Seller guide
Should you sell your gold now, or is waiting worth it?
Nobody can predict gold prices. You can still make a sound decision based on the factors that matter to you.
Why British Gold Exchange
40+
Years in the precious metals business
£0
Cost to request your free insured postal pack
24h
Maximum time to receive your firm, itemised offer
100%
Of items returned free if you decline
Ready to get a valuation?
The short answer
Waiting carries costs as well as possible gains
The gold price has risen significantly over the long term, but that does not mean it will keep rising. Prices can and do fall. Nobody, including professional fund managers, consistently predicts gold price movements with accuracy.
A more useful question is what waiting costs you. Gold kept in a drawer, uninsured, earns no income and carries a risk of loss or theft. If prices rise further, you gain. If they fall, as they sometimes do, you lose. The result of waiting depends on a price nobody can forecast, and the practical risks of keeping gold at home remain either way.
If the gold has no sentimental or practical use and the money would help you, selling now is a reasonable choice. If you expect prices to rise and are prepared to hold for years, that is a different decision, and it is an investment decision rather than one about gold you are not using.
What affects it
Factors that move the gold price
How it works
From first contact to payment
Request your free pack
We send you a free pack with a prepaid, tracked Royal Mail Special Delivery label, dispatched the next working day. There is no cost and no commitment.
Send your items
Pack your items in the packaging we supply and hand them in at a Post Office. They are insured up to £2,500 from that moment until they reach us.
Receive your offer
A firm, itemised offer arrives within 24 hours of your items reaching us. Every piece is weighed, XRF-tested for purity, and priced against the live spot price.
Get paid
Accept before 3pm on a working day for a same-day bank transfer. Decline and we return every item free of charge.
Common questions
Questions we hear most
Is the gold price at a high right now?
Check the live price on our calculator or on the LBMA website. Any long-term chart will show where today's level sits against recent years.
Will gold prices keep rising?
We do not know, and neither does anyone else. Even professional forecasts of the gold price are often wrong on timing, direction or both. We can tell you what your gold is worth today. Nobody can tell you what it will be worth tomorrow.
Is there any cost to getting an offer without committing to sell?
None. Request a free pack, send your items, receive your offer, and return everything if you decide to wait. The entire process is free and insured.
What if I want to sell only part of my collection?
Our offer is fully itemised, so you can accept payment for individual pieces and have the rest returned. You are never required to sell everything.
I inherited gold years ago and the price has risen a lot. Should I declare this?
Gains on inherited gold may be subject to Capital Gains Tax, depending on its value when you inherited it (the 'probate value') and the sale price. UK legal tender coins, such as Sovereigns and Britannias, are exempt from Capital Gains Tax. We recommend speaking to a tax adviser before selling a significant quantity of inherited gold.
Get started
Find out what your gold is worth at today's price
Get a firm offer based on the live spot price, with no commitment to sell. If you decide to wait, we return everything free.