UK Scrap Gold Prices - Sell Scrap Gold Using Our Calculator: Lois Bullion (2023)

Why sell scrap gold to Lois Bullion?

Although many of our competitors say they are the biggest buyers of gold and pay fair prices, we stand by what we say, we buy and don't hesitate to call us. Most of our competitors pay between80%-90%for scrap gold.We pay up to 98% and certainly not as low as 80%!

UK Scrap Gold Prices - Sell Scrap Gold Using Our Calculator: Lois Bullion (1)
UK Scrap Gold Prices - Sell Scrap Gold Using Our Calculator: Lois Bullion (2)
UK Scrap Gold Prices - Sell Scrap Gold Using Our Calculator: Lois Bullion (3)

So do wepay high fees for broken, discarded and damaged jewelry and un-stamped goldunlike others who pay lower fees for damaged or unstamped items. We will test the gold for purity on site and make our best offer right away in the store or, if you mail your items in, one of our friendly team members will call you back with your quote.

We also buy laminated gold or gold filled items.

scrap calculator

How much is your gold worth?

Sell ​​your gold to Lois Bullion

Step 1

Feel free to call our showroom for a price or use our scrap gold calculator if you know gold weights and purity.

step 2

If you're in the store, we'll evaluate your items on the spot in front of you and make you an offer. If you submit a post to us,fill out our form. And send it with your articles.

Step 3

Please pack your items securely and mail them to us, please ensure you properly insure your items and pack them discreetly.

stage 4

Once we've agreed on a price, either in-store or over the phone, we'll arrange for an immediate bank transfer or issue you a check, if you prefer.

Sell ​​gold from anywhere in the UK!

Our customers come from as far away as Scotland and even Ireland. A large number of our customers travel to our friendly showroom or simply send us their gold from anywhere,London,Birmingham,Scotland,leicester,yorkshireit's includedIreland.

We usually pay the same day by bank transfer after we talk to you after evaluating your items. Usually this process is instantaneous and free.

We pay better than most high street cash gold places so feel free to call us for a price match!

Sell ​​us scrap gold

It doesn't matter what the purity or purity blend of your gold is. We will always offer you the right price for your gold. We can also melt and analyze large quantities of mixed scrap gold to calculate the best possible price.

Unlike some,let's buy any amount of gold, 1 gram or several kilograms. Our team is ready to buy any amount of scrap gold. And we treat you the same, withfairness, courtesy and respect.

we are one ofThe UK's Most Competitive Gold Buyers. That's why even dealers bring in their scrap for us to sell.

The best place to sell scrap gold

We pay the best prices for scrap gold in the UK. If you're looking to sell your scrap gold, our team of experts is ready to help you get the most value for your precious metals. No matter the condition of your scrap gold, we are happy to take a look and offer you the best price you can find anywhere online and in-store.

Lois Bullion is one of the UK's largest buyers of scrap gold. Based in the heart of Birmingham's jewelery district, our team of gold buying specialists aim to pay you the best possible prices for your gold, either in person or if you choose to mail it to us. we even boughtgold sovereigns.

current scrap prices

Accurate numbers as of: March 14, 2023

UK Scrap Gold Prices - Sell Scrap Gold Using Our Calculator: Lois Bullion (4)

current gold prices

  • 9 karat gold scrap -£ 18,38per gram
  • 14 carat gold scrap -£ 28,58per gram
  • 18kt gold scrap -£ 36,76per gram
  • 21 karat gold scrap -£ 42,89per gram
  • 22 carat gold scrap -44,94€per gram
  • 24 karat gold scrap -49,01 £per gram
  • laminated gold -0,25 €per gram

sell my gold

UK Scrap Gold Prices - Sell Scrap Gold Using Our Calculator: Lois Bullion (5)

Current Silver Prices

  • Talk .999 –0,51€per gram
  • Talk .925 –0,47€per gram
  • Talk .900 –0,46€per gram
  • Speak 0.800 –0,41 €per gram
  • Talk .500 –0,25 €per gram
  • Payment 1 Oz –£ 16,63per ounce

sell my money

UK Scrap Gold Prices - Sell Scrap Gold Using Our Calculator: Lois Bullion (6)

