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What Is a Gold Party?

February 11, 2018


If you haven’t been to a gold party, you may be wondering what it is. The idea of a gold party is similar to other home party ideas, which were made famous with Tupperware. But instead of attending the event and buying something, you’re asked to bring unwanted gold and walk out with cash. In that way, the party is a win-win for the gold buyer and the guest, and the host even receives a commission.


How It Works


Every party needs a host. The host of the gold party invites their friends or family members for food, drinks, and general merriment. They also invite a professional gold buyer from a local gold buying company. Guests are invited to bring precious metals they no longer want. Of course, there is no pressure to sell anything at all.

During the event, the gold buyer uses a scale and other equipment to evaluate the gold each person has. Then the buyer makes them an offer for their valuables. There is no obligation to take the offer, but if the guest chooses to sell, they’ll get cash for their gold right away. This is probably the only social event you could attend that will increase the cash in your wallet.




It’s much easier to get people to attend a gold party than an event where they’re expected to buy products. With a gold party, the host also benefits, because they can receive a commission for setting up the party. Generally, they receive a percentage of the value of gold the gold seller ends up buying. Another unique use for a gold party is turning it into a fundraiser.



When people sell jewelry for cash in Somerville, NJ, they’re often surprised how much money they can get for unwanted items that have been sitting in their closets. A gold party can be a great way to combine a fun evening with getting some extra cash. For guests who sell their gold at these parties, it’s convenient not to have to take the jewelry to a gold buyer themselves.


Fundraiser Option

There is always a need for fundraisers, but it’s not easy to talk people into making donations, even if the cause is truly dear to them. Part of the problem is that many families are struggling to come up with extra cash to help others. A gold party is a great option for a fundraising event because it doesn’t require anyone to spend a lot of time or effort on making a difference. Almost everyone has unwanted jewelry they don’t use and could be willing to donate.

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