Hello!
Today we are going to talk about a very interesting subject that can make a difference in your pocket: having gold saved! Yes, that treasure that has been sitting at the bottom of your drawer or in your jewelry box and that you barely remember exists.
Together we will discover why having gold saved is, in fact, having money sitting idle and how you can easily transform it into something more useful and profitable.

Why is unused gold sitting money?

Let's cut to the chase: when you store gold, it doesn't really do anything other than take up space.
Of course, it may have sentimental value for you, but from a financial point of view, it is there, sitting still, without generating any type of income. Imagine that that old necklace from your grandmother or that ring that he hasn't worn in years could be converted into cash, which he could invest in more modern jewelry or money to use as he pleases!

 

Understanding the Value of Gold

Gold has always had a high and stable value over time. Very different from other investments that can vary greatly, gold tends to maintain its value and even increase. So, if you have gold saved, know that you are "sitting" on a small fortune! But, on the other hand, why leave it idle when you can put it to good use?

Advantages of selling your Gold

1. Cash in your Hands

When you sell your unused gold, you transform a piece that was sitting idle into money. Who doesn't like earning extra income, right? It can be used to pay bills, to invest, to travel or to buy something you really want and think you don't have the budget for.

2. Invest in New Projects

With the money from the sale of your gold sitting idle, you can invest in projects that have a greater potential for return, such as your own business, courses or workshops for personal or career development or even investing in shares. Each person has their own dreams and goals, and that extra money could be the kick-start you really needed.

3. Renew your Jewelry Collection

Let's be honest: fashion changes and so do our tastes. That ring that was super trendy in the 90s may no longer be your style. By selling antique gold pieces, you can use the money to buy more modern pieces that match your current taste.

4. Contribute to the Circular Economy

By selling and buying used gold, you are contributing to the circular economy and the sustainability of the planet. Have you ever thought about it? This means less gold needs to be mined, which is great for the environment. Every gram of reused gold is one more step towards a more sustainable world.

Unused gold is money sitting still

How to Sell Your Gold?

Assess the Value 

The first step is to know how much your gold is worth. There are several stores and jewelry stores like Lusijoia that carry out this assessment for free. It is important to take into account the weight, purity and condition of the piece, as well as the daily gold price at that time.

Choose a Reliable Buyer

Look for reliable physical stores or gold buying and selling platforms. Read reviews, research and choose a place that offers a good price and is transparent in the process. Always choose Appraisers Certified by INCM.

Negotiate the Best Price

Don't accept the first offer if you don't think it's fair. Negotiate and see if you can get a better value for your gold. Remember that it is a commercial transaction, so it is worth trying to maximize your profit.

Make the Sale

After finding the best buyer and negotiating the price, it's time to sell. Make sure the entire transaction is secure and that you receive the agreed amount.

Unused gold is money sitting still

Tips for Investing Money

Now that you've turned your saved gold into cash, here are some ideas on how you can invest that unexpected cash.

Savings or Investment 

Put the money in savings or low-risk investments. This will ensure that you have a safe and constant return.

Education 

Invest in courses or training that can help you grow professionally. Knowledge is one of the best investments you can make!

Experiences 

Use the money to live unforgettable experiences, like a trip or a course in something you've always wanted to learn.

Enterprises

If you have an entrepreneurial spirit, use the money to open your own business. It’s a way to multiply the value and make a personal dream come true.

 

Conclusion

Do you agree with us that saved gold is, in fact, idle money?
So, how about taking a look at that drawer, jewelry box or safe and thinking about how you can transform those stopped, separated or broken pieces into something that really makes a difference in your life?
Whether you want to invest, renew your jewelry collection or make a dream come true, selling your gold can be the key to a more prosperous and fulfilling future.
So, don't waste time! Evaluate, sell and enjoy!
Your financial future may be very grateful for this decision.

Come and see our stores or contact us by phone, whatsapp or email and you will have an evaluation of your jewelry from us, completely without obligation and in a transparent and confidential manner.