Five Star Gold Exchange Blogs

Gold is one of the most talked-about assets right now. Early in 2026 it hit all-time highs. Since then it has pulled back, but it is still far above where it traded just a few years ago. If you have a drawer of old chains, broken earrings, or inherited rings, you may be wondering whether this is the moment to turn them into cash. Here is what's behind the headlines, and how to approach selling in a way that protects your payout. What Has Gold Been Doing in 2026? Gold had a remarkable run into the start of the year. Spot gold peaked at about $5,595 per ounce on January 29, 2026. Since then it has cooled. Gold futures closed around $4,216 on October 2, 2026. ebc investing That is a drop from the peak, but it is still a very high price by historical standards. For comparison, the previous major highs were around $1,921 in 2011 and $1,981 in 2020. Even after the pullback, gold is trading at more than double those earlier highs. ebc What Is Moving the Gold Market Right Now? Severa...

Old chains, single earrings, inherited flatware and pre-1968 coins can earn you good money, but two people selling the same treasures may get completely different payouts. The reason for it is always the preparation and knowledge of the potential buyer. First of all, you need to know the current spot price. Gold and silver are volatile metals, so you need to research how the chosen dealer calculates his price based on it. Any trustworthy dealer will have published rates or explain the particular math he is using. Second, you have to understand what you are selling. Payouts are based on gold or silver purity, so learn to read the tags like 10K, 14K, 18K, 585, 750, 925. Pre-1968 Canadian coins and pre-1965 US coins include silver, so do not forget about them. You need to show all the precious metals. If the jewelry you are going to sell does not have any tags, a professional dealer will be able to identify its purity in front of you. Never try to clean, fix or throw away broken chains, e...