Current Platinum Prices

  • Platinum 0.999 -22,20 £per gram
  • Platinum 0.950 -£ 21,30per gram
  • Platinum .900 –£ 20,18per gram

sell my platinum

current palladium price

  • palladium -£ 29,22per gram

sell my palladium

UK Scrap Gold Prices - Sell Scrap Gold Using Our Calculator: Lois Bullion (7)


  • Krugerrand complete -£ 1532,48
  • Medio Krugerrand -£ 766,24
  • Cuartos Krugerrand –£ 383,12
  • 1/10 Krugerrand –£ 153,25

Launching my Krugerrands

UK Scrap Gold Prices - Sell Scrap Gold Using Our Calculator: Lois Bullion (8)


  • Double Sovereigns -£ 721,75
  • complete sovereigns -£ 360,42
  • sovereign media -£ 180,21
  • Sovereign Quarters –£ 89,88

sell my sovereigns

UK Scrap Gold Prices - Sell Scrap Gold Using Our Calculator: Lois Bullion (9)

24 karat gold bars

  • kilo of gold bars£ 49270,18
  • 1 ounce gold bar -£ 1532,48
  • gold bar 100 grams -£ 4.927,02
  • gold bar 10 grams -492,70 £
  • 1 gram bar -£ 49,27
  • Any other size -£ 49,27per gram

Sell ​​my gold bars

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get oneBOOKsupplier package

We will send you a prepaid envelope with instructions on how to safely ship your items to us.

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We buy all kinds of scrap gold
  • Nine carats (9ct) contrast markedgold scrap
  • Nine carats (9ct) without trademarkgold scrap
  • Fourteen carat (14 carat) gold marked scrap
  • Fourteen karat (14 karat) unmarked scrap gold
  • Trademarked Fifteen Karat (15 Karat) Gold Scrap
  • Fifteen karat (15 karat) gold scrap without punctures
  • Eighteen carat (18 karat) gold scrap with trademark
  • Eighteen carat (18 karat) gold scrap without punctures
  • Twenty-two karat (22 karat) scrap gold contrasted
  • Unmarked twenty-two karat (22 karat) gold scrap
  • Twenty-four carat (24 carat) marked gold scrap
  • Unmarked twenty-four karat (24 karat) gold scrap
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do you have questions?

see ourcommon questions, visitorsin stockor contact us at

0121 212 1715 general inquiry form

41 Frederick Street, Birmingham, B1 3HN

Situated close to Birmingham city centre, in the heart of the famous jewelery district. We are one of the UK's largest buyers of gold, scrap, coins and gold.

showroom hours
Monday 09:00 - 17:00
mars 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00
Saturday 09:30 - 14:30
domingo Cerrado


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Free on-site parking

Unlike most gold stores in Birmingham, we offer our customers free parking while visiting the store. Parking can be accessed to the left of the store, just before the Subway.

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What is the scrap price of gold UK? ›

Now paying £17.99 per gram for 9ct Gold.
Compare Market Rates.
Price per gram of 9 carat gold
Cash For Your Gold£17.99
Top Dog Scrap Gold£15.00
Best Price for Gold£15.00
5 more rows

What is scrap gold selling for? ›

Scrap Gold
PurityPrice Per GramPrice Per Penny Weight
18K Gold$43.23$67.24
.900 Gold$52.87$82.23
22K Gold$53.77$83.63
24K Gold$59.08$91.88
4 more rows

How much do you lose when you sell gold? ›

When you sell gold coins or bars, you should expect to receive at least 90% to 95% of the current market value. But with gold jewelry, you're likely to get only 70% to 80% of the melt value.

