Gold Price Reaches a New Record
14 September 2024 has gone down in history as an important day in the gold market. On this day, the price of gold reached an all-time high of USD 2,580 per ounce. This event is undoubtedly pleasing for both gold investors and sellers, who can now look forward to greater financial gains. There are several reasons for the rise in gold prices. Firstly, global economic turmoil and geopolitical strife often increase the demand for precious metals such as gold, which are considered a safe haven for investors. Secondly, global financial market volatility and fears of inflation can also contribute to the rise in gold prices.
Why has the Gold Price Risen?
Where to Sell Gold Most Expensive?
| # | Buyer | Purchase price | Comments | City |
|---|---|---|---|---|
| 1 |
 |
78.274
€
/g
|
24 Karat | Illinois, Des Plaines |
| 2 |
|
74.528
€
/g
|
23 Karat | Illinois, Des Plaines |
| 3 |
|
70.953
€
/g
|
22 Karat | Illinois, Des Plaines |
| 4 |
|
69.972
€
/g
|
21.6 Karat | Illinois, Des Plaines |
| 5 |
|
64.642
€
/g
|
24 karat | California, Pasadena |
| 6 |
|
63.783
€
/g
|
Gold Jewellery 24kt (99.9% pure gold) | Washington, Seattle |
| 7 |
|
62
€
/g
|
23 karat | California, Pasadena |
| 8 |
|
59.302
€
/g
|
22 karat | California, Pasadena |
| 9 |
|
58.585
€
/g
|
18 Karat | Illinois, Des Plaines |
| 10 |
|
57.189
€
/g
|
Gold Jewellery 22kt (91.6% pure gold) | Washington, Seattle |
| 11 |
|
56.613
€
/g
|
21 karat | California, Pasadena |
| 12 |
|
54.538
€
/g
|
Gold Jewellery 21kt (87.5% pure gold) | Washington, Seattle |
| 13 |
|
53.915
€
/g
|
20 karat | California, Pasadena |
| 14 |
|
51.236
€
/g
|
19 karat | California, Pasadena |
| 15 |
|
48
€
/g
|
16 Karat | Illinois, Des Plaines |
| 16 |
|
46.557
€
/g
|
Gold Jewellery 18kt (75.0% pure gold) | Washington, Seattle |
| 17 |
|
45.5
€
/g
|
18 karat | California, Pasadena |
| 18 |
|
45.142
€
/g
|
14 Karat | Illinois, Des Plaines |
| 19 |
|
42.991
€
/g
|
17 karat | California, Pasadena |
| 20 |
|
40.462
€
/g
|
16 karat | California, Pasadena |
| 21 |
|
38.075
€
/g
|
12 Karat | Illinois, Des Plaines |
| 22 |
|
37.934
€
/g
|
15 karat | California, Pasadena |
| 23 |
|
35.915
€
/g
|
Gold Jewellery 14kt (58.5% pure) | Washington, Seattle |
| 24 |
|
35.406
€
/g
|
14 karat | California, Pasadena |
| 25 |
|
32.877
€
/g
|
13 karat | California, Pasadena |
| 26 |
|
32.566
€
/g
|
10 Karat | Illinois, Des Plaines |
| 27 |
|
30.349
€
/g
|
12 karat | California, Pasadena |
| 28 |
|
27.811
€
/g
|
11 karat | California, Pasadena |
| 29 |
|
26.198
€
/g
|
8 Karat | Illinois, Des Plaines |
| 30 |
|
25.283
€
/g
|
10 karat | California, Pasadena |
| 31 |
|
25.274
€
/g
|
Gold Jewellery 10kt (41.7% pure gold) | Washington, Seattle |
| 32 |
|
22.755
€
/g
|
9 karat | California, Pasadena |
| 33 |
|
22.613
€
/g
|
Gold Jewellery 9kt (37.5% pure gold) | Washington, Seattle |
| 34 |
|
20.226
€
/g
|
8 karat | California, Pasadena |
| 35 |
|
17.698
€
/g
|
7 karat | California, Pasadena |
| 36 |
|
15.17
€
/g
|
6 karat | California, Pasadena |
| 37 |
|
|
Scrap gold 9ct | Texas, Houston |
| 38 |
|
|
Scrap gold 14ct | Texas, Houston |
| 39 |
|
|
Scrap gold 18ct | Texas, Houston |
| 40 |
|
|
Scrap gold 24ct | Texas, Houston |
Currency converter
Cash for gold is becoming an increasingly popular option to get extra cash from unwanted gold jewelry or other gold products. Today, the market is full of different gold buyers offering different prices and services. It is important to check with different gold buyers to get the best price for your gold products. Gold purchase prices can vary greatly depending on many factors, including geographic location, type of gold, market conditions, and quantity of gold. To sell gold at the best price, we recommend using a few tips:
Market research: First of all, it is advisable to conduct market research and compare prices between different gold purchase companies or other buyers. Different companies may have different prices and terms, so it is important to do a thorough analysis.
Negotiation: Most gold purchase companies allow price negotiation. This means that you can try to negotiate the purchase price of the gold and try to get the highest possible price.
Online: There are online sites where you can compare offers from different companies and find the best gold buying price for you.
Gold Exchange Prices: You can also track gold price changes on the exchange. Since the price of gold is based on supply and demand, watching the market movements can help you understand when is the best time to sell your gold.
It is also important to pay attention not only to the price, but also to other important conditions, such as the reputation of the gold buyer, reliability, customer service and other services that can be provided by gold buying companies. This will ensure that your transaction is reliable and smooth.
Gold Purchase Prices
Gold buying prices are a key factor to consider when planning to sell your gold products. These prices can vary greatly depending on the current market price of gold, the amount of gold, the type and quality of gold. The purchase price can also be affected by other factors, such as fluctuations in the global gold price or even competition among gold buyers. Before listing your gold products for purchase, it is important to check longer-term gold prices to learn about market trends.
Different companies can offer different prices for the same amount of gold. Therefore, it is important to do a thorough market research and check what the current gold buying offers are in different cities.
In summary
By doing the right market research, you can expect to get the best price for your gold products.
Changes in gold prices should be monitored and analyzed continuously, as this provides opportunities for both long-term and short-term investment planning. Forecasting the change in the price of gold is difficult because it depends on many variables, including the economic situation, the geopolitical situation, changes in the currency markets and many other factors.
Several factors are responsible for the recent upward trend in the price of gold. One of the main reasons is geopolitical tension. The increase in world political tension, especially in this recent international crisis, encourages investors to look for safer means of investment, among them gold. This leads to an increase in demand for gold, which in turn increases prices.
Rising gold prices open up new opportunities for investors. The rising price trend can be seen as a signal for those who are looking for diversification and want to protect their portfolio from the risk of economic instability. Investing in gold products or directly in gold itself can be one of the ways of safe investment