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7 Best Places to Get Cash for Your Gold Online in 2024

Explore the premier locations in 2023 to get cash for gold. Uncover the optimal destinations for converting your gold into money. Start your journey today!

March 11, 2024 / 15:23 IST
Best Cash For Gold

Are you searching for the perfect location to discover the hidden value of your precious gold? Look no further! In this dazzling adventure, we unveil prestigious, lucrative companies eager to exchange your highly regarded gold for money.

Immerse yourself in a sophisticated realm that showcases top-notch buyers, seamless transactions, and unparalleled customer experiences as we highlight the finest cash-for-gold businesses. 

So, if you're ready to turn your golden assets into shining opportunities, keep reading to uncover the industry's true leaders!

>> Visit Cash for Gold USA Now! >>

7 Best Companies to Get Cash for Your Gold



Express Gold Cash – Best Cash for Gold Company Overall


 

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Leading the gold-buying sector with a notable history spanning over two decades, Express Gold Cash has firmly established its reputation as a trustworthy purchaser of golden valuables. 

Their broad spectrum of services caters to an array of golden artifacts such as betrothal rings, timepieces, gilt coins, dental gold pieces, and other precious metals. For those teetering on the edge of decision-making about selling their possessions, Express Gold Cash offers several avenues for consultation. 

Customers can reach out to them via telecommunication or utilize their online form. The organization is renowned for its dedication to ethics and transparency while assessing the worth of items it buys.

Holding a distinguished A+ rating with Better Business Bureau is proof enough of Express Gold Cash's commitment to maintaining superior standards and ensuring customer contentment. 

Boasting an impressive 4.9 stars on Trustpilot, supported by over 4500 reviews, further exemplifies past customers' phenomenal experiences with them.

How to Sell


Should you desire to trade gold with Express Gold Cash, applying for an Appraisal Kit is mandatory via their online form. Upon receiving your application, detailed shipping directives will be dispatched, and payment will be issued within a day of receiving your package. Deliveries are facilitated by FedEx Overnight at no cost and come with an insurance cover worth $5,000.

Pay


Express Gold Cash offers to pay nearly 90% of the bullion gold value and close to 85% for processed jewelry. The pricing for gold is contingent on the prevailing market rate, which can be checked daily on their website. 

It also provides a detailed list of various items and their respective prices. Their Best Price Guarantee assures you that if any competition offers a better price exceeding $1000, Express Gold Cash will match this offer and reward you with an additional bonus of $100.

>> Try Express Gold Cash >>

Cash for Gold USA – Best Cash for Gold Company for Quick Transactions


 

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Cash for Gold USA has carved a niche as a distinguished and trustworthy purchaser of gold globally. 

Providing an array of services, including acquiring gold ornaments, waste gold, and golden coins from any part of the world, they have built an enviable reputation for their highly competitive pricing in the virtual sphere of jewelry buying. 

Their unwavering commitment to quality is mirrored in the trust that their customers have placed in them over time, thanks to their prompt and efficient service coupled with highly attractive rates.

A standout feature they offer is the "Gold Price Maximizer" program. This sets them on a different pedestal than others. 

This distinctive scheme guarantees that if there's an increase in the market price of gold within 30 days following transaction execution, they will pay out the difference amount to their clients. 

This embodies their unyielding commitment to ensuring clients get top-notch value for their golden assets.

Cash for Gold USA's unswerving commitment to uphold excellence is reflected in their A+ grade from the Better Business Bureau (BBB) and a remarkable 4.7 out of 5 stars on Trustpilot. These commendations enhance their standing as a dependable and reputable gold purchaser within the sector.

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How to Sell


The process requires filling out a form on their webpage to transact your gold possessions. Subsequently, an envelope will reach you within a couple of days through USPS Mailer or FedEx. 

This needs to be sent back with your commodities enclosed therein. Payment is guaranteed within 24 hours post-receipt. Shipping charges are nil, and every package comes with insurance coverage.

Pay


The potential sale value of your gold treasures is influenced by the prevailing conditions in the gold market and the specifics of your article. 

They provide a computation device on their site that enables you to assess the actual meltdown value for any specific piece. If their remuneration leaves you dissatisfied, they can return the funds, which restores your golden possession.

>> Check Out Cash for Gold USA >>

Liberty Gold and Silver – Best Cash for Gold Company for Precious Metals


 

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Incepted in 2012, Liberty Gold and Silver is an enterprise that procures a diverse range of gold jewelry and golden coins. Even though their online platform may lack extensive specifics, they pledge superior customer service via a round-the-clock accessible telephone line. 

