Although the value of gold recently took a dip, that comes at the tail end of a long surge that boosted values to historic highs of over $5,000 an ounce. And J.P. Morgan believes prices could rise even more over the course of the year, stating in a recent note to investors, “We remain firmly bullish on gold in 2026, and recently raised our outlook to a range of $6,000 to $6,300 per ounce.”
You don’t need gold bars or investment-grade coins to benefit from rising gold prices. Everyday jewelry can be worth significantly more than many people realize, so if you have any you no longer wear, now is a smart time to sell it.
GOBankingRates recently spoke with Nikki Swies, chief revenue officer at EZCORP, parent company of Max Pawn Luxury, about why now is a great time to cash in on gold’s surging value.
Why Now May Be a Smart Time To Sell Unwanted Gold Jewelry
Gold prices are near historic highs, which means sellers can get significantly more for their jewelry, coins or bullion than in previous years. At pawn stores, we’re seeing more customers selling all kinds of gold pieces to capitalize on the current market.
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Which Types of Gold Jewelry Typically Sell for More
When it comes to value, two things matter most: purity and weight. Higher-karat gold commands a higher selling price because it contains more pure gold per gram. Weight matters too: Heavier pieces naturally contain more gold overall. The good news is that any gold jewelry has value, but pieces with higher karat and weight tend to fetch higher prices.
Should You Sell Gold Now or Wait? What To Consider
Gold prices fluctuate based on many factors we can’t predict. If you’re deciding whether to sell your gold now or hold onto it, here’s what to consider: Selling today locks in these record-high prices. Holding means you could potentially see even higher prices down the road, but there’s also the chance prices could drop. It really comes down to whether you want the return now or are comfortable taking on some market risk for possible future gains.
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This article originally appeared on GOBankingRates.com: I’m a Luxury Pawn Expert: Here’s How To Cash In on Gold’s Surging Value
