Memphis is historically famous for the influential strains of blues, soul and rock ‘n’ roll that originated there, but today, the city makes for one of the best cities to live in Tennessee with its fairly low cost of living for a large metro area. Anyone looking to enhance their life in Memphis should consider selling any old gold or jewelry they may have to Cash for Gold Mailer. We make selling your gold a very simple process, and we are happy to pay better than anyone else in the business for your gold, silver, or platinum!
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Gold Stores Listed on Yelp:
Stores per 1000 people:
Current price of gold: $1960.035
Avg. Rent for 2 Bedroom House:
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What if you wanted to buy a house in Memphis. Over the past 10 years, Prices have increased over , one of the fastest growing markets in the country.
Average Price of a 2 Bedroom Home:
10-Year Change:
10-Year Gold Price Change:
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: