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Near-Record Prices Make Now an Ideal Time to Sell Gold Scrap

Published Tuesday 2nd July 2019

Gold prices are approaching record highs in Pound Sterling terms due to political turbulence, meaning that the summer of 2019 could be one of the best times to sell unwanted gold scrap. The last time prices were this high, it was the summer of 2011.

With prices remaining at such elevated levels, it would be well worth taking stock of any gold scrap you might hold, and seeing how much it’s worth - you never know, it could be worth a fortune, at present gold valuations.

Summer highs make selling gold extra attractive

You might wonder how you can be sure you sell your scrap gold at the right price. Scrap Gold UK knows the answer. We track the market price of gold through the London Gold Fix, ensuring that when you sell your scrap gold to us, you’ll get the right valuation as dictated by market prices.

As of late June 2019, gold prices have jumped to as high as £1,100 per troy ounce. To put this into perspective, gold prices have rarely been this high, so you could be in for something of a major cash boost if you happen to have some scrap gold under your sofa.

At Scrap Gold UK, we provide payment by valuing your scrap gold in relation to market prices at the time of receipt, so make sure to pick a time when you can make the most out of selling your scrap gold.

Wide variety of precious metals accepted

Scrap Gold UK not only accepts scrap gold items. We’re more than happy to take a look at items that are made of silver, platinum, and palladium too. We even accept scrap gold in the form of gold alloys. Got any rose gold or white gold? Don’t worry if it’s not pure gold - it’s still worth something.

When it comes to selling your gold, all you have to do is fill in this simple Seller Form. All we need to know is the most basic contact details, a basic description of the item you wish to send, as well as your preferred payment method.

Getting the price right

We understand the importance of making sure your scrap gold is sold at a fair value. That’s why Scrap Gold UK has its very own Scrap Gold Calculator. If you’re interested in selling, but want to get a quick price check, to see what your scrap gold could be worth, use the calculator to get a good estimate, before even sending a single piece of gold.

All it requires is the item’s weight and carat (or purity). These factors help our calculator produce a fair valuation for your scrap gold.

Scrap Gold UK is based in Wolverhampton, so if you live in the area and wish to sell scrap gold to us, we welcome you to visit us. Before you do visit, make sure to contact us and book an appointment, to avoid unnecessary delays.

If you have any queries about selling scrap gold or scrap items made of other precious metals such as silver, palladium or platinum, feel free to write to us, call us or email us. We look forward to helping you sell your scrap gold in a way that suits you best.