visiting an auctioneer could be the much better alternative.
Go to community forums and study evaluations to learn which cash for gold organizations offer the most effective value and which to keep away from. Discover out which organizations have been established for your longest and also have developed a status which they are probably to wish to preserve. Some businesses are accredited for the British Jewelers’ Association which can clarify in the event the support is legitimate or not.
Verify the company coverage on managing gold and make certain your gold is insured sufficiently. Most cash for gold internet sites insure jewellery approximately the value of $500, anything at all previously mentioned this may call for further insurance from yourself.
Finally, remember which you are not necessary to take preliminary provides. You’re inside of your rights to request the gold back, which in a few circumstances might prompt an improved offer for the company. There are numerous well-established and genuine gold sellers that will buy your jewellery to get a honest cost. Just remember that if a cash for gold vendor offers you a quote which is as well great to become true, then it quite possibly is.
Gold is really a versatile factor and possesses numerous uses in present day culture so it is no wonder why it really is in this kind of higher desire. Gold costs are at an all time substantial and there’s no better time for you to sell undesirable or destroyed jewellery. With a huge quantity of cash for gold websites on the market, it can be challenging to distinguish in between the reputable and the fraudsters. Retaining yourself nicely advised is the crucial to making certain you don’t fall prey for the latter.
First and foremost, get your gold weighed and purity measured in carats at a local jewelers prior to sending it off to any online purchasers. Maintain an eye on present gold prices and also you can begin to formulate a tough cost you can expect to obtain from cash for gold dealers. Also notice the gold will likely be assessed on its melt worth, so ornamental value is not taken into consideration. If you’d like to offer a gold antique, visiting an auctioneer could be the much better alternative.
Go to community forums and study evaluations to learn which cash for gold organizations offer the most effective value and which to keep away from. Discover out which organizations have been established for your longest and also have developed a status which they are probably to wish to preserve. Some businesses are accredited for the British Jewelers’ Association which can clarify in the event the support is legitimate or not.
Verify the company coverage on managing gold and make certain your gold is insured sufficiently. Most cash for gold internet sites insure jewellery approximately the value of $500, anything at all previously mentioned this may call for further insurance from yourself.
Finally, remember which you are not necessary to take preliminary provides. You’re inside of your rights to request the gold back, which in a few circumstances might prompt an improved offer for the company. There are numerous well-established and genuine gold sellers that will buy your jewellery to get a honest cost. Just remember that if a cash for gold vendor offers you a quote which is as well great to become true, then it quite possibly is.
Wednesday, August 10, 2011
WantYourGold.com Offers a Confident Way To Sell Gold Jewelry Online
WantYourGold.com Offers a Confident Way To Sell Gold Jewelry Online
August 8, 2011
Nowadays, gold market is the safest investment market as compared to any other investment market, like stock. It has been considered as the source of real money since everyone is aware of gold’s exchange value for any other form of money in the world. Selling gold jewelry for cash can be the easiest solution to gain profit as per the rising prices of gold in the market. Finding the best place to sell gold jewelry is a top priority for gold owners who are interested in selling gold.
WantYourGold.com offers the simplest and the most reliable way to convert your old gold jewelry in quick cash. The company pledges 100% guarantee and fair evaluation to customers’ gold jewelry. It is an absolutely certified website committed to give its customers wide options and offers to sell gold jewelry underlying the company’s policies. The simple three step procedure at WantYourGold.com enables a quick solution to cash-in gold jewelry with best prices. WantYourGold.com provides a secure way through an insured mailer pack to send jewelry.
The only mission statement of the company is to be honest and dedicated to whatever prices it offers to the clients. The prices are tagged on the website as per karat, weight and payout. The website connects with the USPS.com that makes it easier to manage shipping and track the orders placed by customers. Customer service representatives are ready to respond the customers’ queries Monday through Friday to the specified timings.
About WantYourGold.com
WantYourGold.com is one of the leading names that offer quality pricing deals to customers selling gold jewelry for cash. With years of experience, the company has built up an impeccable reputation in the industry. WantYourGold.com follows dedication, honesty and communication as the key factors as per company’s certified policies. www.wantyourgold.com allows users to know about the various options available for selling gold jewelry for cash.
Tuesday, June 14, 2011
History of Gold Price
Like other precious metals, gold is measured by troy weight and by grams. When it is alloyed with other metals the term carat or karat is used to indicate the purity of gold present, with 24 carats being pure gold and lower ratings proportionally less. The purity of a gold bar or coin can also be expressed as a decimal figure ranging from 0 to 1, known as the millesimal fineness, such as 0.995 being very pure.
The price of gold is determined through trading in the gold and derivatives markets, but a procedure known as the Gold Fixing in London, originating in September 1919, provides a daily benchmark price to the industry. The afternoon fixing was introduced in 1968 to provide a price when US markets are open.
Historically gold coinage was widely used as currency; when paper money was introduced, it typically was a receipt redeemable for gold coin or bullion. In a monetary system known as the gold standard, a certain weight of gold was given the name of a unit of currency. For a long period, the United States government set the value of the US dollar so that one troy ounce was equal to $20.67 ($664.56/kg), but in 1934 the dollar was devalued to $35.00 per troy ounce ($1125.27/kg). By 1961, it was becoming hard to maintain this price, and a pool of US and European banks agreed to manipulate the market to prevent further currency devaluation against increased gold demand.
On March 17, 1968, economic circumstances caused the collapse of the gold pool, and a two-tiered pricing scheme was established whereby gold was still used to settle international accounts at the old $35.00 per troy ounce ($1.13/g) but the price of gold on the private market was allowed to fluctuate; this two-tiered pricing system was abandoned in 1975 when the price of gold was left to find its free-market level. Central banks still hold historical gold reserves as astore of value although the level has generally been declining. The largest gold depository in the world is that of the U.S. Federal Reserve Bank in New York, which holds about 3%[72] of the gold ever mined, as does the similarly laden U.S. Bullion Depository at Fort Knox. In 2005 the World Gold Council estimated total global gold supply to be 3,859 tonnes and demand to be 3,754 tonnes, giving a surplus of 105 tonnes.[73]
Since 1968 the price of gold has ranged widely, from a high of $850/oz ($27,300/kg) on January 21, 1980, to a low of $252.90/oz ($8,131/kg) on June 21, 1999 (London Gold Fixing).[74] The period from 1999 to 2001 marked the "Brown Bottom" after a 20-year bear market.[75] Prices increased rapidly from 1991, but the 1980 high was not exceeded until January 3, 2008 when a new maximum of $865.35 per troy ounce was set.[76] Another record price was set on March 17, 2008 at $1023.50/oz ($32,900/kg).[76] In late 2009, gold markets experienced renewed momentum upwards due to increased demand and a weakening US dollar. On December 2, 2009, Gold passed the important barrier of US$1200 per ounce to close at $1215.[77] Gold further rallied hitting new highs in May 2010 after the European Union debt crisis prompted further purchase of gold as a safe asset.[78][79] On March 1, 2011, gold hit a new all-time high of $1432.57, based on investor concerns regarding ongoing unrest in North Africa as well as in the Middle East.[80]
Since April 2001 the gold price has more than quintupled in value against the US dollar, hitting a new all-time high of $1507.70[81], prompting speculation that this long secular bear market has ended and a bull market has returned.[82]
Taken From
http://en.wikipedia.org/wiki/Gold#HistoryYou can Sell Your Gold Now Click Here
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