This provision allows customers to contact for help concerning their precious items, pricing queries, or shipping issues at any time.

Even though Liberty Gold and Silver might be considered relatively new entrants into this sector compared to several rivals, they have consistently fostered trust among their consumer base. 

Their sincere dedication to dependability and ensuring client happiness has garnered them an 'A' grade from the Better Business Bureau. This accolade further cements their stature as a dependable buyer of gold.

How to Sell


You'll need to complete the form on their online platform to initiate the process. This step will dispatch a secure UPS envelope to your address. This can be deposited at any UPS dispatch point without incurring a single penny for shipping costs and is protected with an insurance cover of up to $1,000. 

Should your items exceed the confines of the envelope or if they carry a value greater than $1000, you can utilize the US Postal Service's facilities to ensure self-insurance. Under these circumstances, Liberty Gold and Silver commits itself to compensating for both shipping and insurance expenses.

Pay


The company's online platform provides extensive details regarding its gold item valuation process. They extend a 110% price match assurance, meaning if you come across a superior offer elsewhere, they’re committed to not just matching it but exceeding it by an additional 10%. 

Upon receipt of the items in question, the company initiates contact via phone or email with a proposed quotation. 

In case of agreement on your part, payment is dispatched via check. However, should you lean towards direct bank transfer as your preferred payment method, accommodate them, though it entails supplementary charges.

>> Visit Liberty Gold and Silver >>

Luriya – Best Cash for Gold Company for Convenience


 

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In the famed "Diamond District" of Manhattan, Luriya has carved out a significant reputation as a premier gold purchaser. With two decades of industry experience, they've emerged as a reliable entity to those wishing to offload their golden valuables. 

Even if you cannot present yourself at their New York-based storefront, Luriya provides the amenity of conducting your gold sales online. Luriya's team is celebrated for its professionalism and commitment to superb customer service, consistently delivering superior client support over several years. 

Their migration from physical processes into an online platform has yet to affect their high standards regarding customer interactions. It continues to reflect their pledge towards excellence. 

Engaging with Luriya ensures you receive top-tier service and complete satisfaction throughout your journey to sell gold online.

How to Sell


The process of trading gold with Luriya involves completing their postal kit form. Select your preferred shipping option from FedEx, DHL, UPS, or the US Postal Service. After obtaining the kit, place your belongings inside the provided envelope and mail it back to them. 

The shipping cost is covered entirely and guarantees protection up to $1,000. If additional insurance is necessary for higher-value items, arrangements can be made for a staggering $1 million in coverage.

Pay


Luriya should provide further details regarding their gold purchasing rates on their online platform. 

You can request a mail-in kit or input information for a complimentary appraisal of your precious items to receive an estimate. Their skilled professionals will thoroughly examine your gold piece and propose a just and market-competitive compensation.

>> Visit Luriya >>

SellYourGold.com – Best Cash for Gold Company for Online Selling


 

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With a remarkable history of half a century in the gold purchasing sector, SellYourGold prides itself on using exclusive technology for meticulous assessment and testing of all items made from this precious metal. 

This allows them to present their clientele with the most advantageous deals. The wide array of services they offer includes buying a variety of gold artifacts such as jewelry, coins, and bullion.

The credibility SellYourGold has garnered over time is reflected in the many who trade their gold possessions with them. Their rich expertise and unwavering pledge to deliver top-tier pricing make them a prominent selection for many interested sellers. 

Their commitment to upholding superior standards is further validated by their A+ grade from the Better Business Bureau. Furthermore, an impressive 4.8-star rating on Trustpilot supported by more than 6,600 testimonials reinforces their esteemed position as a reputable buyer in the gold industry.

How to Sell


If you want to offload your gold treasure through SellYourGold, go to their website and complete the online request for a complimentary appraisal kit. Once you've securely bundled up your golden valuables, dispatch them via FedEx. 

The delivery doesn't cost a dime and includes insurance coverage of up to $1,000. If additional protection is required, arrangements can be made telephonically. They pledge to extend an offer on the day they take receipt of your package and promise compensation within one full day.

Pay


SellYourGold purports to offer some of the most competitive rates in the industry. They've reportedly disbursed over $27 million to their clientele. 

Of course, the valuation fluctuates based on current gold market prices, which are readily available on their site. If you find a better deal elsewhere, SellYourGold pledges to match it. Furthermore, they provide a 5% bonus as part of your complimentary appraisal kit.

>> Visit SellYourGold.com >>

APMEX – Best Cash for Gold Company for Investment Gold


 

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Known by the abbreviation APMEX, which stands for American Precious Metals Exchange, this company has made a name for itself as one of the most reputable and considerable internet-based sellers of precious metals globally. 

