How Much Do Check Cashing Stores Pay for Gold Per Gram?

Before thinking to sell my gold, there are three main elements you should check: the purity of the gold, the weight of your gold jewelry, and the prevailing gold price.

To get the best price for your gold jewelry, look for a good, reputable check cashing store in Pompano Beach, FL.

If you are already informed of the details on the karat weight of your jewelry along with the existing worth, you can easily determine a fair price for the same.

When selling your gold, be aware of those who promise speedy cash, but the best advice is to go to a check cashing store with a good reputation, as shown by online reviews.

Are you seeking a quick way to get rid of your gold? There are three fundamental criteria to consider when determining the market price and how much check cashing establishments pay for gold per gram:

  • The purity of the gold
  • The weight of your gold jewelry
  • The existing price of gold

Many check cashing stores claim that we buy gold but don’t sell to the first one who offers to purchase. To get the best price for your gold jewelry, look for a reliable, reputable check cashing store.

How to Assess the Value of Your Gold?

Anything less than 99.99 percent is an alloy of platinum, silver, or copper with other metals. Because pure 24 karat gold is too soft to be used as jewelry, this fact alone makes those less than 24 percent more suited for jewelry.

So take a close look at the inscriptions on your gold jewelry. A 10 karat gold piece is 41.7 percent pure gold, a 14 karat piece is 58.5 percent pure gold, an 18-carat piece is 75 percent pure gold, and a 24 karat piece is 99.9 percent pure gold.

Keep in mind that this is just one of several elements to consider when determining the worth of your gold when selling it, including the current gold price and the weight of your gold in grams. If you have a diamond in your gold jewelry, the check cashing store will value it individually.

Your Gold Piece’s Weight

This is rather simple; you simply need to weigh your gold jewelry, assuming it is pure gold with no other embellishments. A jewelry scale can be used to determine this because it weighs to the tenth of a gram and is thus the most accurate.

What is the Most Efficient Method of Selling Gold?

Look for a check cashing store with decades of experience and service to receive the greatest deal. Check out Google reviews and ask your friends and family for advice. Selling to an established check cashing establishment is always a good decision because such a store has survived due to sound business methods.

Get in touch with one of the trustworthy check cashing stores and sell your gold at the best prices possible according to the current market price.