St. Petersburg has very well earned its nickname as the ?Sunshine City?. With pleasant weather year round, it is a prime city for people who love golfing, boating, fishing and beach going. If you want to make your life in this sunny city even better than it is, Cash for Gold Mailer is here for you. If it is made of valuable material, we are happy to take it off your hands. Gold teeth or gold coins, send them our way and we will pay you handsomely for them.
Population: 2,68,006
Gold Stores Listed on Yelp: 95
Stores per 1000 people: 0.35
Current price of gold: $1949.005
Avg. Rent for 2 Bedroom House: $2,862
Avg. Wage: $40,630
Housing index: 676.58
Haircut: $16
Hamburger: $5.67
Public Bus Fare: $2.00
Movie: $12.89
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What if you wanted to buy a house in St. Petersburg. Over the past 10 years, Prices have increased over 277.78%, one of the fastest growing markets in the country.
Average Price of a 2 Bedroom Home: $2,862
10-Year Change: 277.78%
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: