We pay cash on the spot, in your presence.
We pay current Gold Market prices, whatever the current Gold Market price is on the Gold Exchange the day you decide to sell.
The Gold Market and Daily Rates
We base our rates on the current gold market for that day. Here is an example: Let’s imagine that gold is $865 per ounce on Tuesday and you are going to sell on Wednesday. On Wednesday, gold closed at $872 per ounce. Your rate would be based on $872 per ounce. This price is based on 100% pure gold. Since most customers do not have 24k or pure gold to sell, a formula is used to breakdown the daily rate, which allows us to offer you the best possible price for 10k, 14, or 18k gold.