The price of gold is at $1,211.70/troy ounce as I write this… close to the record high of last week and everyone is asking “should I sell my gold now or wait for the price to go higher?”.    I do not have a crystal ball and will not attempt to predict where the price of gold is headed in the short, or long, term so I have been offering the following advice:

1. If you are considering going to anyone other than a jeweler to sell your gold, don’t sell!

2. If you are considering going to a jeweler to sell your gold, sell, if any of the following conditions are met:

• You need money.
• The items have bad memories. We’ll be happy to let you watch us melt your wedding ring if necessary.
• You do not wear the item anymore.
• The pieces are broken.
• The pieces are dental fillings.

3.  Our Golden Rule: If you haven’t worn/seen it in 3 years, bring it in!