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03Nov

Vancouver Gold Buyer

What you Need to Know When Buying Gold Jewelry in Vancouver? Gold jewelry never goes out of style, and for good reason, because gold is as wearer-friendly as it is…read more →
25Feb

New Canada Gold Website

Welcome to the new CanadaGold.ca! We are pleased to officially launch our new website full of great new features and information to help you learn more about the process of…read more →
10Feb

Gold Around The World

The gold price has different meanings for everyone. For some, it is a source of wealth, for others it is the cost of fine jewelry, and there are many more…read more →
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5 Benefits of Selling Gold in Vancouver

Need Extra Cash For The Holiday?

Gold jewelry never goes out of style, and for good reason, because gold is as wearer-friendly as it is beautiful. This precious metal is long lasting and retains its value over time, so buying gold jewelry is often considered an investment. When you have a piece of gold jewelry that is properly cared for, that jewelry can be passed down for generations and outlive all of us.

Knowing how to buy gold like a Vancouver Gold buyer will help you make the most of your investment.

Learn everything you need to know in this gold buying guide.

Sell Gold VancouverVancouver Gold Makes It Quick and simple

 Vancouver Gold makes buying your Gold quick and simple.  When you come to our shop we will sort your items by Karat, test the purity, and weigh your items.  Then offer a free no obligation quote and pay you on the spot.

Sell Gold VancouverSelling your Gold in Vancouver can provide you with Emergency money

The typical person will have to deal with at least one instance in their life where they find themselves in need of some cash urgently. It could be because of an accident, because of natural disasters, or any other unforeseen tragedy. This is when old gold jewelry can become very useful. Come into Vancouver Gold and have us appraise it to make some extra cash for gold and you might just have more than you need.

Sell Gold VancouverDeciding to Sell your Gold  in Vancouver Can Be Practical

Would you really like to keep old broken necklaces, unused gold jewelry, or dented rings in your house? These valuable items are of no value to you when they are just sitting around and gathering dust. Put them to use and make some extra cash for gold. You can use the money to replace them with newer and finer gold pieces or simply clear up some space in your home.

Sell Gold VancouverPrices for Gold Are good

As it stands, the current price of gold is currently quite good. Selling cash for gold in Vancouver has always been lucrative, it just so happens that the price of it is quite high at the moment and can only get higher; gold has always been steadily rising in price. Though it can dip from time to time, it usually catches up with itself and goes even higher. Don't miss your chance to make some good cash by selling your gold in Vancouver.

Sell Gold VancouverSelling Your Gold Can Provide Extra money

You want to save up some money and treat yourself to something nice like a new home remodeling project or maybe an overdue vacation; cash for gold services at Vancouver Gold can help you do this sooner. Why wait for something you really want when you can sell unwanted jewelry and make extra cash quickly?

Vancouver Gold Buyer

Vancouver Gold BuyerWhat you Need to Know When Buying Gold Jewelry in Vancouver?

Gold jewelry never goes out of style, and for good reason, because gold is as wearer-friendly as it is beautiful. This precious metal is long lasting and retains its value over time, so buying gold jewelry is often considered an investment. When you have a piece of gold jewelry that is properly cared for, that jewelry can be passed down for generations and outlive all of us.

Knowing how to buy gold like a Vancouver Gold buyer will help you make the most of your investment.

Learn everything you need to know in this gold buying guide.


How Gold Purity Impacts Value

Chances are the ring on your finger is marked 18K, 14K, or 10K, with the K standing for karat, the system used to describe the percentage of pure gold an item contains. The higher the karat number, the higher the percentage of gold in your gold jewelry. Also, the higher the karat, the more expensive the item.

  • 24K gold is pure gold.
  • 18K gold contains 18 parts gold and 6 parts of one or more additional metals, making it 75% gold.
  • 14K gold contains 14 parts gold and 10 parts of one or more additional metals, making it 58.3% gold.
  • 12K gold contains 12 parts gold and 12 parts of one or more additional metals, making it 50% gold.
  • 10K gold contains 10 parts gold and 14 parts of one or more additional metals, making it 41.7% gold. 10K gold is the minimum karat that can be called "gold" in Canada.
  • 14K is the most commonly sold gold jewelry in Canada.

Purchasing jewelry less than 14K won't hold its value as much over time. The higher the gold content, the more the gold market will influence the item's value. Remember, there are other factors to consider besides gold content to determine if your jewelry is valuable.


Become Familiar with European Markings

  • European gold jewelry is marked with numbers that indicate their percentage of gold.Learn about these hallmarks in case you are buying vintage jewelry or gold jewelry outside Canada.
  • 18K gold is marked 750 to indicate 75% gold
  • 14K gold is marked 585 for 58.5%
  • 10K gold is marked 417 for 41.7%

The karat marking on your gold jewelry should be accompanied by a hallmark or trademark that identifies its maker. The item's country of origin might also be included. In some cases with jewelry over 100 years old, there will be no gold hallmark. You'll need to make sure the item has been tested for gold content before purchasing.


Why Are Other Metals Mixed With Gold?

You'll want to know about gold alloys when shopping for gold jewelry. Since pure gold is soft and isn't practical for daily wear, other metals are mixed with it to make it more durable (and to lower its cost).

