Getting the best gold prices can be a whole lot easier if you do a little bit of homework. Here are a few important points you should keep in mind, before you sell.

Right now, gold is a hot commodity. That may sound too simple, but it’s the first thing you should remember, if you’re looking to sell your gold.

The second thing you should remember is this: if you’re selling gold jewelry, your precious metal may be worth a whole lot more intact–just as it is–than it would be if you sold it as scrap gold. So don’t plan on selling your jewelry as “scrap” just yet.

Prices can be much higher for a piece of gold jewelry than they would for scrap gold. This depends on how well the jewelry is made, and on whether or not there are any stones (such as diamonds, rubies, emeralds, etc.) in the setting.

And any stones in the setting should be considered separate from the actual setting itself. Knowing this will help you to get the best gold prices, and the best prices for any stones, too.

When you’re talking with a gold buyer, be aware that you and the buyer have at least one thing in common: you’re both looking to get the best deal. If you’re in a hurry to sell your gold, most buyers can pick up on that right away. Remind yourself that, when it comes to price, gold buyers are looking to make a profit.

Our scrap gold prices calculator is designed to calculate gold price while keeping in mind that the buyer will be making a profit. This calculator automatically takes into consideration the average profit that the gold buyer will expect to make, and deducts that amount.

So, when you use this tool, the final value you see will give you an idea of how much money you can actually expect to put in your pocket.

Click here to use our gold value calculator, and to get an idea of what the best gold prices are if you sell your gold to a buyer today.