I have a 999 bracelet which I will never wear at all cos of the design and it's thick. I'm thinking to sell off. Should I sell at gold shop or pawn shop?

Go shop around

in kl > i go razakgold

if temporary need cash > go pajak jer

For me, I will keep it as investment. Gold price will up unless someone can find a way to produce gold

I kept for 20 years dy

999 gold somemore leh. Keep it first unless you really really need to use money

cos I see the price for 999 seems high now..

999 should worth more

but dont expect close to board displayed rate

if u need cash can pawn it

If you go Pajak Shop, you pawn your gold you can get 60% of weighted worth.
If you go Bank Rakyat, you pawn your gold you can get 80% of weighted worth.

Pawning gold is like taking a loan (60% or 80%) with your gold as collateral. You still own the gold and can buyback the gold if redeem by paying full amount. You need to renew the pawn paper(pay some amount) every 6 months though to continue owning it.

This post has been edited by PariaGoreng: Aug 18 2023, 11:15 AM

if around klang Vally, usually I go to this Gemsberly.
https://goo.gl/maps/MFvrJXXjMHH8TF3G6

call them in advance before going, so they can prepare the cash for u. they usually buy close to google gold price and they don't need any cert, sold more than 20k of gold jewelry there

Selling price for Physical gold for investment and jewellery gold is different. Jewellery gold always lower compare to investment gold

Any gold shop will take it.

From what i experienced, usually the weight X current price and then deduct 15-25% as they wont be paying 100% for profit.

And people still say gold is good investment.

keep it, if you takda money issue.

You know new gold is always being found, right?

https://www.newshub.co.nz/home/money/2023/0...e-worth-2b.html

https://clubofmozambique.com/news/uganda-an...eposits-218828/

go normal gold shop, like habib or poh kong etc, they will take 75-80% of its value.

Pawn shop.

Yes, if you sell. Pawn you can buy back.

When buy jewelry type gold, you buy the gold, + workmanship.
When you sell, you only sell the gold.

Even if gold price increase, you already rugi.

Unless you are buying bullions, gold is not an investment.

ok lah, then I sell la cos it's been just lying there in my jewellery box....I want buy something else