Over the past few decades, we’ve seen much of the retail landscape take its shopping experience to the internet, with everything from clothing and groceries to cars and furniture now being bought and sold online around the world every day.

But when it comes to buying and selling jewelry and precious metals, however, many are often more hesitant and less confident in the online process due to a wariness toward scams, damaged items, and an overall less-than-satisfying consumer experience.

The truth is that despite these concerns, the ease and success of selling your gold and other precious metals online is all about who you work with.

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Gold and other precious metals appear in many different forms throughout their lifetime, from the natural, newly mined state to the real-world applications of jewelry, dental work, and beyond.

Among the most common forms of gold is gold bullion, which serves an important purpose in precious metals markets and in the greater financial world.

Here is a closer look at what gold bullion is, how much it’s worth, and why right now is an ideal time to sell gold bullion.

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The second half of 2020 marked a banner period for gold, as its price per pound surpassed $20,000 for the first time ever. Amid the economic downturn and uncertainty caused by the COVID-19 pandemic, investors rushed to gold as a safe haven investment and hedge against the shorter-term risk of traditional markets.

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The beauty of gold has captivated humans for thousands of years, and while it has always been cherished and sought after for its shine and elegance, it also used to serve a much larger purpose.

During the era of the gold standard, gold was a critical component of the global economy, affecting everything from international trade to the value of currency.

Here is a closer look at how the gold standard and fiat money compare to one another and why both are still important to the present-day economy.

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