If you are selling gold bullion bars or gold coins such as Kruggerands the highest price you will get for your gold is that published on the Gold Price Index. If, however, you are selling broken and unwanted gold jewellery the prices quoted to buy your gold per gram varies immensely.
The lowest price you could get for your gold is 40% of the prices quoted on the Gold Price Index. The highest price is, according to our research, 87% of the price quoted on the Gold Price Index. When we researched and wrote this article we discovered that some UK companies were offering prices as low as £4.20 per gram while others were paying just over £8.10 per gram*.
While doing the same research we discovered that many gold price analysts were predicting that the price of gold was set to continue increasing for at least the next two years. This means that the highest price you can get when selling your gold jewellery will not be reached for some time to come.
*Current Prices on 11th December 2009 Prices rise and fall.
Gold Bullion bar
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