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Cash for Gold Recently Seen in Media Headlines
Due to the highest gold prices in over 30 years, coupled with the recent economic downturn, and a weakened dollar, more and more people are trading in there gold in their possessions in order to try and take full advantage of the high gold prices. As a result there has been a sharp rise in new businesses try to take advantage of the situation, by basically under valuing customers gold leaving them out of pocket, and with a sour taste in their mouth.
Thousands of people have already fallen prey to these untrustworthy businesses online and offline. Some online gold traders are only offering 30 percent of their actual gold value. You should check online for the best and most reputable gold trader, the top sites offer money back guarantee over differing periods of time after trade of gold, and you should check to see which one is paying the most money for the gold.
Recently as seen in media headlines the cash for gold scam has been rapidly increasing, and potential victims are being warned to be certain they trade their precious gold to a renowned trusted dealer, which will give you the best price possible. It is possible and highly recommended for individuals to estimate how much their gold is worth, before consulting a gold dealer. This ensures you are getting the best price for your gold and preventing you from being scam out of money. Gold prices are relevant to the weight and purity of the gold. There are four types of gold purity which scales from 10k, 14k, 18k, and 24k being the purest form of gold. So if you want to sell your gold while the price is high, but want to avoid the “cash for gold con artists" then take your time research trustworthy traders, and learn to estimate the value of your gold prior to negotiating final sale price.
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