For generations, gold has been viewed as a safe investment in times of economic or political uncertainty. Following the UK’s decision to leave the EU, the price of gold shot up to record levels. As financial markets have adjusted to the implications of Brexit, they have also recovered remarkably well.
Post-Brexit, we have seen the price of gold levelling off at near record highs. As global financial markets continue to boom beyond pre-Brexit levels, we could well be at the peak of the latest gold price boom, so now could be the best time to sell your gold and cash in.
Should I Wait to See If the Value of Gold Will Increase?
While it’s tempting to hold off and see how high the price of gold can go, you do run the risk of waiting too long and losing your opportunity to sell at the best price.
After the recent gold boom, there’s been much speculation about whether the price of gold will fall, and with global asset markets booming, it’s looking increasingly likely.
There is a strong case for selling your gold now at the peak of the boom rather than holding on too long and losing out. Freeing up the cash in your unwanted gold is a good way to get some extra money in, and the current high prices may not be around much longer.
Gold has been a reliable store of wealth for centuries, but it can still be affected by market volatility. Of course, you want to sell your gold at the highest possible price. With the price of gold currently booming, there is an opportunity to cash in at a great price now..
Thousands of people in the UK have unwanted or broken jewellery lying around their homes. With many people unaware of its potential value, it is likely that the spare gold jewellery you have tucked away is worth a significant amount. Our customers are often amazed when we tell them what their unwanted gold is worth, so why not get your scrap gold valued?
Although gold is at record highs, other precious metals such as silver, platinum, and palladium are also seeing significant price increases. Silver, in particular, has gone up in value dramatically since Brexit, and both platinum and palladium are also steadily increasing in value over time. If you have any precious metals that you don’t want or use, it’s well worth getting an evaluation. Your hoard could well be worth more than you think.
If you are looking to sell scrap gold to free up some extra cash, we offer a safe and secure way of cashing in on your gold and other precious metals.
We buy gold, silver, platinum, and palladium, and we even pay more for jewellery in good condition. With free postage, no obligation to sell even after you’ve sent your items in, and with some of the best prices available, you’ll get the most for your unwanted jewellery with Post My Gold!
Looking to sell your gold? Get in touch with us and order your free gold pack today.