Whats In Your Jewellery Box?

How It Works To Sell Unwanted Broken Gold Jewellery, Silver, Coins, Platinum, Palladium and Diamonds

It's FAST and EASY to sell unwanted gold jewelery at KMG Gold Recycling®

Selling Unwanted Gold Depends on THREE Things

1. Purity

How much gold is in it?

Gold rings, earrings, bracelets and chains are made with a certain amount of pure gold in them, combined with other metals. The amount of gold in an item can be defined as the KARAT, for example, 10k, 14k, or 18k, or fineness 417, 585, 750. The same holds true for all precious metals such as silver, platinum, and palladium. Silver, platinum, and palladium are typically stamped with a fineness such as 900, 925, or 950. The PURITY tells us the fraction of how much pure gold is in the item.

2. Weight

How much does it weigh?

The weight of an item combined with the purity tells us the weight of how much pure gold there is in it. For example, if a gold ring is 50 percent pure gold (12 karat), and weighs 10 grams, the item will have 5 grams of pure gold. That 5 grams of pure gold is what we buy from you.

3. Market Price

What is the price of gold?

Now that we know the purity and the weight of the item, we pay you based on the daily MARKET PRICE of gold, silver, platinum or palladium. The market price, or so-called SPOT price, is determined by the world markets. Market prices fluctuate and change every minute of every day. All of the WHAT WE PAY prices on our website are live and update every time you click reload or refresh.

Now you know how it works!