Gold prices dropping so DO NOT SELL
Gold prices have been dropping dramatically and the result is that businesses that have been buying gold have either stopped buying or if they are buying they are paying ridiculously low prices because they are afraid that prices might drop dramatically as soon as they buy your gold.
The result is that some gold buying companies are making extremely low offers on gold.
Avoid selling.
Wait if you can before selling, and if you really need money now consider getting a short term emergency loan at a pawn shop with your gold as collateral. No credit check is needed.
Pawn shops are likely to give you 50% of the current value of your gold items as a loan. Obviously they can't lend you the full value because they need to protect themselves in case you don't pay them back and redeem the gold you pawn.
But borrowing money on your gold now just might make more sense then selling it.
Besides, when you borrow against it now, you could still have your gold for the future when prices might be higher again.
