If you’ve ever tried to sell your gold jewellery — or gold in other forms such as collectable coins — you’ll know that it can be difficult to establish precisely how much it’s worth. To sell your gold for a reasonable price, the first thing you need to know is the current gold price per gram.
Much like many other things these days, the value of precious metals is something that can change on a daily basis. It’s vital to familiarise yourself with the current gold price per gram, as the weight of your item(s) will be the deciding factor on how much money you make.
In this post, we’ll give you a better idea of how much gold is currently worth and what you can do to get an accurate valuation before you sell your unwanted gold.
Just like any other commodity, the price of gold per gram is influenced by many factors, including the economy, inflation and the demand for it at the time, and can fluctuate up or down on a daily basis. If you want to sell your gold jewellery or scrap gold when the price is at its highest, it’s important to keep an eye on the current price of gold. The best way for you to stay up-to-date with the value of gold is to use our Gold Value Calculator on a regular basis.
At this time, the current price per gram is around £30 for 24-carat gold. The value of gold depends largely on its number of carats, so items of less purity will fetch a lower amount. While this may not seem like a great deal of money, considering that most people own several pieces of gold jewellery, it’s a fantastic way to earn extra money — especially as every item will weigh several grams.
In case you couldn’t already tell, weight is an important factor when it comes to selling your gold. It’s something that’s worth reiterating so that you can go forward with realistic expectations about what your gold items are worth. For example, if you have a 24-carat gold necklace that isn’t particularly great to look at, but is heavier than one that’s more aesthetically appealing, the former will be worth more.
An exception to the weight and value rule is when we receive luxury or bespoke items, such as designer jewellery or watches. These types of items are extremely valuable as they are and can be sold on to the right market. Naturally, we provide a better financial return on these types of items.
While having access to the internet and our Gold Value Calculator does make it a lot easier to learn about the current price of gold, for an accurate valuation, you can’t go wrong with visiting an expert. At Post My Gold, our team of experts have years of experience in appraising jewellery and a vast knowledge of precious metals. This means you’ll receive a quote that reflects the true value of your items based both on the current gold price per gram and the condition of your gold.
At this point, many people will assume that their best option is to get the opinion of their local jeweller. However, you’ll soon realise that they are only interested in pieces of jewellery that they can sell on. This isn’t the case with Post My Gold! We purchase gold in a variety of forms, whether it’s jewellery, gold bars, watches or even scrap metal.
Are you looking to sell your gold for a decent profit? Get in touch today to request your FREE gold pack, which comes with a pre-paid fully-insured envelope for maximum protection of your unwanted valuables. Upon receiving your items, our experts will provide you with a market-leading quote within 24 hours. It’s as simple as that — quick, easy and hassle-free!