Home to many cultural institutions and a major manufacturing hub, Cleveland is a global city. It is the proud home to many amazing cultures, ethnicities, and nationalities. Citizens of Cleveland want for nothing within its borders, and those who are interested in enhancing their life in the city can sell their gold or silver instead of locking it away in a safe somewhere. Cash for Gold Mailer is happy to pay you handsomely for any and all precious metals you want to sell. We will buy just about anything as long as it is made of a valuable metal ? just send it in!
Population: 3,74,394
Gold Stores Listed on Yelp: 28
Stores per 1000 people: 0.07
Current price of gold: $1978.87
Avg. Rent for 2 Bedroom House: $2,007
Avg. Wage: $30,662
Housing index: 171.97
Haircut: $16
Hamburger: $4.88
Public Bus Fare: $2.25
Movie: $11.26
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What if you wanted to buy a house in Cleveland. Over the past 10 years, Prices have increased over 142.55%, one of the fastest growing markets in the country.
Average Price of a 2 Bedroom Home: $2,007
10-Year Change: 142.55%
10-Year Gold Price Change: 11.53%
The price of real estate in has outpaced the price of gold by XX% over the past 10 years. Imagine if you had sold all your gold and invested in real estate!
What if you had sold your gold and invested in the stock market 10 years ago? Despite all the people that love to say “gold always goes up” – traditionally, it just hasn’t gone up as quickly as other investments. Take a look at returns over the past 10 years.
10-Year S&P Return:
10-Year Gold Return:
So if you had sold your gold 10 years ago and invested in the stock market, you’d be way ahead right now… but not quite as far ahead as investing in the Auburn housing market!
Performance is never guaranteed of course, but historically the average rate of return of the S&P of 12.3% significantly outpaces gold’s returns of 5%, while also being a more liquid financial holding. If you have a bar of gold, on average you’d lose $XX,XXX in 10 years by holding onto it instead of investing in the S&P 500.
What if you had sold your gold and invested in the stock market 10 years ago? Despite all the people that love to say “gold always goes up” – traditionally, it just hasn’t gone up as quickly as other investments. Take a look at returns over the past 10 years.
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Note that we have not vetted and cannot recomment using any of the local gold buyers below. However, if you are looking to deal exclusively with a local business, you may consider these:
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Selling your gold and precious metals has never been easier. Avoice the pawn shop and get a great price in 3 easy steps: