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You will find that there is no better time than now to sell gold jewelry. Would you know why? Unless you haven’t heard, you have been hiding under a rock somewhere, or you have been too busy sulking over all of the bleak news in the economy nowadays to pay attention to the good news, the price of gold is on a rise at the present, valued at well above $1,000 per ounce. That’s right, you didn’t misread: You should be selling gold jewelry right now because it is valued at well over $1,000 per ounce!

Gold has been on a consistent rise over the last several, staying well above 20 percent per annum, the sole exception being a 5.6% loss in the year 2008. Even in the year 2009, gold has managed to rebound from the global economic recession and climb back up again already, at a 23% increase from 2008 levels!

So what does that mean to you? It means that while cyclical boom and busts, and the rise and fall of the dot coms, the boom and bust of real estate, the decline of the stock market, and the devaluation of the US dollar, all have proven to be rather risky investments, the only stable investment during this entire period has been gold.

So if you have been holding onto gold for a long time, now would be a perfect time to cash it in, if you are hard up for some money as a result of this global economic recession that we have just been through.

So where should you be selling gold jewelry? Whom should you be selling gold jewelry to? How can one be certain that you earn the best value?

These are all extremely good questions. There are two parts to the answer:

1. You should avoid selling your gold to a retail store, at a pawn-shop, at a jewelry exchange. Essentially any type of customer-focused retail operation is a terrible idea. Why is that the case? Because retail stores are in the business of flipping gold. They want to procure gold from you for the purposes of of reselling it immediately, while making money during the process. They essentially gold brokers who are looking to earn commissions using the old “buy low and sell high” plan. So it is quite natural, that they would be be dealing tight profit margins and would not be able to offer you as much as you would be happy with.

2. You ought to be reselling your gold to a refinery of gold. Why? Because a refinery of gold does business by acquiring gold, melting it down, and redistributing the gold raw material to other businesses. There is no middle man. There is no flipping gold for profit. They are able to offer you a more competitive price for your gold due to the fact that the margin of profit in this type of situation is higher. Thus it makes for a win-win solution that makes happy both you and the refinery.

Gold is a rock solid investment vehicle, and has remained so while at the same time we have born witness to the boom and bust of the dot coms, the housing bubble and burst, the stock market crash of the year 2008, and the devaluation of the US dollar. So there is no better time than the present to be selling gold jewelry