GoldPrices.org.uk is the place to get information on UK gold prices. This resource is provided to give you the best opportunity to buy gold to invest, sell gold you own or learn about gold sovereigns and bullions. We recommend the best ways for you to make money out of your gold or silver, or the best deals to buy gold at the lowest possible price.
Gold prices are rising
The price of gold is increasing faster than ever. The financial crisis has left investors uncertain of the stability of fiat money (UK Sterling, US Dollar etc) and so they offset their risk by purchasing gold. This extra demand for gold has meant that gold prices are rising at a steep rate.
If you are looking to buy gold but are concerned that the price is too high then do not fear! Over the long run gold will always hold its value as it is a precious metal. And gold is also scarce, meaning that the price will increase over a long period of time as supply is limited.
Gold Valuation
Use the hallmark chart on the left hand side to find the number of carats in your gold; then simply click the equals button or press enter to discover the gold price. Happy prospecting!
Predicting the market price of gold
Now is the best time to start predicting the price of gold. The US has always used gold as a way to ‘hedge’ against economic failure. When the economy is going good, gold prices tend to fall, and when the economy hits a rough spot, gold prices rally up very quickly. This is simple demand and supply economics that can help you to predict the market price of gold.
So you really need to ask yourself ‘Which way is the economy moving?’ Gold prices really are determined by the current state, and more importantly, the expected state of the economy. Now this may be a simplified way to predict gold price trends but it can be incredibly effective.
Valuing the price of scrap gold
Selling scrap gold can be incredibly lucrative especially if you need to unlock cash tied up in your gold. Scrap gold can be sold from anywhere between a few UK pounds and thousands. Because scrap gold can be melted down into a malleable form, ‘cash for gold’ businesses are always looking for old gold jewellery like gold watches, gold bracelets and gold necklaces. The price of scrap gold comes down to two very simple properties – the Carat of your gold and the weight of your gold. Some people look at the gold prices per ounce and others look at the gold prices per gram; the UK deals mostly with grams.
1 gram = 0.0352739619 troy ounces
1 troy ounce = 31.1034768 grams
You can value the price of scrap gold for free and online with our calculator at the top of each page.
How to buy or sell gold
Buying and selling gold can be incredibly profitable. Whether you are looking to buy gold to invest in the future or sell gold to become liquid. There are a number of options you have for investing or liquidating gold and our experts on GoldPrices.org.uk have come up with the best methods for buying and selling gold coins, bullions or sovereigns.