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Selling gold can be a great strategy to make a profit or get quick cash. But for optimal results, it's important to know the right way to sell. By understanding the right selling process, you can avoid losses.

Here are some tips on how to sell gold for maximum profit!

1. Check Prices Regularly

Gold prices often go up and down, so it's important to monitor them regularly through official websites or trusted apps. The right timing equals bigger profits.

2. Choose a Favorable Selling Place

Every place has its advantages and disadvantages, for example:

• Antam boutique, High buyback price, but only in big cities
• Pegadaian, Many branches, competitive prices
• Bank, safe but not necessarily serve buyback
• Gold shop, easy to reach but prices can be lower
• Recommendation: Prioritize Antam Boutiques or Pegadaian, compare prices if you are going to sell at a gold shop

3. Complete Supporting Documents

Prepare certificates, purchase notes, KTP, and NPWP (if the transaction value is high). Complete documents will help smooth the process and keep the price optimal.

4. Maintain the Physical Condition of Gold

Keep gold in its original packaging, avoid scratches, and do not clean it with chemicals. If the gold is damaged or scratched, it can reduce the selling value.

5. Pay Attention to Sales Time

Do not sell when prices are down or on holidays. Monitor the long-term trend and sell when prices rise. However, if you need quick funds, gold can still be relied upon.

There are several factors that can affect the selling price of antam gold including world gold prices, the rupiah exchange rate, national economic conditions, production costs, and the physical condition of gold.

Source: merdekadotcom