Founded in 1999 with its corporate hub in Oklahoma City, Oklahoma, APMEX has earned a respectable status in precious metals trading by consistently serving investors and collectors. 

The cornerstone of their business operations involves purchasing and vending various valuable metals such as gold, silver, platinum, and palladium, be it coins, bars rounds, or numismatic collectibles that pique their interest.

How to Sell


To initiate a sales transaction with APMEX, establish personal credentials on their online platform and assemble your high-quality precious materials. 

Solicit a cost estimate, compare it to the existing market rates, and give your consent if the proposed amount meets your expectations. Safely dispatch the valuable metals for confirmation by APMEX, after which you will receive remuneration per the agreed terms.

The dependable solutions offered by APMEX and its clear-cut operations make it an esteemed choice for those aiming to trade precious metals securely without any complications.

It's important to highlight that all delivery arrangements made by APMEX are supplemented by insurance protection worth up to $50,000, thereby infusing further safety into every transaction.

Pay


While investing in valuable metals via APMEX, clients are presented with various payment methods, such as credit/debit cards, bank electronic transfers, traditional checks, and automated clearing houses. The payment procedure is designed to be uncomplicated and practical, allowing customers to select the payment method that best suits their needs.

In addition, APMEX's dedication to maintaining openness and fulfilling its customers' expectations guarantees a seamless transaction process. This fortifies their standing as a reliable marketplace for precious metal dealings.

>> Visit APMEX Now >>

US Gold Bureau – Best Cash for Gold Company for Gold Bullion


 

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Based in the heart of Austin, Texas, the US Gold Bureau is a renowned dealer specializing in precious metals. 

Established to grant individuals access to tangible precious metals to secure their wealth, they offer various gold, silver, platinum, and palladium products catering to investors and collectors. 

With an emphasis on transparency and customer satisfaction, the company has built a reputation for being trustworthy while providing secure services. 

The US Gold Bureau also equips customers with educational materials and insights into market trends to assist them in making informed investment choices.

Whether clients aim to diversify their assets portfolio, seek protection against economic fluctuations, or simply wish to own numismatic valuables, they can confidently rely on the US Gold Bureau as an esteemed supplier for acquiring precious metals.

How to Sell


To sell gold through the US Gold Bureau, your first step involves reaching out to them to set things in motion. Share specifics about the goods you intend to part with, and they will assess verification and quality check. 

Following this evaluation, they'll propose a quote derived from current market valuations. If their proposition aligns with your expectations, adhere to the dispatch guidelines elaborated by the US Gold Bureau for safely transporting your precious metals to their premises. 

Upon arrival, their specialists will confirm and validate the received commodities. Upon affirmation of authenticity, payment is issued via your chosen method. 

The US Gold Bureau emphasizes customer gratification and may solicit feedback regarding your transaction experience. Cooperating with such a reputable dealer offers a trustworthy platform for unloading valuable metal possessions.

Pay


The process of making payments at the US Gold Bureau is simple and secure. Patrons can select their preferred items, add them to their shopping carts, and purchase valuable metals or other goods. 

The US Gold Bureau provides a range of payment alternatives, from major credit and debit cards, bank wire remittances, individual check payments, and cashier's checks to ACH transfers, everything according to customer comfort.

For those opting for bank wire transactions, relevant banking information is promptly provided, whereas payments via credit or debit cards are ensured security through encryption techniques. Instructions are given for check and ACH transfer methods, too. 

Once customers have successfully navigated the payment stage, they receive an order confirmation as a way of acknowledgment from the company’s end. The US Gold Bureau also guarantees that purchased items reach customers safely within a reasonable time frame.

>> Visit US Gold Bureau Now >>

Our Ranking Methodology for the Best Companies to Get Cash for Gold


We recognize the importance of this monetary deal and have constructed a thorough strategy to evaluate different organizations that purchase gold. Our approach guarantees that the selected firms provide competitive pricing while upholding superior professionalism, reliability, and customer gratification.

Research and Identification:

Initiating our endeavor, we embark on a comprehensive research journey to pinpoint numerous gold-buying enterprises active within the market. 

Our information sourcing extends to reputable platforms like Better Business Bureau (BBB) assessments, Trustpilot evaluations, client testimonials, industry discourse on forums, and other trustworthy sources. 

By amassing data from diverse channels, we guarantee that our assessment encompasses a holistic panorama of each company's reputation and position in the market.

