With inflation on the rise and the stock market trading around its lows, some investors are turning to gold as a haven with an established track record of returns. Gold is popular among investors for a variety of reasons, and it has characteristics that make it an excellent alternative to standard securities like equities and bonds. They regard gold as a store of value, although it is a cash-neutral asset. Hence it becomes essential for us to avail of the services provided by second-hand gold jewellery buyers in Kolkata. This can help us to sell jewellery in lieu of cash which can be used elsewhere.
Here are some things to consider while selling you second-hand gold:
Gold that is left unused over a longer period can be considered for selling. The artefacts have been kept for years and were purchased during a period when gold and silver were cheaper than they are now. This is especially true in the case of gold right now. Because the spot price of gold has climbed so much in the previous decade or two, anyone who bought jewellery 30 years ago is looking at a price return of at least five times the value. As a result, this may be an excellent financial moment to sell outdated gold jewellery and turn the proceeds into cash.
Everyone gets a present that they don’t truly desire at some time. And jewellery might be included in that group. You grin, receive the present, and then it is never seen again. That only takes up room in your possessions and makes you feel guilty all the time. These are the perfect pieces of gold that can be sold for a good amount of money.
This being said one should make sure that you are only selling to reliable companies. There are various second-hand gold jewellery buyers in Kolkata and you can conduct your research and choose according to your preference.
