When to Sell Bullion and How to Go About it
You have invested in precious gold and silver bullion and have been holding onto it for many years now knowing you have a worthwhile investment that you can benefit financially from. When the time is right all you need to do is sell bullion and you can utilise the money you profit into other asset classes, or you can simply utilise that money to buy a new home. Since other assets are more tied in with the global economy, you will get more buying power when you go to sell your gold and silver bullion. But, when is the right time to sell your precious metal?
The right time to sell really depends on your circumstances.
If you have been aiming at getting the best possible price, it is advisable to sell after a while when the price has increased considerably. With fluctuating market prices however, this may take a while. If you are not in a hurry, you can wait
until market prices are at their optimum. This way you will get a much better
return on investment. However, if you are in need of a lot of money at a go it
is advisable to sell your bullion. It will help you at your time of need and most probably you will sell it at a price higher than the one you bought it at.
This is especially true if you sell bullion to genuine buyers like us.
When typically, are gold and silver bullion markets at their high? Gold and silver bullion usually rise when the economy goes sour. This is great news for you because while stocks and real estate are plunging your bullion holdings will be rising. This might be that opportunity you were waiting for to invest in other asset classes or buy that dream home of yours.
No matter what reason it is that is making you sell bullion, we believe that any time is a good time to sell. That is why we are always ready to buy. The entire process is simple and seamless and you will have money in your hands instantly.
The first step is to talk to us. You can do this through our website or give us a call. Our customer support staff are always at your service and will help guide you through the selling process and answer any queries you may have. Request for a quote that you are likely to be paid for the bullion you are selling. This will depend on the current market price of the metal it is made of and how much it is that you have.
The next step is to physically bring the bullion to our physical address. We have to see it and determine its quality and weight among other traits. These are very important in determining if we can resale it and at what price we can do so. When bringing the bullion from your storage, ensure that it is secure and you can bring it safely.
When you bring the bullion for sale to us we will have a look at it and put it through a few simple tests. We will then inform you of the final price we are willing to pay for it and start processing the payment as soon as we agree. This may be slightly different from the initial quote depending on how accurate you were at describing the bullion and the difference in spot price between when you phoned and when you visit. However, regardless of the difference in spot price we do promise to offer you the best rates in the market.
When you want to sell bullion, we are the people to talk to.