Do you need cash for gold

In every city there is a neighborhood where there is a lot of crime and criminals. I am sure that even in the most peaceful and quite cities you can find a place like this. Usually in this district you are able to find a lot of drugs and violence and even though police and government might want to do something about it, they are not able to do it. That´s just how it is and we can´t do nothing about it. I have a place like this in my city as well and obviously I am trying to avoid when I can but recently I had to go there at night as I was walking home from my friend´s house. I was a bit scared because I have heard a lot of bad things about people living there. When I was there a guy approach me and asked me if I want to sell some gold. He wanted to give me cash for gold. It was a strange questions. I wouldn´t expect this kind of question in a place like this. I think that he really didn´t want to give me cash for gold but wanted to steal this gold from me. If I would say "yes" and take out my golden watch he would definitely grab it and run away. I wonder how many people believed him and had problems later. How do you think? Let me know via e-mail, thanks in advance.