Company Experience and Reputation:

Companies boasting extensive experience within the gold-buying domain take precedence. A protracted track record signifies stability, dependability, and adeptness in appraising gold items. Our scrutiny delves into each company's years in operation, ensuring we factor in their cumulative industry expertise.

Customer Reviews and Ratings:

Customer input is pivotal in our hierarchical process. We meticulously scrutinize customer feedback and ratings across platforms like Trustpilot, Google, and BBB. 

We accord substantial importance to recent reviews, enabling us to gauge a company's current performance and its clientele's contentment, companies enjoying consistently positive appraisals and elevated ratings secure loftier positions.

Transparency and Professionalism:

The hallmark of transparency becomes evident when dealing with precious metals. We subject each company's transparency regarding pricing, payment avenues, and the overarching selling procedure to rigorous assessment. 

Entities that furnish lucid and exhaustive information about their assessment protocols, pricing frameworks, and payment alternatives find favor in our assessments.

Price Competitiveness:

In pursuit of paramount value for our readers, we undertake a comparative analysis of price propositions from diverse enterprises. 

Scrutinizing their pricing models, commission structures, and any ancillary costs accompanying the selling process forms the crux of our analysis. Enterprises tendering competitive prices and equitable market values for gold items ascend the ranks in this division.

Payment Options and Convenience:

Our evaluation encompasses an appraisal of each entity's gamut of payment alternatives. Entities furnishing various payment methods such as bank transfers, PayPal, or checks accrue higher scores in this yardstick.

Furthermore, we weigh the ease of the overall selling process, encompassing the accessibility of customer support and the seamlessness of shipping arrangements.

>> Best Cash for Gold: Cash for Gold USA >>

Best Companies to Get Cash for Gold – Buyer’s Guide


Other Ways to Sell Gold for Cash


We've conducted extensive investigations on the methodologies of trading gold, ornaments, and coins. Here are some of the top 'in proximity to me' alternatives we delved into (continue reading for more information):
  • Pawn shops
  • Local gold buyers
  • Local cash for gold businesses
  • Coin dealers
  • Jewelry stores
  • Antique stores
  • Metal recyclers
  • Online marketplaces like eBay and Etsy

Turning to a trustworthy pawnbroker can be a practical solution when you need immediate funds and favor dealing with familiar faces within your community. 

Seek out referrals, acquire several estimates, and don't shy away from bargaining. Naturally, pawnbrokers allow you to retrieve your gold within the loan's stipulated terms.

While numerous esteemed local enterprises can offer a fair price for reselling your gold items such as jewelry, coins, nuggets, watches, bullions, or even dental gold, opting for online transactions with a well-regarded firm is generally the most advisable approach for offloading your gold assets.

Using an online gold buyer is advantageous because:

  • Opting to sell gold through online platforms offers heightened convenience and privacy compared to traveling to local businesses in your vicinity.
  • A well-established gold purchaser will exhibit a substantial online footprint that you can explore for research purposes. This includes evaluations and appraisals from Trustpilot, BBB, Yelp, and Facebook.
  • Cash for Gold USA presents an online gold calculator, aiding you in comprehending their proposed offer before you dispatch your item to them.
  • Online gold buyers are better positioned to extend attractive price offers due to their diminished operational costs (absence of costly retail rent) and the competitive dynamics inherent in the online realm.

>> Try Out Cash for Gold USA >>

Is It Better to Sell Gold at a Pawn Shop?


Pawnshops are an excellent source of quick money. Typically, they provide more favorable rates than conventional outlets, particularly large-scale pawn shops.

The primary edge that pawn shops have over online merchants is speed. When you sell your gold at a pawn shop, the transaction can be completed in as little as ten minutes or longer if you survey various outlets and select the most advantageous offer.

If your preference leans toward selling your gold via an online platform, it certainly affords the luxury of not needing to leave home and thus saves time on travel.

Conversely, though, there will likely be a waiting period of several days before you receive an offer. If that proposal doesn't meet your expectations, you can send the item to another buyer – which will require another few days.

How to Check if Your Gold Is Real?


Should your golden piece lack a discernible stamp, several techniques exist to ascertain whether the item is genuine gold.

While only an expert can provide an exact karat evaluation of your golden object, its authenticity or lack thereof can be determined using one or more of the strategies below:

  • Heat: Gently expose the item to a steady flame using a lighter or stove (avoid blow torches). Authentic gold becomes brighter when heated, while fake gold darkens or alters its color.
  • Magnet: Test with a strong interest available from hardware stores. Authentic gold is non-magnetic and won't be attracted. If the item is magnetic, unfortunately, it's not gold.
  • Skin: If the jewelry causes your skin to turn green or black, it's not gold. Genuine gold jewelry won't discolor your skin.
  • Water: Place the gold item in a glass of water briefly. Real gold sinks; if it floats, it's not gold. Gold won't rust like some metals, regardless of how long it's submerged.

