You can go to the local gold shop or jewelry store. These stores generally recycle gold ornaments and calculate the recycling price according to the gold price of the day. The advantage of this way is that it is very convenient, and many people will choose this way. But the disadvantage of this method is that the recycling price may not be the highest, because the store needs to earn some difference from it.
You can choose an online gold recycling platform. These platforms usually offer higher recycling prices, because they can run national businesses and make greater profits. However, it should be noted that when choosing this method, you must choose a formal platform to avoid being deceived by scammers.
You can choose an auction house. Many times, the value of gold jewelry may be much higher than the gold price of the day. If you are not sure about the value of your gold jewelry, you can choose an auction house and let a professional appraiser evaluate your gold jewelry. If the evaluation result is high, you can choose to put the gold ornaments in the auction house for auction. The advantage of this way is that you can get a higher recovery price. But the disadvantage is that it takes more time and energy and needs to pay the commission of the auction house.
Matters needing attention in gold recovery
Stealing gold in the name of fire inspection. When gold is recycled, the authenticity of gold is generally tested. Nowadays, the popular practice in the market is to use fire, but some unscrupulous merchants will add special materials to the fire-breathing fuel. Burning gold will get some gold powder. When these gold powders are caught, the merchants will refuse the goods under various excuses.
Stealing gold in the name of cleanliness. Some merchants will attract customers to bring gold ornaments at high prices, and then say that they need to be cleaned, so that the weight of gold ornaments will drop by two or three grams. Therefore, when choosing a gold recycling manufacturer, we must choose a regular manufacturer to ensure that our legitimate rights and interests are not infringed. We must pay attention to the weight, purity and recent price of our gold, and don't let unscrupulous merchants take advantage of it.