With prices in the shops remaining higher than last year, and now the emergence of the Omicron COVID variant, you might be looking for reasons to be cheerful this Christmas. High gold prices could be the silver (or gold) lining in this situation, making the festive season an ideal time to sell gold.
Reasons for cheer
After months of social distancing, mask-wearing and seeing inflation eat into incomes, it’s easy to think Christmas 2021 will have few reasons for us to be cheerful. However, if you happen to have a bit of gold tucked away, it could be a truly golden opportunity, especially if you’re thinking of selling it today. That’s because gold prices are close to all-time highs set in the summer of 2020. Since the first news about COVID-19 broke in late 2019, gold has gained 20 per cent in value.
Since 2015, prices have doubled, meaning any gold you may possess will have been revalued to the upside in a dramatic fashion. After a rough few years owing to the pandemic, you might find it tricky to find anything that will have gained as much value over these years which compares to gold’s performance. Prices are attractive for selling opportunities, as a troy ounce can offer a price of almost £1,350 as of December 2021.
Cash for Your Gold has a gold scrap calculator, allowing for near-instant valuations of gold items. All you need to know is the weight and purity, and then you can feed it into the calculator. As of December 2021, just one gram of 9-carat gold could sell for £15.52, so all you have to do is imagine what a heavier item with a greater purity could be worth.
Selling at Christmas
By selling with Cash for Your Gold, you’ll be choosing a buyer which has been operating in the gold markets for many years, with plenty of experience to help you with your enquiry. If you wish to ensure a swift sale of scrap gold by year’s end, do make sure to get in touch with us, as our offices will be closed for the Christmas and New Year’s holiday. Please remember to fill our Seller’s Form, when you are ready to make a sale.
Gold comes in all shapes and sizes, but also in terms of purity. For example, we happily accept white and rose gold, both gold alloys, which still hold high value when it becomes time to sell. If you wish to avoid the long queues in the Post Office when dispatching your item, we suggest taking advantage of the Royal Mail’s collection service when mailing your item to Cash for Your Gold.
As COVID-19 cases remain high, mailing your item from the safety of your home minimises the risk of infection and offers a more convenient way to sell to us ahead of the festive holidays. For more information about selling with us, don’t hesitate to contact us today.