gold valuation

Current Price of Gold

Thursday, February 11th, 2010



To get an accurate picture of how much your gold is worth, obviously you need an up to date price.

As a traded commodity the price of gold fluctuates constantly, however all the gold buyers that we’ve come across so far base their price on the London Gold Fixing.

London gold prices are fixed twice a day at 1030am and 3pm London time by five members of the London Bullion Market Association. You can read more about the London Fixing over at Wikipedia.
gold
For our purposes we will display the price in Pound Sterling per Troy Ounce as published by the London Bullion Market Association, and the equivalent values of the lesser carats based on that price.

Current Price of Gold – 28th July 2010

24 Carat 22 Carat 18 Carat 14 Carat 9 Carat
10-30 am £746.01 £683.79 £559.51 £435.15 £279.75

Remember these prices are equivalent to the prices gold bullion is traded for on the markets and represents the maximum value of your gold.

This doesn’t take into account the cost of turning your scrap gold into bullion or the profits of the gold buyers. 80-90% of this value is realistically the most you can expect to receive and personally I would view with suspicion any goldbuyer offering this value and higher (unless of course their website simply hasn’t been updated following a significant price change).

For help calculating the value of your gold, refer to our guide: “How much is my gold worth

If you have weighed your gold in either grammes or imperial ounces (for example on the kitchen scales) you can find the equivalent prices broken down on the following pages:
Gold Price Per Gram
Gold Price Per Ounce

Selling Gold – Guide to getting the best price

Sunday, December 20th, 2009

< ?php
$maxResults = 3;
$keyword = 'selling gold';
$moreLinks = 'cash for gold';
$splitResults = TRUE;
include (TEMPLATEPATH.'/yahoo/output-results1_php-exec.inc.php');
?>
If you are thinking of selling gold, the chances are you have noticed the never-ending stream of adverts on the TV informing you that gold prices are at an all time high and now is the time to cash in.

Whether you should sell now or take a chance on the price rising further is a decision no one can make for you, but assuming you decide to sell, one thing is for sure – You want the best price possible.
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How to tell what your gold is worth

Monday, December 14th, 2009

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