How do I sell prospected gold?

How do I sell prospected gold?

Jewelry shops are another place there you can openly sell your prospected gold. They typically smelt the gold down and then use to construct jewelry for their shop. Of course some of the smaller “mom and pop” shops might now offer as much as the larger shops do, which is why it’s important to compare prices.

How much does raw gold sell for?

This would make a melted down single gram of raw gold worth about $58-$61 per gram. Quality natural nuggets of good size, purity and color will sell easily for about 10-30% over spot (currently $6 to $15 dollars per gram over spot price).

Where can I sell my raw gold?

Where to Sell Raw Gold

• Local gold buyers. An online search for local gold dealers and gold buyers will turn up options close to where you live.
• Rock, gem and mineral trade shows. Search online for trade show dates and venues near you.
• Online auctions and marketplaces.
• Cash-for-gold businesses.
• Prospecting clubs.

What is gold foil worth?

From 1980 to 2020, the value of an ounce of gold has fluctuated between $257 an ounce to $1,896 an ounce. It is currently (20th May 2020) at $ 1,748. However, since gold leaf is capable of being flattened to 1/300 of an inch, the market value of a sheet of gold leaf is minimal.

How can you tell if gold flakes are real?

Rub a magnet over the gold dust or gold flakes. Gold is not magnetic, so if it is real and not mixed with other metals, it will not stick to the magnet. Drop the gold flakes into nitric acid. Unlike other metals, gold is not affected by nitric acid.

Is it normal for white gold to yellow?

Simple answer is that white gold will not turn yellow or tarnish to a yellow color under normal wear. In the market today, virtually every white gold jewellery item is rhodium plated or is an alloy that is especially white. Rhodium is a very white metal used to electroplate over white gold.