What is the best way to sell old gold? ›

Here are the top 5 companies that pay you instant cash for gold:
  1. Muthoot Gold Point: Muthoot Gold Point is a division of Muthoot Exim that provides a simple way to sell your old gold and avail of cash instantly. ...
  2. Akshaya Gold Company: ...
  3. Attica Gold Company: ...
  4. Abaya Gold Buyers: ...
  5. DGold:

How much is 1 ounce of gold worth UK? ›

Gold Bullion Bar 1 Ounce
Weight:Spot Price:Buy Price:
1.00 oz£ 1,566.72£ 1,630.96

How much is an ounce of gold in UK? ›

Gold Price Per Ounce
1,566.201,577.8041.39 (+2.71%)

How is gold measured to sell? ›

The weight of gold is measured in troy ounces (1 troy ounce = 31.1034768 grams), however its purity is measured in 'carats'. 'Caratage' is the measurement of purity of gold alloyed with other metals. 24 carat is pure gold with no other metals.

How do you calculate scrap gold price? ›

For each group of gold, divide the karat by 24, then multiply that number by today's gold price per gram. For example, if you have 10K gold and the current price of gold is USD$1,600 per ounce or USD$51.45 per gram ($1,600/31.1), then the price of your scrap gold is USD$51.45 x . 4167 = USD$21.44 per gram.

How is scrap value calculated? ›

Scrap value is the worth of a physical asset's individual components when the asset itself is deemed no longer usable. After a long-term asset—such as machinery, vehicle, or furniture—has gone through its useful life, it may be disposed of. Scrap value is also known as residual value, salvage value, or break-up value.

Should I pay tax if I sell my gold? ›

Any profit realised from the sale of a capital asset, such as gold or property, is referred to as a capital gain and is categorised as an income that is liable to be taxed by the government.

Do you get taxed when you sell gold? ›

Tax Implications of Selling Physical Gold or Silver

Holdings in these metals, regardless of their form—such as bullion coins, bullion bars, rare coinage, or ingots—are subject to capital gains tax. The capital gains tax is only owed after the sale of such holdings and if the holdings were held for more than one year.

How much gold can I sell without reporting? ›

For sales of gold bars and rounds to be considered reportable, every individual piece of bullion must have a fineness of at least .995 and the total purchase quantity must be 1 kilo (32.15 troy ounces) or more.

What is the easiest gold to sell? ›

Gold bullion is the easiest type of gold to sell as it is already in the form that can be then be sold on – it doesn't need to be melted down. Because it is in an easy-to-use format, it also means that you will get the highest value possible for the gold.

Does Old gold lose value? ›

Most possessions will reliably decrease in value over time – but fine jewelry is different. Like fine wine, jewelry tends to age well. Although the value of precious metals fluctuates over time—and even from one day to the next—gold jewelry often increases in value.

How to sell 1 oz gold bar? ›

Your best bet among all options is to sell your gold to a professional bullion dealer. This may simply be one of your local coin shops. Professional dealers will pay you more for your gold than any of the alternatives. They are also by far the safest and most secure place to sell gold.

How many grams in an ounce of gold UK? ›

How many grams does an ounce of gold contain? There are 31.1034768 grams in an ounce of gold to be more precise than above.

How many grams is an ounce of scrap gold? ›

A troy ounce is a measurement commonly used to weigh the gold bullions that are traded on the global marketplace. There are 31.1035 grams in a troy ounce.

How much is 10 grams of gold in the UK? ›

10 gm Gold Bar (LBMA)
QtyUnit Price
1 - 10£562.24
11 - 19£558.02
20 - 49£556.62
50 - 99£553.81
1 more row

How much is gold selling per oz? ›


How much is 1 oz of gold in US dollars? ›

1 XAU = 1,908.229728 USD Mar 14, 2023 08:25 UTC

The currency converter below is easy to use and the currency rates are updated frequently.

How do pawn shops determine value of gold? ›

Gold and Jewelry

Although pawn shops do not generally establish a fixed minimum value on any item, they'll often use a percentage as a baseline for determining the value of gold. suggests that pawn shops generally pay a melt value of 70 to 85 percent of current precious metal prices.

