What to do with unwanted gold?

For people struggling to make ends meet or looking to scrape some money together for a holiday forget car boot sales and washing cars, the unwanted gold locked away in the drawer of your dressing table could be one of the ways to earn extra money. The price of gold has been at its peak recently because of a number of different factors. One factor is the weak US Dollar and threat of inflation which traditionally sees investors look to their tried and tested "safe haven" of gold as way to to protect their money. Another factor is the very low interest saving rates currently being offered by banks pushing people to look for profitable and low-risk investments like gold.

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Where to sell unwanted gold

Jewellers and pawnbrokers

It appears as though there has never been a better time to sell unwanted gold jewellery or gold bullion coins. The question is where to sell gold jewellery that you no longer want. When people think about selling gold jewelry one option they usually go for is a high street jewellers or a pawnbrokers.

Postal Gold

However, there are now a number of other businesses, like Postal Gold, looking to buy gold scrap and unwanted gold jewellery from people and will then melt it down and refine it. Postal Gold is looking to buy unwanted gold jewellery and offers you a price based on the weight and fineness (carat) of the gold contained within your old gold. In addition to gold jewellery and gold scrap, we buy gold bullions coins like Krugerrands and American Gold Eagles, dental gold and gold bars.