Getting Cash For Gold in Knoxville Works

by | Mar 5, 2014 | Jewelry

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With the recent surge in gold, it is an excellent time to sell your gold items and make a profit. Perhaps you have gold jewelry laying around that you never wear or some gold coins that you purchased years ago that you have stored away. Gold is a valuable commodity that can easily be turned into much needed cash. Cash For Gold in Knoxville is a great way to do that redecorating project around the house that you have been wanting to do for years. Maybe you just need cash to pay bills that have piled up for awhile. This is a perfect time to consider cashing in your gold.

Gold has been on a roller coaster, lately, with its price fluctuations. It dropped its value for a short while, but it is now rising rapidly again. Cash For Gold in Knoxville is easy to attain from a store like Enix Jewelers where you will receive the top dollar for you items. Whether your gold is scrap pieces or fine jewelry, you can easily find out how much you can get by bringing your items into the store. The highest quality gold, which is 24K or carat gold will bring the most money. It is only used for coin minting. The next highest pure gold is 18K, and then there is 14K which most jewelry is made from. The gold has to be mixed with other harder metals, so that it can maintain its shape. That is why it is mixed. The more pure the gold the yellower it is. Even 10K has value in the gold market since it is all melted down, so it is worth exploring how much cash you can get for it as well. Scrap gold is melted down, purified into the desired carats and then re-purposed into other items.

No matter how small or large your gold lot is, stores will be interested in purchasing your items. It is cheaper for the manufacturing companies to get gold that has already been mined than it is to have to get it out of the ground. That is why there is such a demand for scrap gold.

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