Which country gold is best quality? ›

Hong Kong, China

It also amongst the most active markets for gold trading across the globe and is a rate setter for many places. Considering this dominant position of Hong Kong, purchasing gold jewelry in high quality from there could a good deal. The goldsmiths there are popular for their creative designs.

How much is 14 karat scrap gold worth per gram? ›

Karat Kalculator is for estimating approximate values only.
Today's Gold Prices.
Per Gram
2 more rows

What is 14K scrap gold worth? ›

GRAMS ScrapGold Price per Gram [USD] in United States dollarLow
GRAM 18K45.9045.87
GRAM 14K35.8035.78
GRAM 10K25.5225.50
GRAM 6K15.3015.29
3 more rows

What is scrap formula? ›

The formula for calculating scrap rate is: Scrap rate = (number of scrap items ÷ total completed items) x 100.

What is a good scrap rate? ›

Ideally, a roll forming system should produce parts at a scrap rate of 0-5%. If your scrap rate is higher than 5%, efforts should be taken to investigate the causes and to take corrective actions. The main causes for scrap are: Quality or consistency issues with the incoming material.

What is scrap value math? ›

Scrap value is the market price that can be obtained for the individual components of an asset. This value is derived when the owner of an asset is deciding whether to incur costs to maintain it or to stop maintaining it, tear it down, and sell the parts.

How do I report gold selling on my taxes? ›

Capital Gains Tax

The IRS considers any profits a customer gains through the sale of their precious metal assets as taxable and is subject to "capital gains" taxes. "Capital gains" refers generally to any profits that resulted from the sale of property or an investment.

Is gold purchase tracked by government? ›

Jewellers are to keep track of the total cash purchase made by a customer's during the year, to check if it exceeds the threshold limit of Rs 2 lakh. What's more, the income tax department will keep a close tab on each jeweller to see if any such purchase is going unreported.

How much gold can be kept at home? ›

According to the CBDT's most recent circular, men, regardless of marital status, are only allowed to possess 100 g of real gold in the form of jewelry and ornaments. Married women are allowed to possess 500 g, unmarried women 250 g, and men 500 g.

How much gold can I sell without reporting UK? ›

You must issue an invoice for: each sale involving exempt investment gold which exceeds £5,000. smaller transactions if the total value of sales to that customer has exceeded £10,000 in the last 12 months.

How can I sell gold without paying taxes UK? ›

Buy CGT-free gold

They are classed as legal currency and so CGT is not chargeable. Any coins produced by the Royal Mint are classed this way. This means that if you hold coins classed as legal tender then you are able to make unlimited profits, tax-free.

How do you avoid taxes on gold? ›

If you sell an investment less than 12 months after buying it, the IRS considers it a short-term capital gain. These are taxed with ordinary income, meaning that your profits won't qualify for the special, lower capital gains tax brackets. To avoid this, sell your investments after at least one year, if possible.

Do you need papers to sell gold? ›

You can technically sell gold without a hallmark or other markings as long as the buyer doesn't object or, as mentioned above, your gold is pure.

Why are Krugerrands illegal? ›

During the 1970s & 1980s, economic sanctions were held against South Africa for its policy of apartheid. Buying Krugerrands during these times could be seen as approval of the practice, and so some Western countries such as Great Britain made the Krugerrand an illegal import during these times.

How can I sell gold without getting ripped off? ›

How do you not get ripped off when selling gold? Take photos of your jewelry before shipping it. And send it insured with a delivery method that proves the company received it. Another option is to sell via an online consignment shop.

What is the best day to sell gold? ›

Some of the best times to sell gold are right before Mother's Day, Father's Day, Valentine's Day, and Christmas. You may also be able to get a good price for your gold if you sell it during the summer months, as many people take vacations during this time and may be looking to spend money on jewellery for their trips.

Is having gold better than cash? ›

Gold could be far more efficient than cash at storing wealth. Interest rates remain low, meaning that your money in the bank “earns virtually nothing,” reports CNN Money. When you account for inflation, that cash may have actually lost value. Gold is recognized as a having a long-term record of stability.

