Seller guide
Find out what your gold is worth, free, with a firm offer in 24 hours
Gold has a precise value you can calculate from 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
Estimated market value
£—
Based on the live spot price. Your actual offer depends on condition and purity.
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Ready to get a valuation?
The short answer
Your gold is worth weight × purity × today's spot price
The spot price of gold moves continuously throughout the trading day. The LBMA gold price, a benchmark for the market, is set twice daily. Your gold is worth a share of that price, set by how much pure gold it 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, which is what a reputable buyer will base their offer on.
For jewellery and scrap, condition does not affect the offer, and style and brand rarely change the value unless the piece has genuine collector appeal. A bent 18ct ring is worth almost exactly the same as a perfect one of the same weight.
What affects it
The factors that move your number
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
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
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 do not need to sort, research or label anything before sending.
Does condition affect what my gold is worth?
For jewellery, scrap and dental gold, no. A broken chain, a bent ring or a scratched bangle contains the same metal as a perfect piece of the same weight and carat. For coins and watches, condition can affect value.
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 will actually receive?
The calculator uses the live spot price and your estimated weight and carat. Your offer is based on our measured weight and XRF-tested purity, so it 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, tested valuation in 24 hours
Request your free insured pack, send your items, and receive a firm offer based on XRF-tested purity and the live spot price. There is no obligation to sell.