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Where to Sell Gold Online – Best Gold-Selling Sites for 2024

Explore the leading online gold-selling platforms of 2024. Maximize your gold's value by choosing reputable buyers. Start your selling journey now!

March 11, 2024 / 13:35 IST

Investing in gold serves as a safe haven during significant stock market downturns and acts as a reliable defense against inflation. Reputable online merchants specializing in gold have made it more accessible to add precious metals to one's investment portfolio.

These merchants provide convenient options for purchasing high-quality physical gold, whether you choose to have it delivered right to your doorstep or securely stored in a vault.

Select trustworthy and well-established dealers when opting for physical gold instead of alternatives such as golden tickets, stocks in gold mining companies, or Exchange-Traded Funds (ETFs) backed by gold.

We have carefully selected leading companies based on their outstanding track records, excellent reputations, transparent pricing policies, clearly defined buyback procedures, diverse payment methods, reliable storage options, and reasonable commission structures and fees.

Partnering with these esteemed dealerships, investors gain the confidence to make secure purchases of high-grade physical gold that meets all their investment needs.

>> Sell Gold Online With Cash for Gold USA >>

7 Best Companies to Get Cash for Your Gold



Express Gold Cash – Best for Selling Gold Online Overall


 

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Express Gold Cash is a distinguished cash for gold company with an impressive legacy of over two and a half decades in the business. They offer diverse services, including acquiring various forms of golden jewelry such as betrothal rings, timepieces, gold coins, dental-grade gold, and other precious metals.

Express Gold Cash offers numerous channels for queries for those still contemplating whether to part ways with their possessions. Customers can reach them via telecommunication or by utilizing their online questionnaire. 

This prestigious company prides itself on its commitment to integrity, clarity, and dependability while determining the worthiness of acquired pieces.

Noted for its exceptional operation standards, Express Gold Cash has been granted an A+ ranking from the Better Business Bureau. This rating reinforces its devotion to upholding high-quality norms and consumer gratification. 

Their impressive Trustpilot score of 4.9 stars, supported by more than 4k reviews – speaks volumes about the phenomenal customer experiences they've delivered over the years, affirming their credibility as one reliable choice in this business.

How to Sell


Where can you sell your gold online with Express Gold Cash? The initial step involves acquiring an Appraisal Kit by completing an online form. 

Upon receipt of the package, they will furnish you with shipping details and ensure payment within a day. All parcels are transported via FedEx Overnight at no charge and include insurance coverage up to $5,000.

Pay


Express Gold Cash is known for its high payout rates, offering up to 90% of the value of gold bullion and as much as 85% for refined jewelry pieces. 

The speed at which they buy gold online is determined by the prevailing market price, a figure updated on their site daily. Their site also offers a glance at an array of items they've purchased, complete with the fees paid for them. 

Their Best Price Guarantee ensures that if you receive an offer exceeding $1000 from any competitor, they will match it and sweeten the deal with an additional $100 bonus.

>> Sell Gold Online With Express Gold Cash >>

Cash for Gold USA – Best for Quick Transactions


 

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Cash for Gold USA is among the most extensive and well-established purchasers of gold within the United States. They provide a quick response time, offer competitive rates, and are the best place to sell gold jewelry, coins, and other items. 

Where to sell gold online, their methodology is straightforward: visit their site and request a complimentary kit with prepaid postage and directions on securely packaging your gold before sending it off.

Upon receiving your goods, they pledge to present you with an evaluation within one day. Should you agree with their proposed price, they make payments through check or PayPal.

Furthermore, Cash for Gold USA ensures they’ll surpass any rival's proposal. This encourages clients to seek alternative appraisals to secure the finest deal achievable.

How to Sell


The procedure initiates with an online form submission on their platform to sell your gold online possessions. Following this, within a few days, you'll receive a parcel through either USPS Mailer or FedEx. This package containing your items should be sent back to them. 

Post-delivery confirmation: You can anticipate remuneration within 24 hours. It's hassle-free, with no shipping charges and assured insurance for all packages.

