Is It A Good Time To Sell Gold?

What is the best month to sell gold?

Best Quarter to Buy Gold

Since 1975, the second quarter (April through June) has clearly been gold’s weakest and is thus the best time to buy. The third quarter (July through September) has been gold’s strongest.

How much should I sell my gold for?

When you sell gold coins or bars, you should expect to receive at least 90% to 95% of the current market value. But with gold jewelry, you’re likely to get only 70% to 80% of the melt value.

Is it a good time to sell gold UK?

GOLD prices are at a six year high, so if you are thinking of selling your old gold jewellery now is the time to do it. “Prices are rocketing and that means it’s a very good time to sell your gold jewellery or coins.”

Is gold a good investment right now?

Savers can legitimately treat gold as an investment, and it has some unique features. However, it’s not a very good investment and there are always better things to do with your savings. Unlike equity or bonds or bank deposits, the money that you invest in gold does not contribute to economic growth.