gold prices

Will Gold Prices Keep Going Up or Start to Go Down? Should I Sell Now or Hold On to My Gold?

Gold has always been seen as a safe haven in uncertain times. Whether it’s inflation, geopolitical unrest, or market volatility, gold tends to hold its value—and often rise—when other assets decline. But if you’re holding gold jewelry, coins, or bullion today, you might be wondering: Will gold prices continue to climb, or is it time to sell?

At Hemming Jewelers, we’ve helped countless customers in Jacksonville navigate the gold market with confidence. Let’s explore the current gold price trends and help you decide whether it’s smarter to sell now or wait.

What’s Driving Gold Prices Right Now?

As of mid-2025, gold prices remain strong, hovering near all-time highs. Several factors are contributing to this:

  • Inflation and interest rates: Even as inflation cools, concerns about long-term purchasing power keep demand for gold high.

  • Global uncertainty: Ongoing geopolitical tensions, particularly in Europe and Asia, have investors seeking stable assets like gold.

  • Central bank activity: Countries like China and India continue to increase gold reserves, supporting market demand.

  • U.S. dollar fluctuations: When the dollar weakens, gold often strengthens as a hedge.

These influences suggest that gold may continue to hold or increase in value in the short term. However, no market climbs forever, and price corrections can occur without much warning.

Should You Sell Your Gold Now?

If you’ve been holding gold and are considering selling, now is a strategic time to evaluate your options:

You may want to sell now if:

  • You purchased your gold at a much lower price and want to lock in gains

  • You need cash for other investments, emergencies, or expenses

  • You’re holding broken, outdated, or unused jewelry that’s no longer valuable to you sentimentally

At Hemming Jewelers, we offer top-dollar payouts for gold in any condition. Our expert appraisers will assess your items and give you a fair, honest evaluation—no pressure.

Or Should You Hold Onto Your Gold?

On the other hand, if you believe global instability or inflation may rise again—or simply prefer holding tangible assets—you might decide to hold:

You may want to hold if:

  • You see gold as a long-term hedge against economic uncertainty

  • You believe gold prices still have room to grow

  • Your gold items hold personal or family significance beyond monetary value

At Hemming Jewelers, we’re not just here to buy—we’re here to advise. If you’re unsure, our team can help you weigh your options based on your specific goals and the current market.

Get Your Gold Appraised in Jacksonville

Whether you’re looking to sell gold for immediate cash or just want to know what your pieces are worth, Hemming Jewelers offers evaluations with no obligation. Our trusted professionals will walk you through the process and answer any questions you have.