In recent months, the price of gold has skyrocketed. More and more, people are taking advantage of the increased value of gold to get a quick cash infusion. There are a lot of options for selling gold jewelry these days, however, and there are a few things you should know about the gold-buying process. Ralph Mueller & Associates offers the following tips for getting the most money for your gold jewelry:

• Do Your Research: You should acquaint yourself with the latest trends regarding the price of gold per troy ounce. Troy ounce is a unit of measurement used to weigh precious metals and gemstones. As troy ounce will dictate the price of gold, it will give you a good idea of the relative value of of your jewelry. When you are given quotes for your gold, you can choose which price suits you best based on this research. Remember that you will receive less than the actual value per troy ounce because the buyer must reshape gold or resell the gold, but you should be sure the price you are quoted is not very, very low in comparison.

• Avoid Pawn Shops:  Never, ever sell your gold jewelry to pawn shops, which will buy your gold for only a fraction of what it is actually worth. You should select reputable gold buyers that have a history of excellence in the jewelry buying business. You will receive a higher price, and better service, from more established jewelry buyers.    

• Choose a Good Location:  The location of a jewelry buyer is very, very important to ensure your safety and the safety of your valuables. Select a gold buyer in a safe neighborhood that has a good security system, including closed circuit cameras.

• Don't Be Pressured to Sell:  It is your right not to sell your gold in case you think you are not getting the best value for your jewelry. If you are selling by mail, always ask for information regarding the company's return policy and your right to refuse to sell your jewelry once it is appraised. A reputable company will provide several options for returning your gold at little to no cost to you if you refuse to sell.  

• Don't Forget the Stones:  If your gold jewelry is fitted with precious stones, you should make sure you are receiving fair compensation for those gems. There are companies out there that will dispose of your precious stones and will not reimburse you for their value. Be sure to choose a jewelry buyer that will compensate you for the value of your precious stones, as well.

Follow these tips, and you are sure to get the best price for your gold jewelry. If you are considering selling gold jewelry in Arizona or anywhere in the U.S., you will receive the best value for your gold at Ralph Mueller & Associates. Our expert gemologists will provide an honest appraisal of your gold and precious stones and treat you with professionalism, courtesy and respect. We are an established company that has been in the gold-buying trade for over 28 years. Contact us to learn more about how to sell gold jewelry for top dollar in Arizona.