Whether you have old jewelry you no longer wear or other valuables that no longer hold sentimental value, converting these items into cash is a smart move. Freedom Gold USA buys gold and other precious metals at fair prices – so you get maximum value for your items. Our professional team is prepared to appraise your valuables and give you a fair price on the spot. The more pure the gold in a piece of jewelry, the higher its resale value is as used or “estate” jewelry, and even as recycled gold. We also pay for precious and semi-precious stones, as well as the craftsmanship and design of the item.
For some investors, the reason to buy gold is simple — it’s an asset that has historically performed well during periods of economic turmoil. Others buy it as diversification, hoping to mitigate risks by adding this precious metal to their investment portfolios.
Still other investors buy gold to hedge against inflation. While this is an argument that can vary among individuals based on their own specific investments and risk tolerances, it is generally accepted that holding assets that rise in value during inflation can help offset the effect of rising consumer prices.
Aside from its performance as an investment, gold is also widely viewed as a safe haven against geopolitical conflict and economic uncertainty. In fact, some researchers have found that there is a correlation between consumers’ pessimistic economic expectations and gold prices.
One more factor that can contribute to the attractiveness of gold as an investment is its relative liquidity compared to other asset classes. While it’s true that the time it takes to sell physical gold coins may be greater than, say, the time it takes to unload a home, investors who buy gold through exchange-traded funds (ETFs) or stocks are able to liquidate their investments during normal stock market trading hours.
In the past, buying gold was often done by visiting local pawnshops or jewelry stores. However, these days there is an entire world of gold investing online. For example, a search for “buy gold bullion” or “where can I buy gold” will bring up a wide range of options, including reputable gold dealer such as Freedom Gold USA in Scranton.
