Coronavirus Rally Makes 2020 the Ideal Time to Sell

Few could have predicted how 2020 would play out – a pandemic spreading to each corner of the globe, causing stock markets to fall with record speed. Fortunately for gold, this is the precise time for prices to be rising, so if you have the smallest bit of gold, it might be time to consider selling it.

Cash for Your Gold is well-positioned to facilitate such a sale – whether you wish to simply sell scrap gold or wish for an item to be recycled in some way, we’ll be happy to help, in this turbulent time.

COVID-19 continues to rattle markets

At the last estimate, there are over 25,150 cases of COVID-19 in the UK (as of 31st March), having effectively doubled in less than a week.

Assets such as stocks and shares can’t thrive in an atmosphere of economic uncertainty, as people stay indoors and avoid spending time outside the home. If you find yourself spending more time around the house, it might be time to re-examine any pieces of scrap gold lying around, as they could now be worth a great deal.

Cash for Your Gold has paid out over £30 million over the years, thanks to sales of scrap gold. Just one gram of 9-carat gold could yield a price of as much as £15 – imagine what an even larger item at a higher purity could yield.

Recycling your scrap gold

One of the issues with jewellery is that it is not free from VAT – investment gold, on the other hand, is VAT free. To realise the full value of a gold item, you may sell it to us, and we can explain how to reinvest the proceeds into a gold bar or coin through our sister site

The choice is yours – if you wish to get a valuation on your gold items, you don’t even have to send them to us just yet. Our Gold Scrap Calculator can give you a free valuation from the comfort of your own home. All you need to know is the weight in grams as well as a rough idea of the item’s carat or purity.

Cash for Your Gold invites you to get in touch, if you wish to realise the value of any scrap gold items you find around the house. There’s never been a better time to do so, as prices remain close to record highs, especially as COVID-19 continues to cause investors to pull away from the stock market and into safe havens such as gold.

Call us on 01902 623 253 if you would like to make an enquiry about a possible sale soon.