"Hosting a Gold party is profitable in various ways. Apart from selling gold and earn cash the host can get good commission on the revenue generated. The idea here is that while you enjoy the party ambience you can still earn money, which is quite fascinating." Just don't invite any competition. "The first step would require you to contact companies that provide specialized services for such events." Why? "Some organizations even provide gold buying kits that include scales, devices for determining gold content, gold party tips, gold prices, etc. A gold tester, magnet, and a jewelry scale are the essential equipments of a gold party." What, no one to bite the coins/goods? "This concept is extremely popular due to various reasons such as getting instant cash for gold, social gathering with friends and closed ones and turning unused items into spendable cash. Such parties can be organized either at your own home or at a rented location." I.e - a lock-up. "This sounds great and even fantastic but there are certain things which needs to be avoided. The seller must visit jewelery shop before going to a gold party and have your gold weighed. In this way you can avoid loss in gold party. Make sure that a reputable gold company is involved that can be trusted." You'll get more if you sell at a gold shop or pawnbrokers. Fact. "Some gold party companies offer help in terms of providing host with wine bottles and other beverages to ensure that the guests are comfortable." Vulnerable, more like. "Selling gold at jewelery shops bears the risk of not getting the fair value for gold and thus landing up making a loss." Wrong. Jewelery shops are regulated by the Office of Fair Trading. Your gatherings aren't. "However, selling gold in the company of trustworthy friends and closed ones is quite secure. Attend or throw a gold party and I am sure you will enjoy selling gold in the company of your friends and that too with a very good return of your unused items." Why not break out those loose teeth while you're at it.