Pay


The appraisal of your golden trinkets is determined by two primary factors. The current market rate of gold and the intrinsic value of your item in hand. Their website features a calculator tool that allows users to assess the actual melt value for specific items at present conditions. 

However, dissatisfaction arises from the amount they credited in return for your gold. In that case, there’s always an option to refund that sum back to them and reclaim possession of your original merchandise.

>> Visit Cash for Gold USA >>

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Liberty Gold and Silver – Best for Selling Precious Metals Online


 

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Liberty Gold and Silver, a business focused on buying gold jewelry and coins, was founded in 2012. Their site might need more details. 

However, they compensate with round-the-clock customer service via phone lines. This provision allows customers to raise questions about their golden articles, price queries, or shipping issues anytime.

Despite being a comparatively recent entrant in the field as opposed to some rivals, Liberty Gold and Silver have consistently fostered trust among their customers. 

Their dedication to dependability and client satisfaction has merited them an A rating from the Better Business Bureau. This endorsement further bolsters their standing as a credible gold buyer.

How to Sell


It's necessary to complete the required form on their digital platform. Upon doing so, a safe UPS packet will be dispatched to you, which can quickly be dropped off at any UPS delivery hub. The company takes full responsibility for shipping charges and provides insurance cover up to $1,000. 

If your items exceed the envelope size or you assess their value surpassing $1000, utilizing the US Postal Service for sending them becomes a viable option where self-insurance is permissible. In such scenarios, Liberty Gold and Silver commit to reimbursing shipping expenses and the cost of insurance coverage.

Pay


The details on where to sell your gold online are extensively displayed on their site. They propose a 110% price match promise, meaning if you stumble upon an offer superior to theirs, they will equal it and even top it up by an extra 10%. 

Upon receipt of the gold items, expect a call or email to provide a quotation. If this meets your approval, a check will be dispatched to you. Should you favor direct bank transfer over traditional check payment methods, that option is also accessible, albeit at an additional cost.

>> Sell Gold Online With Liberty Gold and Silver >>

Luriya – Best Cash for Gold Company for Convenience


 

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Luriya holds a distinguished standing in the famed "Diamond District" of Manhattan as a premier purchaser of gold. With over two decades in the business, they've successfully positioned themselves as reliable for individuals wishing to sell gold online

Even if you cannot visit their location in New York, Luriya provides an option to sell your gold online.

Known for their professional conduct and superior customer service, Luriya's crew has consistently delivered high-grade support to its clientele over many years. Their transition into the digital realm has not compromised the integrity of their customer interactions. 

Instead, it upholds its promise of excellence. Engaging with Luriya means receiving top-tier service and satisfaction from start to finish on your journey towards selling your jewelry pieces.

How to Sell


Luriya allows you to sell your gold online. Select a courier of your preference among FedEx, DHL, UPS, or the US Postal Service when filling out the form provided in their package. Once you obtain this kit from them, place your belongings into the envelope and return it. 

The shipping expenses are covered and come with insurance worth $1,000. They can organize additional coverage up to $1 million if required.

Pay


More detailed data regarding the payment Luriya makes for gold is needed on their website. They provide the option of requesting a mail-in kit or submitting information for a complimentary appraisal of your valuables to receive an offer. 

Their proficient team will examine your golden possession meticulously and propose a just and market-competitive compensation.

>> Sell Gold Online With Luriya >>

SellYourGold.com – Best for Online Gold Selling


 

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SellYourGold has carved out a remarkable reputation in gold purchasing for over half a century. Their unique, cutting-edge technology allows them to meticulously analyze every piece of gold they receive, ensuring their customers always get the most competitive deals. 

Their broad portfolio extends to buying various forms of gold, including jewelry, coins, and bullion. SellYourGold's stamp of trustworthiness and reliability is evident from the myriad of individuals who decide to transact their valuable metals with them. 

