Seller Guide

Find out exactly what your gold is worth — free, with a firm offer in 24 hours

Gold has a precise, calculable value based on three numbers. We show you how to work it out — then give you a guaranteed offer based on it.

Gold Price Estimator

Based on today's live spot price

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Ready to get a valuation?

The short answer

Your gold is worth weight × purity × today's spot price

Gold has a market value that changes by the minute and is the same everywhere in the world. The London Bullion Market Association (LBMA) publishes a benchmark price twice daily; everything else is based on it. Your gold is worth a fraction of that price determined by how much pure gold it actually contains.

The formula is straightforward: take the weight of your piece in grams, multiply by the purity factor for its carat (9ct gold is 37.5% pure, so 0.375; 18ct is 75% pure, so 0.75), then multiply by the current gold price per gram. The result is the intrinsic metal value — what a responsible buyer will base their offer on.

Condition, style and brand rarely change the value unless the piece has genuine collector appeal. A bent 18ct ring is worth almost identically the same as a perfect one of the same weight.

What affects it

The factors that move your number

Carat (purity)9ct, 14ct, 18ct and 22ct are the common UK carats. Each has a precise purity: 37.5%, 58.5%, 75% and 91.6% respectively. Higher carat = more gold per gram = higher value.
WeightMeasured in grams or troy ounces. A 5g 18ct ring contains 3.75g of pure gold. A 20g 9ct chain contains 7.5g. Weight is easy to check on any kitchen scale.
Spot priceThe live LBMA benchmark, updated by the second. Today's price determines today's value. Gold moves with inflation, dollar weakness and geopolitical risk.
Buyer's rateNo buyer pays 100% of spot — they deduct for their costs and margin. A fair buyer will pay 90–97% depending on item type. We publish our rates clearly.
Form of goldBullion coins and bars attract rates closest to spot (97%). Jewellery typically achieves 90–95% because it requires assay and processing.
HallmarkUK hallmarks confirm purity officially. Pieces without a hallmark aren't worthless — they are XRF-tested — but the assay is our primary reference.

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

How it works

From first contact to payment

01

Request Your Free Pack

We post a fully insured, tracked Royal Mail freepost envelope. No cost, no commitment required.

02

Send Your Items

Use our supplied packaging and post your items. They are covered by our insurance from the moment you drop them at the post office.

03

Receive Your Offer

A firm, itemised offer arrives within 24 hours. Every piece is weighed, XRF-tested for purity, and priced against the live spot price.

04

Get Paid

Accept and receive a same-day bank transfer. Decline and we return every item free of charge — no questions asked.

Common questions

Questions we hear most

Do I need to know the carat before sending?

No. Our XRF analyser determines the exact purity of every piece independently of any markings. You don't need to sort, research or label anything before sending.

Does condition affect what my gold is worth?

Almost never. A broken chain, a bent ring, a scratched bangle — the metal content is identical to a perfect piece of the same weight and carat. Condition only matters for watches and numismatic coins.

My jewellery has stones — does that add to the value?

Diamonds and gemstones are assessed separately and can increase your total offer. We report on all stones above 0.25ct in our itemised offer letter.

Is the calculator figure what I'll actually receive?

The calculator uses the live spot price and your estimated weight and carat. The actual offer is based on our verified XRF weight and purity — it will be accurate but may differ slightly if your estimate was approximate.

Can I sell just one piece?

Yes. We accept individual pieces from a single ring upwards. There is no minimum weight or value.

Get Started

Get a precise, verified valuation in 24 hours

Request your free insured pack, post your items, and receive a firm offer based on XRF-tested purity and the live spot price. No obligation to sell.

0800 014 8323