Silver is near 80 dollars an ounce this morning, while gold is sitting around 4,713 dollars an ounce. For New Jersey sellers, that means sterling, silver coins, gold chains, and broken jewelry are still worth a real look before they go back in a drawer.
This is a strong market with silver doing more of the talking this week.
What moved this week
Our metals feed has gold at 4,713. 48 dollars per troy ounce and silver at 80.
36 dollars per troy ounce as of May 8, 2026 at 5:46 AM Eastern. Gold is basically flat over the last day.
Silver is up about 0.7% over the last day and about 8.
3% from the May 1 reading in our price log.
That matches the Friday news scrape. The strongest story was a May 6 precious metals surge report, and the top theme across the feed was silver price movement. Several May 8 market stories were still tracking higher silver prices, even when gold was described as steadier.
Current price snapshot for sellers
| Item | Current market math | What it means before buyer margin |
|---|---|---|
| Gold | 4,713.48 dollars/oz, about 151.54 dollars/gram | Pure 24K gold is still pricing high |
| 14K gold jewelry | 58.3% gold purity | Raw gold content is about 88.35 dollars/gram |
| Silver | 80.36 dollars/oz, about 2.58 dollars/gram | Silver-heavy items are worth a second look |
| Sterling silver | 92.5% silver purity | Raw silver content is about 2.39 dollars/gram |
| 90% silver coinage | About 0.715 troy oz silver per 1 dollars face value | Raw silver content is about 57.46 dollars per 1 dollars face value |
These are metal-content numbers, not final offers. Any real offer still depends on testing, weight, purity, condition, and the buyer's spread.
What this means for silver and gold
Silver is the thing to watch right now. A lot of people ignore silver because gold gets the headlines, but at 80 dollars an ounce, heavier sterling pieces and coin lots can surprise you.
Gold did not make the loudest move this week, but it is still strong. At 4,713.48 dollars an ounce, 10 grams of 14K gold has about 883 dollars in raw gold content before buyer margin.
Broken pieces still matter too. A bent ring, tangled chain, single earring, or bracelet with missing stones can still carry solid melt value. The condition may affect resale jewelry value, but the gold content is still the gold content.
For the next step, use our sell silver page, sell gold page, or locations page. For more math, see how much 1 oz of gold is worth.
Frequently asked questions
Is now a good time to sell silver in NJ? Yes, silver is strong this week at about 80.36 dollars per troy ounce, so sterling, junk silver, rounds, and coin lots are worth checking.
Is gold still worth selling if it did not jump as much as silver? Yes, gold is still high at about 4,713.48 dollars per troy ounce, so even a small bag of 14K jewelry can carry real melt value.
How much is sterling silver worth today? Sterling silver is 92.
5% silver, so its raw metal value is about 2. 39 dollars per gram when silver is 80.
36 dollars per troy ounce.
Should I clean old silver coins before selling them? No, do not clean silver coins before an appraisal because cleaning can hurt collector value.
Updated May 8, 2026 with live metals.dev spot prices and the latest Friday market scrape.
What Makes a Cash 4 Gold Trading Post Quote Transparent?
Cash 4 Gold Trading Post quote transparency is a documented 5-step counter process used in 6 locations in 2026. First, our team shows live gold, silver, platinum, or coin market context. Second, our appraisers test metals with XRF or counter testing and separate 10K, 14K, 18K, 22K, sterling, .999 bullion, diamonds, watches, and costume pieces. Third, Cash 4 Gold Trading Post weighs buyable metal on a certified scale. Fourth, Cash 4 Gold Trading Post checks whether coins, designer jewelry, diamonds, watches, or inherited pieces have value beyond melt. Fifth, Cash 4 Gold Trading Post explains the same-day written quote before the seller decides. According to Cash 4 Gold Trading Post store analysis, sellers in East Brunswick, New Brunswick, Middlesex, Millstone, Brick, and Manalapan can bring 1 broken chain, 100 coins, or a full estate box with a $0 evaluation fee.
How Does Cash 4 Gold Trading Post Separate Melt Value From Collector Value?
Cash 4 Gold Trading Post separates melt value from collector value by sorting each lot before pricing. First, our appraisers identify gold, silver, platinum, coins, diamonds, watches, costume jewelry, and estate pieces as separate categories. Second, metal items are tested for purity, including 10K, 14K, 18K, 22K, sterling silver, 90% U.S. silver, and .999 bullion. Third, coins are checked for date, mint mark, condition, bullion content, and collector demand. Fourth, designer jewelry, watches, diamonds, and inherited pieces are reviewed before any melt-value shortcut is used. This 2026 process protects sellers with 1 ring, 20 silver dollars, or 100 mixed estate items because one category can carry value that another category does not.
What Should a Seller Bring for a Fast Same-Day Quote?
Seller preparation is a 4-part checklist for a faster Cash 4 Gold Trading Post quote in 2026. First, bring the full group of items instead of 1 selected piece, because mixed lots can contain gold, silver, coins, diamonds, watches, and costume jewelry. Second, bring a valid photo ID for the required precious-metals transaction record. Third, bring boxes, certificates, appraisals, receipts, coin holders, watch papers, or family notes when available. Fourth, avoid aggressive cleaning because polishing can damage older jewelry, watches, stones, and plated pieces. Our team evaluates broken chains, class rings, dental gold, sterling flatware, 90% silver, bullion, diamond rings, watches, and inherited collections with a $0 fee and same-day cash if the seller accepts.
Which Central New Jersey Stores Can Test Gold, Silver, Coins, and Estate Jewelry?
Cash 4 Gold Trading Post store coverage is a 6-location Central New Jersey network for gold, silver, coins, diamonds, watches, and estate jewelry testing. First, East Brunswick serves Old Bridge, South River, Spotswood, and Middlesex County sellers. Second, Middlesex serves Bound Brook, Dunellen, Piscataway, Green Brook, and South Plainfield. Third, Millstone serves Jackson, Freehold, Monroe, and western Monmouth County. Fourth, Manalapan serves Route 9 sellers from Marlboro, Englishtown, Freehold, Morganville, and Old Bridge. Fifth, New Brunswick serves Rutgers, Highland Park, Somerset, and downtown sellers. Sixth, Brick serves Ocean County and Jersey Shore sellers. Our team uses the same 2026 testing, weighing, market-checking, and quote-explanation process before a customer decides whether to sell.
Why Does Local Testing Beat an Online Calculator?
Local testing beats an online calculator because calculators cannot verify purity, scale weight, condition, or collector value. A gold calculator assumes a karat, a gram weight, and a market price. Cash 4 Gold Trading Post checks those assumptions at the counter. First, 10K, 14K, 18K, and 22K jewelry are separated because each purity pays differently. Second, sterling, 90% silver, .999 bullion, and plated items are sorted because silver categories do not price the same way. Third, coins, diamonds, watches, and inherited jewelry are reviewed for value beyond melt. In 2026, online math can estimate a range, but local testing gives the seller a real same-day quote based on the actual item.
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