When there is unrest and change in the world, there can often be fluctuations in global currencies. A dip in the performance of the US dollar can often result in a spike in gold prices. This is just one of the reasons that gold prices can rise. Understanding the current market and know what’s driving prices can help you to answer the question ‘Is there a good time to sell gold?’ With gold prices currently at or near a high, it could be a good time to release your investment and sell gold in London.
What type of gold can I sell?
Jewellers work with many different types of gold – and there are many to choose from. Whether you want to sell a gold ring or sell a gold bangle, a reliable London jeweller will view your piece and offer you a valuation. When placing a price on gold, it’s purity and weight that matters. Gold is measured in karats (k) and typically marked as 9k, 14k, 18k, 22k, or 24k. The higher the karat, the more valuable the gold content is.
As well as gold jewellery, jewellers are keen to review any gold coins that you want to have valued. When wondering how much do gold coins sell for, it depends on the size and condition of the coin. It can also depend on the origin of the coin. As you would expect, gold coins come from all over the world, with some more popular than others.
Coin collectors are constantly on the lookout for the next addition to add to their collection and there is a strong market for Kruggerrand coins for sale. If you are planning on selling a Krugerrand gold coin, you’ll find that a London jeweller will be able to source a buyer with ease. If you would prefer a digital valuation and want to sell gold coins online, many jewellers – including Suttons and Robertsons – offer an online valuation service.
If you are preparing to sell rare gold coins, it is likely that you will attract a stronger valuation than for more common coins, but gold will always have a market.
Where to sell gold in London?
That’s a great question! A global city, London boasts a range of options if you’re looking to sell gold coins, or gold jewellery. It’s is worth seeking out high street jewellers as well as online gold buyers to get a range of valuations on your gold. You can also speak with an independent appraiser to get a valuation on your gold. There is always the option of requesting a valuation from a range of different providers and comparing offers to ensure that you get the best deal on offer.
Arguably, the best place to sell gold in London is with a trusted jeweller, where you could access cash for gold. If you have a selection of gold pieces that don’t form a collection, you could also speak to them about scrap gold prices. It’s worth shopping around reputable jewellers as they base their gold prices on the current live gold price and buy your gold by weight.
You may also have gold jewellery to sell, which jewellers can resell through their retail shops or online shop. Jewellers will value gold in any form, but they’re especially interested in gold jewellery, from esteemed brands like Cartier and Bulgari. You can visit the trusted high-end jeweller, Suttons and Robertsons, for a valuation, with funds paid into your account or cash offered on the same day. For sellers outside London, Suttons and Robertsons have a superb courier service option. Simply request a tracked pack that will arrive next day and send your gold securely for valuation. Accept the offer and you can have funds in your account on the same day.
How to sell gold in London
Ready to sell gold in London? As with getting a valuation, you can sell gold or sell gold coins to a jeweller or pawnbroker in person in London. You could also sell gold jewellery remotely, with an auction house, or even sell gold online. Selling gold in London to a jeweller gives you a quick and reliable expert sale. Working with trusted jeweller, Suttons and Robertsons, allows you to access their full range of valuation and sales processes. In addition to their three London retail shops, you can also work with Suttons and Robertsons through their online platform.
Not sure if you want to sell your gold?
There is another smart, fast and trusted way to release the value in your gold without losing ownership of your gold. Pawning your gold means that you can get a loan against gold for a period of time – usually up to six months – and your gold will be returned to you when the loan is repaid at the end of the loan agreement term. Pawnbroking is an ancient form of loaning and is regulated by the Financial Conduct Authority (FCA) in the UK. Any gold held by a pawnbroker during a loan period is stored securely with ownership retained by you. A pawn loan against your gold assets, jewellery and gold coins is a great option if you want to leverage the value of your gold without selling it totally.
