How and When to Sell Gold
Published on 04/26/2018 by APMEX
If you have sizable Gold holdings, you may need to know what to do in the event you want or need to sell Gold. Also, where do you sell it? And is it a good time to sell?
APMEX provides resources for our customers to both buy and sell Precious Metals. We make it easy to sell your Gold, from locking in your price to getting paid. We are passionate about empowering our customers by providing them with the resources and knowledge to make the best investment decisions for their needs.
Selling at the right moment is an important part of maximizing your Gold investment. If you are facing an emergency, the immediate liquidity of Gold may be a comfort to you. There are several questions to consider: What should you look for in the market? How do you time a sale properly?
APMEX is here to help you. We have a competitive buying program and an excellent customer service record should you wish to sell. We are also committed to helping you make the best investment decisions for your needs. Selling Gold at the right moment is an important part of maximizing your Precious Metals investment and we at APMEX want to assist you.
Good Times to Sell Gold:
- When you have a specific plan for the cash, such as a down payment on a home.
- You are physically outgrowing your storage. Serious collectors or investors may need to trim their holdings to fit their space, as proper storage of Gold can in itself be an expense.
- You need to bring your Gold holdings to a specific number of items or ounces for the purposes of estate planning or similar.
When you have made up your mind to sell some of your Gold, watch the spot price for a bit. When you see a gentle upward trend evidencing growth, but not volatility, it may be time to sell.
APMEX recommends discussing the pros and cons of investing with a financial advisor or professional.