Orenis Better

Sell Gold Jewelry

Isn’t It‘s Important to Select the Right Dealer for Selling Gold Bars?

Gold bars undoubtedly offer great investment options. A new investor is surely going to face challenges, if he/she is not familiar with the spot price of gold. The spot price is the standard determinant of gold bullion per ounce. Prior knowledge of spot price helps you determine how much the gold bars are actually worth. Apart from this, a seller has to consider several other things when selling gold bars.

Here are a few basics to guide you through the procedure:

  • Smaller gold bars are much easier to purchase and even easier to sell. With small bars (ex: 10 oz) you can sell your gold in portions taking advantage of volatility in the market. By investing you money into smaller gold bars, your gold investment could be accumulated over the years as desired. On the other hand, the larger bars have a lower percentage of mark-ups or premiums over the prevailing rate of the fine gold content. This also means that larger bars will have smaller ‘spread’ signifying the difference between the purchase and sale price per gram or troy ounce).
  • It’s important to check out the track record and the past business practices of the dealers before selecting them. This is actually meant for safety purposes. Do good research; find out if there are any customer complaints or smuggling activities reported against the dealers. Do not just blindly go for the one who offers you higher prices. If there is any sort of complaints against the dealers, you may also end up facing potential problems during the transaction.

If you want to take advantage of investing in gold but don’t want to deal with the hassle of buying and selling the actual bullion then there are alternate options available. Gold mining stocks, mutual funds and ETFs (Exchange Traded Fund) allow investors to reap benefits of gold prices without actually purchasing the bullion.

Oren is Better is the place to get the most cash for your gold bars. We promise you an unmatched experience and utmost satisfaction. Most of all, you can rely on us. We offer immediate and high returns without any gimmicks.

You may call us at 647-234-2274 to arrange a meeting. You can visit our location or we can set up a meeting anywhere within GTA at the location of your choice. To know more, visit our website in https://orenisbetter.ca/.

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