Gold jewelry buyers pay cash for unwanted, old or broken goldjewelry. This is sometimes called scrap gold, and there are manyscrap gold buyers in neighborhoods and online. The price is peggedto the daily spot gold prices, minus a discount for the dealer.Sellers need to know that the gold jewelry buyers must resellthe gold and make a profit, so they cannot offer the full dailyprice on the market that day for gold. However, if the seller hasold, broken jewelry just lying around collecting dust, it is betterto sell that scrap gold off for some real cash money.To sell scrap gold, first it is necessary to find a buyer ofgold jewelry. There are many places to try, even right in theneighborhood. The local pawn shop often will purchase gold andsilver in any form. They will offer a discounted price