Adding other metals to the mix also allows metallurgists to change the color of gold. Palladium or nickel can be added to create white gold. Adding copper produces a rose or pink tint, while silver gives gold a greenish cast.

When metals are added to the gold the result is an ​alloy, a blended mixture of the metals that you can think of as a very expensive cake batter.

Solid gold is a term that can be used to describe an item that's at least 10K (in the US) gold all the way through. Even though it's a gold alloy--18K, 14K, or anything down to 10K--it can be called solid gold.


When Gold Is Used as a Coating

There are many ways to mechanically apply a coating of gold onto a much less expensive metal, reducing the item's cost. The thicker the layer of gold, the less likely it is to wear away easily and expose the metal underneath.

Gold Filled Jewelry

Newer gold filled items have markings that indicate how much and what type of gold was used for the layer. A marking that says 1/20 12K G.F. means that the jewelry is at least 1/20th 12K gold by weight.

Gold Plated Jewelry

The gold layer in gold plated jewelry is typically thinner than the gold in gold filled jewelry, so it usually wears away more quickly.

Plating is done in different ways.

You might see terms such as gold washed used to describe a very thin layer of gold--one that won't be very durable.

So What Gold Jewelry Should You Buy?

Solid gold is durable, so it is a better choice for jewelry you'll wear regularly. If you have allergies to nickel or other metals, choose items that have higher gold content, such as 18K or 22K gold jewelry.

Gold filled or plated jewelry is suitable for jewelry that you wear occasionally but shouldn't be considered an investment. Everyday use would eventually diminish the gold layer, exposing the metal below, which might stain your skin or cause an allergic reaction.

For pieces that will last a lifetime and beyond, buy the highest quality gold your budget allows.

Tags: Sell Gold Vancouver, Vancouver Gold Buyer, Cash For Gold Vancouver

Vancouver Gold prides itself on being the best gold buyer and seller in Vancouver. Whether you are looking to sell your unused gold. or you simply just need some extra money to pay bills or make an important purchase, you can count on getting the best price for your gold, silver and platinum jewelry. We offer a transparent process that gives you confidence that you are getting the right satisfactory price!

New Canada Gold Website

Welcome to the new CanadaGold.ca!

We are pleased to officially launch our new website full of great new features and information to help you learn more about the process of buying and selling precious metals including gold, silver and platinum, as well as diamonds.

Canada Gold aims to equip you with all the information that you will need to make an informed decision regarding the purchase or sale of your precious metals and diamonds. Whether you choose to do business with us or not, we are pleased to present you with the most relevant tools and articles to make your decision that much easier.

As always, if you have any questions regarding our company, this website, or precious-metals in general, we are always here to help. You can contact us through our website or visit one of our conveniently located offices in a neighbourhood near you.

Thanks for your interest in our company, we look forward to having the pleasure of serving you soon!Canada Gold Logo

Gold Around The World

Gold Around The World

The gold price has different meanings for everyone. For some, it is a source of wealth, for others it is the cost of fine jewelry, and there are many more who just don’t really care about it.

Is There Value in the Gold Price?

No matter what your opinion on the precious metal, gold is an important resource in our world and plays a significant role in our global economy. Even if it doesn’t interest you from an investment or fashion standpoint, the gold price is sure to affect you in some way.

With such a difficult to understand value proposition and tremendous economic weight, many ask “why?”.

“(Gold) gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head.”

Warren Buffet

While this may be true, in most countries gold has a very important role to play through deep rooted cultural traditions and as a store of wealth. It’s true that the gold price is simply the value that we assign to it, but in reality this could be argued for just about any scarce resource or capital in a free market economy.

One of the best ways of understanding the gold price is to simply think of it as a currency. While most other commodities have very real and useful value as a source of energy, construction or as food, gold is quite limited in its general usefulness. Likewise, commodities tend to get used up, contributing to a certain amount of continuous demand regardless of the investment interest in it. Gold, of course is always there. Even if it ends up being used in jewelry you can always melt it down and reclaim it into its purest form.

Gold as a Currency

The reason we can equate the gold price to currency is because it really is just used as a store and transfer of wealth, just like cash. The difference is that cash tends to become devalued over time (inflation), whereas gold price almost always has a consistent value compared to inflation.

There are many economic factors influencing the gold price, but the same is true for currency. If all countries and businesses used gold price as the standard of currency it would lead to much more stable levels of exchange and contribute to an easing global trade. Currently, if a company manufactures a product in one country for sale in another, the fluctuations in exchange rates can lead to huge risks to profitability. The recent rise in globalisation has had more to do with the easing of import duties and the establishment of large-scale trade agreements.

A common currency would be the final consummation of true free trade between countries, also known as a currency union. While this has been tried with a certain level of success in Europe with the establishment of the Euro, the idea of using gold price as a common currency for countries in different parts of the world has been suggested as the next major push towards global free trade.

Just such a scheme has been floated as being plausible by an OMFIF report commissioned by the World Gold Council looking into the potential impacts of changes to China’s monetary policy.

While this type of move would be profound and extreme to say the least, it does show the sentiment towards moving away from currency systems that are easily manipulated by governments and towards a more inclusive system that offers greater stability for the businesses that ultimately engage in trade.

Given all this, it seems that there is a role for gold price as an international store of value and commerce, providing a common currency across international boundaries.