Factors That Influence the Price You Get When Selling Gold
When you sell gold for cash to a buyer, the buyer will make an offer that's based on multiple factors. Here are some of the more notable factors that can influence how much you get for selling gold.
Current Spot Price
The spot price is how much buyers are paying for an immediate delivery of gold, or an on-the-spot sale. The price is usually given as dollars per troy ounce, and it fluctuates regularly.