With a rich history under its belt and an unwavering dedication to offering prime prices for golden assets, it’s no wonder that they’re often the first port of call for many online gold sellers. 

This relentless commitment towards upholding superior standards hasn't gone unnoticed either, evidenced by their exemplary A+ rating with the Better Business Bureau (BBB). 

SellYourGold also flaunts an outstanding 4.8-star rating on Trustpilot, supported by more than 6,600 reviews, which further cements its respected standing as one of the industry's esteemed purchasers of gold.

How to Sell


To part with selling your gold online via SellYourGold, you must visit their webpage and complete the digital form to obtain your complimentary evaluation kit. Once you receive your golden valuables, you must dispatch the parcel via FedEx. 

The carriage is cost-free and under insurance protection up to $1,000. Should additional coverage be necessary, this can be coordinated telephonically. They vow that upon receipt of your package on any given day. They will put forth an offer and effect payment within 24 hours.

Pay


Asserting to offer some of the best platforms to sell gold online in the industry, SellYourGold has reportedly dispersed upwards of $27 million to its clientele. The exact payout is contingent on gold's prevailing market rates, readily accessible on their site. 

If a superior offer is identified elsewhere, SellYourGold pledges to match it. They sweeten the deal by adding a 5% bonus to your complimentary appraisal kit.

>> Sell Gold Online With SellYourGold >>

APMEX – Best Cash for Gold Company for Investment Gold


 

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Renowned globally as a significant online purveyor of precious metals, APMEX, an acronym for American Precious Metals Exchange, enjoys substantial recognition. 

Founded towards the end of the 20th century in 1999 and operating out of Oklahoma City, this enterprise is well-regarded and trusted within precious metal investments and collecting. 

The core operations entail procuring and selling gold, silver, palladium, and platinum online. These are made accessible to customers in standard forms such as bars or coins and through rounds or even numismatic collectibles catering to varied preferences.

How to Sell


To sell gold online with APMEX, you must set up an account on their platform and have your valuable metals ready in excellent condition. Seek out a valuation, scrutinize the prevailing market rates, and proceed if content with the proposed deal. 

Safely dispatch your precious metals to APMEX for validation. Following successful verification, reimbursement will be based on the mutually agreed proposal.

APMEX distinguishes itself through its trustworthy services and open dealings, making it a preferred choice for those wanting to secure deals involving precious metals without complications or worries. 

A vital point of consideration is that every shipping arrangement facilitated by APMEX incorporates insurance protection worth up to $50,000, providing an additional safety net for transactions.

Pay


Customers have multiple payment options when buying precious metals from APMEX, such as credit or debit cards, bank wire transfers, checks, and even ACH transfers. Making payments is streamlined and effective, allowing clients to pick a payment method that best suits their needs.

By prioritizing transparency and customer satisfaction in all transactions, APMEX has fortified its standing as a reliable marketplace for trades involving precious metals. This steadfast dedication ensures customers can always expect a smooth experience during the payment process.

>> Sell Gold Online With APMEX >>

US Gold Bureau – Best for Gold Bullion


 

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Established in Austin, Texas, the US Gold Bureau is a leading dealer of precious metals. It was set up to give individuals an avenue to secure their wealth through tangible precious metals. 

The US Gold Bureau has a vast selection of gold, silver, platinum, and palladium items catering to investors and collectors. 

Striving for transparency and customer satisfaction has bolstered its reputation as a trustworthy provider with solid services. It furnishes instructive materials and shares industry analysis, enabling clients to make educated investment choices. 

Whether one aims at portfolio diversification, securing against economic volatility, or purchasing numismatic gems, the US Gold Bureau is a distinguished platform for obtaining valuable metals.

How to Sell


Starting your transaction with the US Gold Bureau to sell your precious metals online involves contacting them first. Offer specifics about the precious commodities you're planning on parting ways with, and they'll proceed with an examination for authenticity and condition. 

After their analysis, the next phase incorporates a price proposition based on prevailing market values. Should their proposal resonate with you, adhere to the US Gold Bureau's shipping guidelines to send your valuable items to their establishment securely.

