Over the last couple of months Gold prices have seen a decline, but recently prices have begun to tick up. Currently, prices are up as investors move back into the gold precious metal. After falling from its high of over $1900 per ounce, it is good news to gold investors and those looking to sell gold jewelry that prices have begun their upward trend.
As with any investment vehicle, gold and precious metals will fluctuate because of many different reasons. It is almost impossible to determine which direction the price may go because there is no telling what events may occur to drive the price one way or the other.
Below is an image of the current Gold price chart:
The below chart shows how the price of Gold has been moving lower over the last 60 days:
For those looking to sell gold jewelry the first thing you should do is get a jewelry appraisal from a certified jewelry appraiser in your area. In many cases, jewelry can be worth more than just the value of its weight in gold. Here is a link to learn more about the benefits of jewelry appraisals.