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Originally Posted On: https://thealloymarket.com/is-now-a-good-time-to-sell-gold/
With gold reaching unprecedented levels, U.S. households across the country may be sitting on more value than they think. You might be asking yourself, “Is now a good time to sell gold?” The short answer is yes.
Gold hit an all-time high of $4,400 in October 2025 and, in the same month, had its sharpest decline, dropping 6% to about $4,120, according to Investopedia. Despite the drop, it’s still trading at levels never before seen, creating a lucrative opportunity for potential sellers.
Is Now the Best Time to Sell?
Whether you’re bullish on gold or considering investing in or selling it, it’s a personal opinion. What you can count on is the fact that gold prices have never been higher. So if you’re considering selling now, you will get some of the best payouts vs if you had sold in previous years.
Should You Wait to Sell in Case Prices Go Up?
Current market conditions are uncertain, and prices could rise or fall. It’s hard to predict the market. You may not want to sell an item if it has sentimental value or is a rare collectible that could appreciate over time.
There are many gold items in your household that you might not be aware of that hold value, making them an easy way to cash in on the action. For example, old dental gold items, class rings, broken chains, or earrings with a missing pair can fetch up to a couple of hundred dollars each, depending on their size and purity, due to the high price of gold.
Even if you are looking to sell gold chains that are dainty, tangled, or broken, they might be worth more than you think. If you choose to sell now, you can rest assured that you are selling at a good time if you find a trusted buyer.
Will Gold Prices Continue to Rise?
There are a variety of reasons that gold is rising, including economic and political issues. There is a good chance that gold will continue to rise. So choosing to hold or sell is a personal choice.
Selling old jewelry you no longer wear can be a great way to earn some extra cash. If you are bullish on gold, you could always sell your lower-karat items to buy investor-grade gold bullion, such as gold coins or bars. This strategy can be a great way to secure higher payouts, as investment-grade gold typically fetches higher payouts due to its demand and purity.
What Is the Best Place to Sell My Items?
Depending on the items you have to sell, how much effort you are willing to put in, and how quickly you want to get paid, your options will vary.
For higher-end items:
If you are not in a rush and have name-brand designer items, platforms such as The RealReal, Fashionphile, or Vestiaire Collective might be a good option.
These platforms offer different levels of services and deal exclusively in designer goods. For the white-glove treatment, The RealReal handles the entire process, while Vestiaire Collective is a more DIY-style platform, which also offers VIP concierge service. The downside is that selling items can take a while, and the fees and commissions that they charge can be hefty.
For items with large diamonds:
Platforms like the ones mentioned above work well, but other companies, such as Worthy or Circa, might work better as they specialize in those types of items. Selling speed varies by the platform.
For coins and bullion:
Local numismatic shops are usually a good bet and offer competitive prices. They are direct buyers, which means you can get paid the same day. Just make sure to read reviews beforehand to ensure you are working with a trusted buyer.
For getting the most for your items:
To get the most value, you will want to sell peer-to-peer on platforms like eBay. The downside is that it can take a while to sell, you have to respond to prospective buyers, deal with possible returns, listings, commissions, etc.. It’s a great way to get the most value, but it does require the most time.
For regular gold items:
You will want to find a trusted gold buyer. Pawn shops typically pay the least, so we only recommend them as a last resort if you need cash the same day. Local and online gold buyer payout rates vary wildly, so you will want to do your research to find the most trusted gold buyer possible to sell your items to.
How Do I Find a Trusted Gold Buyer for My Items?
Finding a trustworthy gold buyer can be tricky, as bad actors unfortunately plague the industry. Following the tips below can help in finding a trusted gold buyer:
- Ask friends and family for recommendations. If they have a trusted buyer, that might be a good place to start.
- As mentioned previously, if you are looking to sell gold bars or sell gold coins, local buyers such as numismatic or bullion shops typically offer reasonable rates.
- Read online reviews that their customers genuinely write. Try to spot reviews that seem too similar or AI-written, which could be a red flag.
- If choosing an online company, work with one that offers upfront estimates upon request. Even better, try to find a company that provides self-service tools to get estimates, such as a cash-for-gold calculator.
- All companies should be able to tell you a minimum payout that they offer based on the market price; if not, that could be a red flag.
- If you can’t figure out who is behind the company, that is a red flag.
- If dealing with an online buyer, reputable buyers will have a physical address listed, not a P.O. box. It’s a good sign if they allow you to visit their physical address as well.
- Ask whether you will receive an itemized offer so you know what the company is willing to pay for each piece, not just a lump sum.
Recommended Gold Buyer
If you want to save some time and hassle, consider working with The Alloy Market. A nationally recognized precious metal buyer recommended by the likes of CBS, Yahoo, U.S. News & World Report, and many more. Unlike most gold buyers, Alloy offers minimum payouts and even provides upfront estimates.
Alloy clients boast a high satisfaction rating, and their team built the company with the mission of bringing trust and transparency to an industry that clearly needed it.
You can request a free Alloy Kit to get a professional evaluation and purchase offer for your precious metal items. If you’re close to their headquarters in Newtown, PA, you can get an in-person evaluation by scheduling an appointment.
Final Thoughts: Selling Gold in 2025
With gold prices at historic highs, there’s rarely been a better time to turn old or unused jewelry, coins, or bullion into cash. Whether you choose to hold out for potential future gains or sell now to lock in value, it’s essential to make an informed decision and work with a trusted buyer who prioritizes transparency and fairness.
Selling gold doesn’t have to be complicated or risky. With today’s record prices and reputable online buyers, such as The Alloy Market, it can be one of the simplest ways to put extra cash in your pocket while prices remain high.