Upon arrival, specialists at their end will double-check and verify the authenticity of the items received. Following verification, payment is processed via your preferred method. As a testament to how much they value client contentment, the US Gold Bureau may request feedback concerning your experience post-sale completion. 

Collaborating with a respected dealer like this offers you an unshakeable platform from which you can confidently sell gold online.

Pay

Making payments at the US Gold Bureau is uncomplicated and safe. Clients can add their preferred items into a virtual basket to purchase valuable metals or other products, then proceed towards the checkout phase. 

Various payment methods are facilitated by the US Gold Bureau, ranging from well-known credit and debit cards to bank wire transfers, personal checks, cashier's checks, and ACH transfers. Clients have the flexibility to select a payment plan that fits their needs.

The banking information for executing bank wire transfers is duly provided, while transactions through credit/debit cards are carried out securely due to encryption technology applied. When opting for checks or ACH transfers, specific guidance is given. 

Once payment has been processed successfully, an order confirmation is sent out promptly to customers, ensuring a secure and swift delivery process by the US Gold Bureau for all purchased items.

>> Sell Gold Online With US Gold Bureau >>

Our Ranking Methodology for the Best Places to Sell Gold for Cash


 

Following an in-depth examination of leading online gold traders, we meticulously employed vital indicators to gauge their efficacy and dependability. 

Our appraisal included elements like online standing, tenure within the industry, clarity in pricing, modes of payment available, dispatch promptness, non-existence of commission charges or hidden costs, and the superior level of customer assistance they offer. 

After this exhaustive scrutiny process, we have classified these dealers into six unique categories, each surpassing others in various facets.

Best Reputation: We pinpointed the best place to sell gold online and vendors renowned for exceptional standing among customers and the broader investment community within this classification. They consistently display dependability, integrity, and a proven history of providing unparalleled service.

Longest Track Record: For individuals seeking a dealer deeply rooted in the gold market, we opted for the one with the lengthiest established history to sell gold online. This dealer has endured the trials of time, underscoring their stability and adeptness in navigating diverse market circumstances.

Best Price Transparency: Price transparency is essential for investors aiming to make well-informed choices. The dealer in this division distinguishes itself through its lucid and uncomplicated pricing policies, ensuring customers are fully aware of the exact costs with no concealed expenses.

Flexible Payment Alternatives: Acknowledging investors' diverse preferences regarding payment methods, we located a dealer offering an extensive array of adaptable payment choices to cater to various requirements.

Fastest Shipping Speed: Some investors prioritize time sensitivity, prompting us to single out the dealer with the swiftest shipping speed. This category suits those who desire swift and efficient delivery of their physical gold.

No Commissions and Hidden Fees: We emphasized a dealer that refrains from imposing commissions or tucking away concealed fees within this grouping. This guarantees that investors can optimize the worth of their investment without unforeseen expenditures.

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

Where to Sell Gold Online to Get Cash – Buyer’s Guide


 

More Ways to Get Cash for Gold


Pawn Shops


To get cash for gold, often, pawn shops are the go-to places for selling gold jewelry due to their readiness to buy. These establishments may need more precise equipment to measure gold purity and might not provide you with top dollar for your valuables.

Therefore, you must clearly understand your gold's worth before venturing into a sale at such an establishment. Remember, if their proposal falls short of your expectations or value assessment, there’s no harm in declining their offer and choosing not to finalize the transaction.

Local Precious Metals Dealers


Should you reside near a dealer specializing in precious metals, they could be potential buyers for your gold. Such dealers are skilled in validating the genuineness of valuable metals and appraising their accurate value.

Partnering with a credible dealer increases your likelihood of landing a fair deal and the benefit of conducting the transaction face-to-face.

Local Jewelers


Jewelers are particularly interested in acquiring valuable metals. Therefore, a trip to your neighborhood jewelry store could be beneficial if you consider selling.

