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  • Writer's pictureGlenda Craddock

5 Common Questions About Gold Price in Virginia Beach

If you're thinking about selling gold or precious metals, you could be curious about current gold prices. We get fact, we get a lot of questions about gold spot price & other related questions, since we are well-known in the community for dealing with gold coins, gold bars & gold jewelry. If you aren't heavily involved in the gold market yourself, it's understandable if you have a few questions. These are some of the common questions we get about the current price of gold, but of course, if you have other questions about gold products, we invite you to stop by Hilltop Pawn Shop & Jewelry or give us a call at 757-769-7254!

1. What is the Current Gold Price?

What is the current gold price? Gold bullion prices and gold prices in general vary from day to day. This is true with all precious metals. To get paid the most for your gold investment, you'll want to sell when gold is high. If you want to find out the price of gold today, you can view the live price of gold right here on our website.

Gold tennis racket pendant

2. What Affects Gold Price or Value?

So, what impacts the value of gold? There are so many things. The current value of the US dollar has an impact on gold value. Like anything, supply and demand also has a big impact on the numbers you'll see on a live gold price chart. Put simply, when gold is in high demand, it's worth more! The stock market conditions and economic conditions impact gold price charts, as do current interest rates. It can be hard to keep track of all of these various factors, of course, but you can always find out the current price of gold by looking online (including right here on our website!) or giving us a call.

3. How Do I Get Paid the Highest Gold Price?

​There are really two main things you should look at if you're hoping to get paid the highest gold price for your gold. For one thing, selling at the right time is important. If you sell gold or silver when the value of a troy ounce of gold is high, you'll get more. The same is true when silver prices are high. After all, the market does fluctuate from day to day.

The second thing that really impacts how much you'll get for your gold is simple: who you sell to. Selling to a gold buyer that understands the spot price of gold, truly values your gold items, and wants to make you a good deal and a satisfied customer is important. Hilltop Pawn is the Virginia Beach gold buyer that will pay you the most for your gold! Our past performance and reputation speaks for itself.

4. Does Gold Price Vary Between 10K, 14K, 18K & 24K Gold?

So, does gold price vary based on the amount of gold in a piece? The answer is yes...absolutely. 24K gold is pure gold, which is what the spot gold price is based on. 10K gold, on the other hand, has gold content but is also made of other alloys. It's valuable too, but not as valuable as pure gold. Of course, we pay top dollar for 10K, 14K & 18K gold, too. If you're looking for a safe haven to sell your gold for a great price -- no matter its gold content -- we invite you to visit us at Hilltop Pawn today.

5. Who Pays the Highest Gold Price in Virginia Beach?

Hilltop Pawn is known for taking a significant role in the local gold market here in Virginia Beach. During our pawn market hours, we buy gold for the highest purchase price. You can sell your gold and silver in a very short time frame here, and we pay the highest prices! You can also take out a short term loan against the value of your gold's fast & easy, and there's never a credit check. In recent years, we've been known as the best place to sell your gold for the highest gold price today, and we'd love to assist you and provide you with a good time while you're making the sale.

As local gold investors & dealers, we understand the value of your investments. We'd love to answer your questions about value of gold or other matters related to gold, and we offer a viable option for selling your gold for the highest precious metal price, too. Stop by our Virginia Beach pawn shop & jewelry store for more information or to make the sale, or ask us about our financial products, such as pawn loans on gold! You can also give us a call at 757-769-7254!

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