Jan 10, 2012 6:47 am
If you were looking to sell gold in NYC there may be no better time than right now. Chances are you have been sitting on that stock of unworn jewelry or that coin collection you just did not know what to do with hoping that the booming gold market of early 2011 would rebound. Things do not seem to be pointing that way at the moment however.
This of course is not a given, surprising booms have happened in the gold market before and will surely occur again but the immediate future looks to have a lower price. That said selling gold NYC is still a great way to get cash now and begin covering some of those splurges on gifts and parties that the holidays in December always necessitate. Covering costs sooner rather than later can avoid interest payments that your credit lenders will begin to charge on all of those purchases as the months begin to pass.
As the dollar gets stronger demand for gold goes down but luckily it never goes away. Instead you simply fall back into a place where selling gold can net you a solid pay day to help you deal with your financial needs.