At GoldIntoMoney.com, we are always looking to improve the gold, silver, and platinum selling experience. Today, we have launched our Scrap gold, silver, and platinum Cash Calculator

With this price calculator, you can estimate the amount of cash you can earn when you sell scrap, broken, or unused jewelry. Simply input the type of gold, silver, or platinum you have, and the amount along with the corresponding unit. Hit the Submit button and you will see an instant estimate!

The prices change frequently, so this tool is invaluable to anyone looking to sell their old and unused jewelry online. For example, at the time of writing this, we can estimate that we could get paid $98.77 for 10 grams of 24K gold.

This calculator is for estimation purposes only! We make no guarantee that you will receive less, more, or equal to the amounts displayed by this calculator.

The price of gold has reached an all time high of $1000 per ounce. With recession fears growing, many people need money to pay the bills. Right now, there’s probably no better way to get quick cash then to sell your broken and unused gold. Check out your jewelry boxes and look for gold jewelry that you no longer wear. That can include things like single earring pieces, broken chains, and gold jewelry you no longer wear that has gone out of style. With only a few pieces, you could make yourself well over a few hundred bucks very quickly!

But are you selling your gold to a pawn shop or jeweler? If you are, you should consider requesting a gold kit today directly from a gold refiner. Why? Pawn shops are known to give you rock bottom payouts for your items, and jewelers are known to skim a little off the top for the same exact service. Your scrap gold and jewelry will end up in the hands of the refiners anyway, so why pay the middleman?

Rocket Pawn and Jewelry Owner Cynthia Beavers says customers are coming in droves to trade in their old gold for cash. “Just scrap gold chains, necklaces, rings - they’re just cleaning out their jewelry boxes,” she says. News of the price increase of gold is all over town. Pawn shops are seeing people bring in broken jewelry, old wedding rings, and even gifts from ex significant others.

Source: It’s Worth It’s Weight

Looking to sell your old gold and jewelry? It might be a smart play to wait until next week when gold prices are estimated to hit new highs. You can still a free gold kit if you anticipate selling your old gold and jewelry.

SILVER and GOLD PRICES are blasting the hair off our heads, and it’s not over yet. Meanwhile, the dollar looks like squash on a dead vine. Stocks don’t look much better.

It’s obvious that SILVER & GOLD PRICES are in the last stages of their rally because they are moving straight up every day by leaps & bounds. The SILVER PRICE cleared the $17s in nine days, the $18s in three days, and after two days is 3/4 of the way through the $19s.

Source: Gold Price Could Hit $1000 Next Week

The gold coin is a tried and true answer for economic prosperity. From the Greeks to the Romans to the Middle Ages, gold was used to back governments because of its rarity. When societies base their currencies on “reputation,” also know as fiat currency, prosperous civilizations have fallen. American currency is backed by its government edict, claiming sound money that has no real value, no more than the paper it is written on. During the troubling times of the past few years, it is wise for Americans to invest in gold coins for the long haul.

For many millenniums, gold has proven a worthy backing for sound currency. Fiat currency proves to be very volatile, and is impossible to sustain in the long run. That’s why its wise for people to invest in gold bullion and coins. It preserves purchasing power as fiat currency fluctuates, and gold protects wealth. Buying gold coins is a convenient mans for profit potential and wealth protection. Gold coins can typically be 1-5% more valuable than bullion because of production and marketing costs.

You can sell your scrap gold for money and reinvest it into gold coins and bullion through a provider such as Monex. Monex is America’s premium gold coin dealer.

Understanding gold karats and color

Gold is one of the most precious metals in the world. It has been used in jewelry making for several thousand years because of its high value and high malleability (ability to mold and bend into shapes). Gold doesn’t fade, rust, or corrode, and has a high resistance to tarnishing. Its luster makes it the most important metal in jewelry making.

How is gold purity measured?

