Sell Gold UK: Complete Selling Guide

Get the best prices for your gold with our comprehensive guide to selling gold in the UK. Find trusted gold buyers, understand current market rates, and maximize your gold's value.

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How to Sell Gold in the UK

1Identify Your Gold

Check hallmarks for purity (9ct, 14ct, 18ct, 22ct, 24ct). Look for stamps like 375, 585, 750, 916, or 999.

2Weigh Your Gold

Use accurate scales to weigh in grams. Separate by purity - don't mix different carats together.

3Get Multiple Quotes

Contact several gold buyers to compare offers. Reputable dealers will provide written quotes.

4Complete the Sale

Choose the best offer and complete the sale. Payment is typically immediate or within 24 hours.

What Gold Can You Sell?

Gold Jewelry

Broken chains, single earrings, old rings, bracelets, and unwanted jewelry. Even damaged pieces have value based on gold content.

Typical payout: 70-80% of spot price

Gold Coins

Sovereigns, Krugerrands, Maple Leafs, and other bullion coins. Some rare coins may have numismatic value above gold content.

Typical payout: 85-95% of spot price

Gold Bullion & Bars

Investment grade gold bars from recognized refiners. Higher purity gold typically commands better prices.

Typical payout: 90-98% of spot price

Dental Gold & Scrap

Dental crowns, bridges, and other scrap gold items. Value depends on purity and weight.

Typical payout: 60-75% of spot price

Current UK Gold Prices

9ct Gold

£20.50/g

37.5% pure

14ct Gold

£33.25/g

58.5% pure

18ct Gold

£42.75/g

75% pure

22ct Gold

£52.00/g

91.7% pure

Prices updated daily. Actual dealer prices may vary.

Tips for Getting the Best Price

  • Shop around: Get quotes from at least 3-4 different gold buyers
  • Know the spot price: Check current gold prices before selling
  • Separate by purity: Don't let dealers mix different carats together
  • Check credentials: Look for established businesses with good reviews
  • Timing matters: Gold prices fluctuate - track trends before selling
  • Avoid postal services: Face-to-face transactions are generally safer and more transparent
Gold Market Insights

Current Trend

Gold prices showing steady growth amid economic uncertainty

Best Time to Sell

Consider selling when prices are at local peaks or when you need the funds

UK Market

Strong demand from 242 verified gold buyers across the UK

⚠️ Avoid Scams
  • • Never sell to door-to-door buyers
  • • Avoid "gold parties" with pressure tactics
  • • Get written quotes before agreeing
  • • Check business registration and reviews
  • • Be wary of postal gold buying services

Find Trusted Gold Buyers Near You

Browse our network of 242 verified gold dealers across the UK. All dealers are vetted for legitimacy and customer service.

Find Gold Dealers Near You

Get your location or select a city to find the closest gold dealers

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Frequently Asked Questions

How much gold do I need to sell?

Most gold buyers accept any amount, from single pieces of jewelry to large collections. There's typically no minimum weight requirement.

Do I need ID to sell gold?

Yes, UK law requires valid photo ID (passport or driving license) and proof of address for all gold purchases over £500.

How quickly do I get paid?

Most reputable dealers pay immediately for in-person transactions. Bank transfers may take 1-2 business days.

What about capital gains tax?

UK sovereigns and Britannia coins are CGT exempt. Other gold sales may be subject to capital gains tax if profits exceed the annual allowance.