Selling Your Gold at Pawn Broker Bankstown

BANKSTOWN, Australia - Aug. 20, 2018 - PRLog -- Nowadays, purchasing and selling gold jewellery is very popular. The process of getting an instant cash loan is quick and simple at the pawn broker Bankstown.

Sometimes we find ourselves in need of urgent money and we have no place to look for. We certainly have gold jewellery that we do not use or do not even need at all. The advantage of the gold can be great if it is taken to a trusted pawn broker. He will determine the value of the gold and you will receive money for its sale.

It is important to note that the value of the gold varies day by day due to various factors. A war between two countries, natural disasters, supply and demand for gold and many other factors affect the price of gold itself. What does not change are the weight and the carat of the gold.

Measured in carats, gold jewellery has markings differing from 10k to 24k. 10k represents the lowest value of gold in jewellery and 24k means pure gold, which is rarely used for jewellery because of its softness. To strengthen the jewellery, a metal is added and thus you can find a gold ring with sealed 14k or 21k mark. To get the best price for your ring or earrings, visit several pawn shops and close a deal with the broker who will offer you the best price.

When determining the final price of the jewellery, the gold weight, which can be expressed in grams and pennyweight, also affects the price. On the website of the pawn broker Bankstown (http://www.cashinnrevesby.com.au/) you can find a calculator, allowing you to calculate the price if you know the weight and the carat of the gold. It is obvious you will receive more money from 21k ring than from 14k earrings. The purity of the gold is also calculated in the price. A 10k ring has 42% purity and the 22k ring has 92% purity. For example, you can sell your 18k yellow gold bangle/ring of 15.5 grams for $340. Or you can get $630 for your 22k yellow gold chain of 23.2 grams.

If you don't know how to recognize a reliable and trustworthy pawn broker, look for someone who has been in the pawnbroking industry for years. The best broker is having at least 20 years of experience with approving cash loans and gold sells. He needs to be helpful and answer all your sales issues. The pawn shop has to have a permanent and fixed location. Choose the one who will offer you the best possible value for your valuable gold.

Selling your gold jewellery at pawn broker Bankstown (http://www.cashinnrevesby.com.au/) is an easy-peasy job. Whether you want to sell or loan your gold, they will help you as promptly as possible.