How to Calculate the Price of Your Gold Item?


Many gold price calculators are available on the web, which can be used to determine the value of your golden possession. It's essential to input the weight and karat to obtain a precise valuation. The importance of your piece can easily be determined using a finely calibrated kitchen scale.

The value representing karats is generally imprinted directly onto the item itself. It's common for this stamp to be on its back or inside. You'll often encounter markings such as "18K," signifying 18-karat gold.

In addition, items composed of gold may also bear a three-figure numeric representation inscribed in their stamping. The interpretation of these numbers is detailed below:

  • 999: 24 karat – 99.9% gold

  • 990: 22 karat – 99% gold
  • 916: 22 karat – 91.6% gold
  • 750: 18 karat – 75% gold
  • 585: 14 karat – 58.5% gold
  • 375: 9 karat – 27.5% gold

>> Best Cash for Gold Company: Cash for Gold USA >>

Best Companies to Get Cash for Gold – FAQs


What Is a Gold Spot Price?


The immediate selling price of gold, known as the 'spot price,' is what gold is currently trading at. This spot price is a crucial reference for gold buyers when deciding on a proposal to purchase your gold today.

The phrase 'gold spot prices' refers to the immediate delivery cost of purchased gold, and it's determined by averaging out the net worth of all presently traded futures in the following month.

On July 21, 2023, it was recorded that in the United States, an ounce of spot gold was worth $1,981.50 or priced at $69.90 per gram.

How Much Does Gold Sell For?


Ultimately, the price of gold is determined by what a buyer is willing to pay; most often, this aligns with the spot gold price, discounting any commissions, the method of sale, whether selling or pawning, online or in-person, can invite negotiation possibilities.

According to data on July 21, 2023, the spot value for gold in America was listed at $1,981.50 per ounce or $69.90 per gram.

>> Best Cash for Gold Company: Cash for Gold USA >>

Is Now a Good Time to Sell Gold?


The valuation of gold can suggest if it's an opportune moment to offload your gold assets. Since November 2022, we have observed a steady increase in gold prices, and the projection from market experts is that this trend will persist and slightly elevate throughout 2023.

In early May, the cost of gold was practically touching its peak from 2020, although it has since descended due to Treasury Bond yields exceeding 5%.

If you have underutilized or unloved items like gold jewelry or coins scrap metal made out of gold, selling these could channel funds towards debt repayment or a vacation. It could contribute towards an initial payment for real estate acquisition, among other worthwhile endeavors.

On balance, having liquid cash for immediate bills such as rent payments, auto loans, or utility charges outweighs the value of hoarding bullion bars or pieces such as trinkets and coins secreted in drawers or safety deposit boxes.

Additionally, it might be logical to convert your held-up capital in forms like golden chains into more lucrative opportunities. Perhaps shares within retirement portfolios offering better returns over time might be rational.

You could also consider venturing into segments like real estate investment, which provide tangible appreciation potential over time.

Interestingly enough, selling that dusty old chain you've not used in years (or perhaps one that's damaged) may just cover a lavish dinner outing at some upscale eatery! Is that outdated graduation ring gathering dust? It might foot your next electricity bill!

Likewise, disposing of your gold assets to invest in stocks or an index fund could be a strategic move to leverage the declining stock market.

Can You Make Money Selling Gold?


Gold has consistently proven to be a solid long-term investment. Given that the value of gold is currently dipping, it may be advantageous to retain your holdings or consider offloading thembefore potential further depreciation.

Bottom Line on Best Companies to Get Cash for Gold


After conducting thorough evaluations, it’s evident that certain companies have consistently shown their trustworthiness, openness, and commitment to ensuring customer satisfaction.

By choosing reputable firms like Cash for Gold USA, you can confidently sell your gold items and expect fair prices and a seamless selling process.

Converting gold into cash is an effective way to supplement your income. However, achieving maximum returns has always been challenging due to the numerous valuation tools and buyers available.

To optimize your earnings potential, consider obtaining multiple appraisals and closely monitoring fluctuations in the gold market.

If time is of the essence in converting your gold into cash, exploring various offline options may be advantageous. Exploring as many avenues as possible is recommended while attempting negotiations whenever possible.

>> Best Cash for Gold Company: Cash for Gold USA >>

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Moneycontrol Journalists were not involved in the creation of the article. 

first published: Feb 20, 2024 10:49 pm

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