Gold purity is measured in Karats, or for European measurement, in fineness. To understand Karats, you must know that gold can be alloyed with other metals. There are numerous reasons for alloying, whether its to make the gold stronger, or getting more metal to work with while using less gold (which is more expensive than most metals). Nothing less than 10-karat gold can be legally marked or sold as gold in the United States.

Pure gold is 24K(arat). Lower karats will tell you the percentage of pure gold used in the piece of jewelry. It’s simple math really. 18 K gold, divided by the 24 K (pure gold), is 75% pure gold. (18/24 = 75%). Use the chart below.

How do other metals change the color of gold?

Alloying gold with other metals has different effects, depending on the types of metals used. Alloying can strengthen the gold for jewelry, as well as change the color of it. The amount of color change will depend on the amount of other metals used in alloying.

• Yellow Gold - comes from alloying with Copper and Silver
• White Gold - comes from alloying with Nickel, Zinc, and Copper
• Green Gold - comes from alloying with Silver, Zinc, and Copper
• Rose Gold - comes from alloying with Copper and Silver

Amid uncertainty in the US Dollar, central banks around the world will cut borrowing costs, boosting the appeal of precious metals such as gold. Now has never been a better time to sell your unused gold and jewelry for cash, no matter where you are in the world.

“You’re going to see central banks start to cut rates,” said Nick Ruggiero, a trader at Eagle Futures Inc. in New York. “Gold will stay very strong.”

Gold futures for April delivery rose $5, or 0.6 percent, to $910 an ounce on the Comex division of the New York Mercantile Exchange. The price earlier touched $915.20.

Silver futures for March delivery gained 22.5 cents, or 1.4 percent, to $16.775 an ounce. The metal has climbed 12 percent this year.

Gold has rallied 26 percent since Sept. 18, when the Fed began cutting rates because a housing slump and losses in the subprime mortgage market threatened to push the economy into a recession. The fed funds rate is now at 3 percent, down from 5.25 percent in early September.

Source: Bloomberg

Cash4Gold.com is one of the more popular online websites that let you sell your gold, silver, and other broken jewelry for cash. They have a lot of marketing going on TV, so if you watch late night television you’ve probably seen their commercials. If you’re a Sirius and XM listener, you’ve more than likely heard one of their commercials.

What is Cash4Gold.com? Cash4Gold allows consumers to turn their unwanted, broken and outdated precious metals into immediate cash without the involvement of a middleman. Cash 4 Gold is discreet, quick and provides consumers the highest payout available. Cash4Gold is actually a refiner. You request a Free “PAK” to be sent to your home. You put all of your old gold and unwanted jewelry in the PAK and send it off. They will weight the materials and send you a check based on market prices. The price they pay for gold is updated almost daily, so you will always get fair payment for your gold. You can track your PAK through their website, so you will know where your order stands at all times.

Cash4Gold.com guarantees no fees, and no hidden costs. They also claim that you will get 5% more cash than their largest competitor. Cash4Gold.com is listed as #129 on Inc 500 fastest growing companies in America, as well as Entrepreneur Magazine’s Hot 500.
Cash4Gold.com’s website states it will accept the following things: Chains, Jewelry, Class Rings, Earrings, Dental Gold, Old Rings, Gold Watches, Charms, Wire
Bracelets, Necklaces, Loose Stones, Gold Partials, Mountings, Tangled Gold Chains, Bent or Broken Jewelry, Jewelry with Removed Stones, Unmatched Gold Earrings - Gold Pins/Brooches, 10k, 14k, 16k, 18k, 22k, 24k Scrap Gold and More.

Overall, Cash4Gold is a great company for selling your old gold and jewelry. Their refiner’s Pak is free, so it’s no loss to you to request one.

If you’re apprehensive about selling your gold and jewelry online, there has never been a better time to do it than now. Gold prices are skyrocketing among economic uncertainty, so the cash you receive for selling your gold and jewelry online will be at its maximum than any other time in recent memory. Experts say that gold will return to normal prices at the end of this year as the price of gold returns to normal rates.

Gold prices continued to skyrocket Thursday, reaching another all-time high on the falling U.S. dollar, supply concerns and high world-wide demand.

