Gold Prices

The price of gold is easily found online, however a mistake many make is that they expect to sell their gold at the price shown on gold markets but there are many things to consider. Retail price is always more than the actual market price, this factors in workmanship and overheads, let's say the gold markets pricing says 9 karat gold is £ 35 per gram today, in that instance the highest scrap price (trade) will pay slightly less allowing a small profit, this then goes down the line and often you will find locations that are not close to Birmingham or London will pay much less, as do many pop up gold buying gigs. High street shops such as jewellers, pawnbrokers like H and T and Cash Converters will almost always offer you the lowest price they can get away with, with most of them asking you to bring your gold in for valuation. In these cases the average scrap gold price is between £10 and £15 per gram based on 9 karat, then their is postal gold who offer great rates however once you've sent your gold off to them that can change as the price fluctuates between the day you send the gold away in a pre paid envelope and the day it arrives and gets processed, an excuse that many make. Also you have the pop up valuers at social clubs and church halls, many of whom are unscrupulous and will pay you as little as possible, some will even tell you that your 18 karat gold Is 9 karat and double up instantly. Know your gold check its hallmarks using a loupe, magnifying glass or your phone, below you will find our hallmark guide to keep you informed. When searching for the best prices understand that unless you go to Birmingham Jewellery Quarter in Warstone or Hatton Garden in London then you will face all these dilemmas, that's where we come in with our service which Is transparent, honest and fair.

At Clocktower Metals we offer very competitive prices for your unwanted gold and broken scrap jewellery, we arrange same day payments for your items in cash or via bank transfer with a simple no questions fast discreet service. Gold prices are very high right now, this is due to many factors including global conflict, market instability and the rise of BRICS. Many private investors are now buying gold for investment at this time which leaves the jewellery trade short on supply so with all these factors thrown into the mix now is a perfect opportunity to turn your unwanted items into cash. Why use our service, simple because we pay a top price for gold and offer a fast friendly reliable service that anyone can access, you can visit our office ( appointment only) or attend a local valuation day listed on our events calendar. We can also arrange home or work visits as well as meeting at your chosen bank or vault, for peace of mind. Whatever you have to sell get in touch via our contact page and we will be happy to discuss your confidential requirements and offer a no obligation quote.

Our rates based on present market value for scrap gold

(gold prices change daily below is our average rate)

9 carat - £ 25 per gram

18 carat - £ 50 per gram

22 carat - £ 60 per gram

24 carat £ 65 per gram

Higher gold rates are always available for weights over two troy ounces

Gold Sovereigns

Full - £ 500

Half - £ 250

Gold Krugerrands

Full 1 oz - £ 2000

Half - £ 950

Quarter - £ 450

Tenth - £ 100

These prices are based on single coins, higher rates are always available for collections

We also buy Platinum Palladium, Rhodium and Silver by weight over three troy ounces

HALLMARKS EXPLAINED

GOLD PRICES 1969 - 2025

LIVE GOLD PRICES WHEN TRADING