After Donald Trump's shocking presidential win, the US economy took a bit of a tumble in the stock market. This plunge has recovered slightly, but it has many people worried about their economic future. However, if you have a lot of gold jewelry or other golden items in your home, now might not be a bad time to think about selling them. Why?

Gold Prices Rise In Times Of Uncertainty

Gold is typically one of the most reliable and safest forms of investment in the world. The prices rarely, if ever, fluctuate heavily. The most common times that gold prices rise is when there is financial uncertainty on the world scene.

This is especially true when people start to lose confidence in their government and their currency. Fears around the value of the US dollar are especially helpful for gold prices. Currently, the aura of uncertainty and fear that has arisen around the economic world after Trump's win has experts predicting that gold will increase in value as a response. Is this going to be the case now?

Gold Surged After His Election

Immediately after it was announced that Trump had won the election, stocks plunged and gold prices rose incredibly. The latter jumped by as much as four percent in just a handful of days. This kind of surge was expected if Trump was to win and many gold investors are now selling high. Even people like you who own just a few items can cash out in a big way.

While the stock market has calmed down after its plunge and gold prices have stabilized, the rather unpredictable nature of Trump's politics and expectations for what he'll do as a president could make it a great time to sell your gold. It's probably a good idea to wait until after he is sworn in as president: at that point, there is likely to be a huge surge in gold prices.

Tips On Selling Your Gold Successfully

The best way to approach this situation is to hold on to your gold for now and gauge its price as the following weeks and months pass. A general stabilization is likely to occur after the shock has worn off, as it seems to be doing right now. However that is likely to change as Trump takes office. Gold prices will likely jump up heavily.

This is especially true if he does or says something unpredictable. Market confusion or fear about Trump's presidency will benefit gold sellers. So gather up your gold items, including jewelry and coins, and take them to a local appraiser. They can give you a good idea as to what to expect if you were to sell them at that moment and may be able to predict the movement of the market in the coming days of the Trump presidency.

For more information, contact a gold and silver buyer.