Cash For Gold Richmond Hill

Consumers looking for a way to make money from scraps of gold of no personal value will find there are plenty of options. Richmond Hill cash for gold shops are thin on the ground but Vaughan is nearby and the city center is close. It’s not hard to find a location; just a little daunting to conduct the transaction if this is your first time. Here is a look at what happens when you swap gold for cash.

What They Buy:

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    • 10097 Yonge Street, Unit 3, Richmond Hill, Ontario, L4C1T7
    • Gold
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    • #19, 13085 Yonge St., Richmond Hill, ON, L4E0K2
    • Gold
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    • 10355 Yonge Street Richmond Hill, Ontario, L4C 3C1
    • Gold
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    • 10355 Yonge Street ,Richmond Hill, Ontario, L4C3C1
    • Gold
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    • Unit#2 10341 Yonge St, Richmond Hill, ON, L4C3C1
    • Gold
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Sell Gold Richmond Hill, Ontario

Canadians have found the employment situation a little tough in recent years but can expect things to look up soon. In the meantime, what does the average person do when he needs a few hundred dollars? He can’t take out a loan: banks and lenders typically deal in much higher sums of money. If his credit is poor that makes securing a loan even harder. The rates for payday loans are dreadful. That leaves the option of selling personal belongings for cash.

It’s surprising how much money is scattered around people’s homes, unrecognizable because it is unwanted or broken. An example is gold jewelry. Perhaps the clasp is broken on a necklace and a bracelet is missing a few decorative charms. You wouldn’t want to wear these pieces, but they could be worth something from a different perspective. Collect enough bits of gold from around your home and you could make enough money to buy groceries that week.

The Value of Scrap Gold on Exchange

The value of gold is based on its weight and purity. Purity is measured in karats, 24k being 100% pure and 10k being just over 40% gold. Big-time investors buy pure gold bullion and keep it in a safe to cash in when they retire or use as currency when the economy collapses. They deal with tens of thousands of dollars worth of this precious metal. All you’re interested in is the value of gold you already own because your personal economy has hit a snag.

Take a chart provided by one of the gold exchange markets in Brampton, Ontario. They show a value of $15.75 per gram for 10k which rises by about $6 or $7 with every jump of about 4k in purity. The highest figure is $40 per gram for 24k or pure gold.

What Type of Gold to Sell

Shops which make these exchanges are not fussy about the type of gold you have to offer. It can be dentistry gold, an old ring, or a watch that doesn’t work anymore. Collect chains that don’t fasten, pendants you no longer like, and earrings with no pair. You could make $50 in a day or more. The bonus is you are making a straight exchange with none of the payments or commitments a loan would involve.

Where to sell gold in Richmond Hill?

Below are reputable companies in Richmond Hill where you can get cash for gold at a good price. We understand that this industry can be a little scary so we make it as easy as possible for you. Looking for other areas of Toronto? We’ve reviewed cash for gold companies in Markham and Brampton as well as where to sell gold in Toronto.

Let us know if you have any questions about the list of companies below and be sure to reach out and connect with them to shop for the best price.