Whether it is an old gold necklace, gold earrings, or even an old pocket watch, here at Devon Gold, we take pride in knowing that we offer the best prices in the south-west for your scrap gold, and at this moment in time, it couldn’t be easier and better to do so! And here’s why…
The short-term price of gold fluctuates regularly depending on economic conditions and investor demands of that specific time, therefore making the price of gold very difficult to predict. However, the time of selling scrap gold has never been better. The value of gold has steadily been increasing over the past 50 years, with a significant portion of that being in the past 5 years. The most recent spikes in the gold market were after the 2008 financial crisis and after the 2016 Brexit Vote. During both of these events, the stock markets dramatically crashed, causing investors all over the UK to rush into gold selling markets to serve as a stable way to get money.
Uncertainty
As previous global stock market events, the outbreak and spread of the Coronavirus pandemic dramatically effected the economy, and in turn, the value of gold. The growing instability of stock markets because of the COVID-19 pandemic, the gold-selling industry has become an attractive avenue to take for investors. This ‘golden’ avenue is especially more popular among those investors who have considerable fear and uncertainty going into the future. The stock market is known to be very volatile, especially recently, however it is always noted that the gold-selling market is stable and sufficient in providing investors with secure and safe plays. No matter how much an organisation’s profits go down, the gold industry will always be there. Thankfully, in the modern age, this is why it is becoming more easier and quicker than it has ever been to sell gold – with considerable notes to online selling. To sum up, now, in this day and age, is an extremely beneficial time to sell your gold, as the gram price of gold is still relatively high, and stock markets are plummeting – helping you make more money on what you’re selling!
Sell Your Scrap Gold To Us Today!
Also, by using our trusted website, you are now able to sell your gold to us online with a few simple clicks! For retail customers, members of the public are able to simply fill out an online form on which gold they are willing to sell. These simple steps (also stated on our website) will make it exceedingly easy to sell your gold online with us:
- Clicking on the online form you require (e.g. if it is trade only or retail) and filling it out with the necessary information.
- Posting it to us! It is really that simple.
The main reason people sell their gold is because of the urgency of requiring money. This is why, at Devon Gold we can offer excellent, adequate prices for your old Jewellery at the best possible value.