When you're parting with gold trinkets, the jeweler has the expertise to determine whether its worth exceeds that of its inherent metal. This ensures that any transaction you engage in is advantageous for you.

Online marketplaces like eBay and Etsy


eBay is an open marketplace where almost everything, including gold trinkets and coins, can find a new owner. 

While selling gold online on eBay might require more effort to ensure fair pricing and scam avoidance, it holds the potential for higher returns since you're dealing directly with purchasers instead of reselling platforms.

It's essential to know about the prevailing market value of gold and estimate what your item is likely worth before diving in. Creating an eye-catching listing is crucial as well. 

Be prepared to engage with prospective buyers who may haggle or pose queries. Ensure timely and secure dispatching of your items while patiently awaiting payment clearance.

>> Visit Cash for Gold USA >>

Tips for Selling Your Gold


 

See What’s Real Gold


Your initial objective is to ensure the authenticity of your prized possession. It's crucial to remember that not all that glitters is genuine gold. The first step involves identifying hallmarks and petite imprints on the gold depicting its purity level. 

These are typically concealed in inconspicuous locations, like inside a ring or on the clasp of a necklace. You could also carry out an elementary examination using a magnet at home. 

Since gold isn't magnetic, if your jewelry latches onto it, you're unfortunately dealing with an imitation piece, not actual gold. Consider seeking professional assistance to test your gold items accurately. 

They employ specialized acids and electronic instruments capable of accurately detecting real from fake gold elements. While some establishments may levy charges for this service, it adds value by affirmatively establishing your item's authenticity.

Check Your Quality


Your task is to determine the authenticity and quality of your jewelry, specifically if it's made from gold. The value is dictated by its purity, quantified in units known as karats.

In the United States, we gauge gold purity using karat. The higher the karat number for yellow gold, the higher the purity level within that piece. Suppose your items have identifiable marks or stamps, often called hallmarks. 

They can reveal this information about their quality. These hallmark signals may read something akin to "10K", "14K", or even "18K," which allows you to assess the percentage of pure gold present in your article.

It's essential knowledge that 24-karat denotes pure gold; however, due to its relatively soft and malleable, it's frequently alloyed with other precious metals to enhance durability and is suitable for daily usage.

Research Gold Conversions


Grasping the concept of gold conversions is an essential final step before you venture into selling gold online.

In the United States, troy ounces are typically used to measure gold. Globally, many regions prefer using grams. Familiarity with these measuring units and their correlation aids in gaining a precise understanding of your gold's weight and its subsequent worth.

>> Sell Gold Online With Cash for Gold USA >>

Can I Sell Gold Jewelry?


Indeed, the prospect of selling gold accessories for cash is quite feasible. The crux of your decision should revolve around whether you intend to sell it as an ornament or purely on its gold value alone, which will inevitably influence your choice of prospective purchasers.

When selling your golden ornaments as such, consider approaching jewelers or pawnbrokers. 

Various platforms, like eBay and Craigslist, allow you to market directly to other customers. If the piece in question possesses a vintage charm, antique collectors might be interested buyers, too.

Usually, when artistic or historical worth is attached to a piece, it’s more profitable to sell it as jewelry than just mere metal content. An unadorned chain may fetch little despite being made from gold. 

However, a well-maintained centenarian necklace holding an equivalent weight in gold could yield more due to its antiquity and historical relevance.

Should you decide that parting with your jewelry based on its inherent precious metal value seems fitting, focus on buyers who predominantly deal with these commodities – primarily gold traders and corporations handling precious metals who are perfect candidates for this transaction.

Under these circumstances, the pricing of your accessory would be proportional to its constituent material, i.e., how much pure gold it contains determines how valuable these specific buyers deem it. 

Therefore, pieces showcasing higher purity levels will command better prices per gram compared to those possessing lower purity standards.

>> Sell Gold Online With Cash for Gold USA >>

Should I Sell My Gold or Save It?


Your financial circumstances and objectives influence the choice between selling your gold online or retaining it. Selling gold online can be beneficial when you need funds rapidly. 

