ThinkHard
Former Member
- Joined
- Feb 3, 2013
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Let me reassure you that there is no way in the WORLD that ANYONE would get $150 for a 14 karat gold chain necklace in resale.
No............way.
If that gold chain weighed .25 tro ounces they would.
Was this always the case...NO....will this always be the case....NO.....
But the price of gold has absolutely SKYROCKETED in the past few years. So in today's market absolutely they would. They would in the US and they would in Turkey....I know because I have sold gold in these two countries....I haven't done so in any other country so I can't speak from experience in those other countries.
But in Turkey in today's market yes gold even lower quality gold is very very valuable! And yields a higher price.
I think your assumptions are based on experience from several years back, not on current gold values.