Who owns the most gold privately? ›

National holdings
RankCountry/OrganizationGold as % of forex reserves
1United States74.6%
International Monetary FundN/A
37 more rows

What attracts gold? ›

So a strong magnet will attract gold ever so slightly and will also repel it.
Properties of Gold:
  • It's atomic number is 79- so it has 79 electrons.
  • It is soft and malleable.
  • It is one of the least reactive chemical elements.
  • It is resistant to most acids.
  • It dissolves in alkaline and mercury.

What year was gold the cheapest? ›

According to the chart, US dollar gold prices and values were cheapest in the year 2000 and most expensive in late January 1980.

Can old gold be sold? ›

If you are looking to sell an old jewellery piece, then make sure you have the old invoice. Head to the same jeweller to sell the piece with the invoice and you would have a better chance of getting cash in return for the jewellery.

What is the best way to sell gold bullion? ›

Selling to an Online Dealer. One of the safest methods to get a good price is to sell your bullion online to one of the major online bullion dealers who have proven track records and business systems in place.

How much can I sell 1/10 oz gold coin? ›

1/10 Oz American Gold Eagle Coin, Old Style (Dates Our Choice) Sell to Us Price: $211.73 each. Alert me when in stock! Sell to Us Price: $211.73 each.

How much is a 1 pound gold bar worth? ›

A pound is 14.7 Troy ounces. One pound = 14.5833333 Troy ounces. So one pound is $ 21,874.99 for pure gold.

How much is gold in the UK today? ›


How much is 5 g of gold worth in the UK? ›

Buy 5g Gold Bars | - From £286.50.

What is 1 gram of gold worth? ›

Gold Price - One Gram - Last Week

How much gold is in a British pound? ›

The sovereign is a British gold coin with a nominal value of one pound sterling (£1) and contains 0.2354 troy oz of pure gold.

How much does 1 oz of gold sell for? ›

Monex Live Gold Spot Prices
Gold Spot PricesTodayChange
Gold Prices Per Ounce$1,912.00-2.00
Gold Prices Per Gram$61.47-0.06
Gold Prices Per Kilo$61,470.80-64.30

How much is 24 karat gold worth UK? ›

Scrap 24ct Gold Prices
Weight (g)Per gramPer ounce
500g or more£47.40£1474.30
101 - 500g£46.90£1458.75
21 - 100g£44.91£1396.86
0 - 20g£37.42£1163.89

What karat gold is sold in UK? ›

The minimum caratage for an item to be called gold varies by country. In the US, 10 carat is the legal minimum accepted standard of gold caratage, 14 carat being the most popular. In France, the UK, Austria, Portugal and Ireland, 9 carat is the lowest caratage permitted to be called gold.

How much is 9 carat gold per gram in the UK? ›

Scrap 9 Carat Gold Prices
Weight (g)Per gramPer ounce
500g or more£17.55£545.87
101 - 500g£17.37£540.27
21 - 100g£16.63£517.25
0 - 20g£13.86£431.09

How much is 5 grams of gold worth in us? ›

5 Gram Gold Bar, . 9999 Pure (Brand our Choice) Sell to Us Price: $304.96 each. There is currently an online order maximum of 100.

How much is 1000 g of gold worth right now? ›

1KG Gold Bars Best Value | BullionByPost® - From $63,263.

How much is 2.5 g of gold cost? ›

2.5 Gram Gold Bar, . 9999 Pure (Brand our Choice) Sell to Us Price: $155.96 each.

How much is 10 grams of gold worth in US dollars? ›

9999 Pure (Brand our Choice) Sell to Us Price: $603.17 each. Sell to Us Price: $603.17 each.

How much is a gold bullion worth? ›

Gold Bullion Bar 1 Ounce
Weight:Spot Price:Buy Price:
1.00 oz$ 1,904.51$ 1,982.59

What would 1 lb of gold be worth? ›

The current gold price per pound as of 2022 is $22,372.00.

The type of gold you are purchasing, the karat rating, and the form of gold (such as bullion or scrap) all affect the price you pay.


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