Gold futures have risen more than 42% since August. In early January, they surpassed the previous all-time high of $847 an ounce - a record that dated back 28 years.

Nadler believes that gold is selling with a $200 “anxiety premium,” amid the credit crunch, but he expects to see a price correction as the effects of the rate cuts boost the economy in the latter half of 2008.

“When we reach a return to normalcy, we will see gold trading in the mid-$600 range,” said Nadler.

Source - CNN Money 1/30/2008

Is the company an actual metal refiner, or just a pawn shop in disguise?

The websites out there that let you sell your gold for money, such as the ones listed in our directory, should be actual refiners of precious metals. Other websites, while they appear trustworthy, can be pawn shops in disguise. Online pawn shops may require personal financial information, putting you at risk of identity theft. They also lower the amount of money you can make for your unused gold and jewelry by adding a middleman. When you sell your gold, silver, and jewelry directly to the refiner, you are getting the best, most up-to-date rates on the market.

Does the company free, secure and insured shipping packages?

If the company you want to work with does not send you a Free Package for you to send off your unwanted gold and jewelry, then they are probably not too serious about doing business with you. And not a blank envelope, either. The package should be secured, have tracking information, and be insured. The top providers of cash for gold services offer tough, secure packages for free. Anyone else is just imitation.

How good is the company’s customer service?

The company you want to work with should have a phone number clearly on the website for any questions you may have. Read their testimonials to make sure people are satisfied with their service. An added bonus is Spanish speaking phone support.

Is the company’s privacy policy monitored by a third-party company?

If you look at any established company today, its privacy policy is reviewed and monitored by another company, such as TRUSTe. TRUSTe, and other privacy policy monitoring companies check to see if a websites privacy policy is in compliance with government and industry guidelines concerning the use of the customer’s personal information.

Does the company offer a return policy if you are unsatisfied?

Selling your gold and unwanted jewelry for cash online sounds riskier than going to a pawn shop in town, but it’s actually the opposite. When you work with a metal refiner directly online, they will offer to return your jewelry within 10 days or so if you are unsatisfied with the amount they have paid you. If the company does not offer this, then you should not deal with them because you have no guarantee of getting your jewelry back if you’re not happy with the amount they have sent you.

How is the purity of gold measured?

The purity of gold is measured using the karat system of measurement. Gold is usually mixed, or alloyed, with other metals, such as copper or nickel. This makes the gold more durable for jewelry use by hardening the gold. Gold in its purest form is 24 Karats, which is the highest purity measurement for gold. Most of the jewelry in the United States is sold in either 18KT, 14KT or 10KT purity. Gold sold in lower Karats means that the gold has been mixed with other metals, such as copper or nickel.
For example, 18KT gold jewelry is about 75% pure, meaning 75% of the piece is pure gold, and the rest is another metal allow. All companies pay based on the karat purity weight of the gold.

What is the difference between sterling silver and pure silver?

Sterling is usually alloyed (mixed) with another metal, such as nickel or zinc to harden the silver, and is typical for everyday use, such as jewelry or flatware. Most sterling silver is 92.5% pure silver, while pure silver is anywhere from 99.5% or 99.9% pure. All companies pay based on the silver purity and weight of the silver item. Many pieces of sterling silver jewelry will contain a ‘925’ marking.

What are platinum and palladium?

Platinum is an extremely rare metal Retailers claim supply estimates of this fine metal, being 30 times rarer than gold, that if all the world’s platinum reservoirs were poured into one Olympic size swimming pool, it would be scarcely deep enough to cover your ankles; whereas gold would fill more than three such pools. Platinum and palladium are part of the platinum precious metals group. They are considered to be precious metals, based on their rarity. Both are considered hard precious metals, so they are usually only alloyed 5-10%. Both metals are also naturally white in appearance. Jewelry made in platinum will be hallmarked with ‘PLAT’ or ‘PLT’ or ‘950′. Palladium jewelry is usually hallmarked ‘PLD’ or ‘PALL’.