Gold selling rising with the price

Jul 27 2009 The Oregonian

The Oregonian

Gold buying is hot right now, but the offers consumers are getting to sell their bling is not, with amounts running as varied as the stores looking to buy.

Selling gold jewelry for its meltdown value shouldn't be a complex procedure. The price of gold is set on the world markets, fluctuating daily, so in theory it shouldn't be tough to determine what your piece of jewelry is worth.

What you'll actually get for it, however, is complex, and too few consumers seem to understand what goes into a merchant's formula for deciding how much to pay for your gold.

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