Maybe some of you have some old gold jeweleries that already out of your fashion line or gold coins that have no point keeping it and this is the perfect time to turn that old gold into cold hard cash.

Many gold retailer buy or sell gold using gram or ounce but did you know that you can actually sell your gold by carat?  Carat is a unit of measurement used to determine the purity of the gold alloys. It is denoted by the symbol ct or kt. In United States and Canada, the spelling karat is used, while spelling carat is used to refer the measure of mass for gemstones. Which mean, the purer the gold, the more money that you will get.

The calculation is like this;

where

X is the carat rating of the material,

Mg is the mass of pure gold in the material, and

Mm is the total mass of the material.

Therefore 24 carat gold is fine (99.9% Au), 18 carat gold is 75% gold, 12 carat gold is 50% gold and so forth. Nowadays all the transaction is global, fast and easy. You be able to sell you gold online or offline.  The transaction is able for sell 14 karat gold online or more. But think more about the security before doing any trading of gold online.

Online transactions might not be totally safe so Cash4Gold says to look out for unscrupulous competitors. Head over to the online Cash4Gold company profile for more information before you decide to sell you gold online.