Gold is a worthwhile investment. The precious metal has only increased in value over the last 10 years, and experts believe this trend is destined to continue. But when is the best time to buy gold bullion? The pawnbrokers at Coins & Stuff in High Point, NC, have been buying and selling gold, silver, and jewelry, among other items, since 1980. This reputable local business is known for offering fair prices and high-quality customer service.

Here, these coin dealers will tell you what you need to know about buying gold so you always purchase the metal at the right time:

• Corrections: Buy bullion whenever a correction is occurring. The ideal time is when the spot price dangles around the 200-day moving average or goes below it. Simply calculate the spot price average of gold over the last 200 days and make your purchase when it hits the average mark.
• Uncertain Times: Purchase gold bullion during times of economic uncertainty. Stay abreast of major announcements from banks, governments, stock exchanges, and so on, as such news often creates a panic. Gold and silver prices increase when stocks and other investments underperform.
• Gold-To-Silver Ratio: Determine the current gold-to-silver ratio to discover the ideal time to buy gold. A high ratio indicates it’s time to purchase silver because it’s cheaper, while a low ratio means it’s time to buy gold.
• Buy When Everyone Sells: Buy gold when it’s being sold at a high rate. This may mean gold is a bit unstable; however, stabilization always comes back around. Besides, gold’s inherent value makes it a worthwhile investment, as High Point’s best pawnbrokers continually emphasize.

Gold bullion is a secure, timeless asset. It’s an excellent way to protect yourself against economic crises and otherwise maintain your wealth. Discuss buying and selling gold with the coin dealers at Coins & Stuff and benefit from their outstanding customer service and forever-fair pricing.

For more on how to buy and sell gold, contact the pawnbrokers at Coins & Stuff in High Point today by calling (336) 885-5323 or by visiting their website.