This method allows for the swift transformation of a tangible asset into usable cash. If immediate monetary needs outweigh idle items in your home, liquidating them to cater to crucial requirements isn’t detrimental. 

Preserving their gold as a long-term investment could be more prudent for those with an eye on future gains. Gold is often regarded as a 'financial sanctuary,' implying its worth escalates. 

Gold futures offer protection against inflation and economic instability. Investments in forms such as gold bars, jewelry, and other precious metals bring diversity to your investment portfolio. This blend of varied assets helps minimize financial risk.

Thus, holding onto your gold could boost long-term fiscal stability if you have no instant cash demand. Whether you sell or retain your treasured metals should hinge on what best suits your goals and necessities.

Alternatives to Selling Gold


A myriad of motivations could propel you to exchange your gold for money. You may have realized that surplus gold is sitting idle in your possession, and converting it into cash might facilitate a significant buy or diversification of investments.

Alternatively, the gold might have been passed down to you, and the onus of safeguarding it feels burdensome. If financial distress drives your decision to offload gold, other remedies could be worth considering before parting with this valuable commodity. 

A fair number of those in the business of buying gold may exploit sellers who are in dire straits by offering less than its actual market value. 

Awareness of other avenues can afford you the time to realize the complete value of these prized metals and prevent relinquishing golden keepsakes imbued with sentimental worth.

When urgent financial needs arise or unforeseen expenses crop up, opting for a personal loan could be an effective solution for obtaining requisite funds. Here's presenting a curated list featuring some highly-rated personal loan entities.

Although repayment obligation comes with procuring loans alongside interest charges on borrowed sums, it can rescue you from relinquishing undesired saleable assets like gold while providing sufficient breathing space, ensuring full potential value recovery from your golden assets. 

Although taking a loan may not be your initial preference, there are certain circumstances where it proves to be the best decision, mainly when the other option involves disposing of an asset at a value significantly lower than its actual market worth.

>> Try Cash for Gold USA >>

Where to Sell Gold Online – FAQs


 

What Is a Troy Ounce?


The precious metal sector employs a unique unit of weight known as a troy ounce. This standard measurement is used in weighing, purchasing, and selling gold online. Developed in England during the 15th century, the Troy weight system has specific parameters. 

A pennyweight comprises 24 grains under this system, which takes 20 pennyweights to form an ounce. A troy pound consists of twelve troy ounces. A single troy ounce comes out to be approximately 31.1 grams or about 1.097 regular ounces. 

For ease of estimation, it's acceptable to take a troy ounce as being around 10% heavier than an ordinary ounce. Therefore, if you possess one standard ounce of gold, you hold close to .91 troy ounces.

Is Buying Gold Online Safe?


Making an online purchase of gold is just as secure as any other internet-based transaction, given that you're engaging with a credible firm.

Like all e-commerce activities, thoroughly investigating these digital vendors is your primary and ultimate safeguard against fraudulent entities. 

Top-tier merchants employ SSL encryption and meet PCI compliance standards. They ensure their every shipment by covering the full value through insurance.

Do Gold Dealers Report to the IRS?


Indeed, IRS regulations require gold merchants to submit reports. These transactions must be reported when a client purchases with cash totaling $10,000 or above or when a substantial quantity of gold or silver pieces is sold in bulk. The necessary paperwork includes either the IRS form 1099-B or the 8300 form.

 

Bottom Line on Where to Sell Gold Online


The online gold traders mentioned above have established a trustworthy and ethical image, renowned for their integrity. Top-notch merchant possesses unique qualities that appeal to various customer segments.

Gold investors often diversify their investments by buying from multiple sources. If you're looking for a wide selection of products in all categories, starting with Cash for Gold USA as your first option is advisable.

>> Sell Gold Online With Cash for Gold USA >>

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Moneycontrol Journalist were not involved in the creation of the article. 
first published: Feb 20, 2024 10:00 pm

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