Gold prices are determined by the global gold market, which operates based on supply and demand, economic conditions, inflation, and currency exchange rates. Prices fluctuate daily, influenced by trading activity on major markets such as the London Bullion Market Association (LBMA).
Gold is a globally traded commodity, and its price is affected by factors such as economic news, geopolitical events, inflation rates, central bank policies, and market speculation. As demand for gold increases or decreases, prices adjust accordingly.
You can check live gold prices on our website, where we update rates daily based on the latest market trends. We also offer real-time price alerts for those looking to track gold prices closely.
The spot price refers to the current market price of gold per gram, ounce, or kilogram. The selling price includes additional factors such as dealer margins, processing fees, and purity of the gold being sold.
Gold buyers base their offers on several factors, including the current gold market price, gold purity, refining costs, and their business margin. We ensure that our customers receive the highest possible payout by offering competitive rates.
To sell your gold, you typically need proof of identity such as a government-issued ID and, if applicable, any purchase receipts or certificates for high-value items.
Once sold, your gold may be melted down and refined, then resold as bullion, or it can be repurposed into new jewellery or items, depending on its condition and market demand.
We provide transparent, market-based appraisals and follow industry standards for pricing, ensuring that you receive the highest possible payout based on current gold market conditions.
There is no set limit on how much gold you can sell. However, larger quantities or high-value items may require additional verification for a smooth transaction.
You're under no obligation to sell. If you decide against it, your gold will be returned to you immediately after the appraisal process.
You can easily schedule an appointment by visiting our website and filling out the booking form, or by contacting us directly via phone or email.
Yes, you can sell your gold online through our secure platform, which provides safe shipping options and appraisals without you having to visit in person.
Gold purity is measured in karats (K). The higher the purity, the more valuable the gold. For example: - 24K gold (99.9% pure) is the most valuable. - 22K gold (91.6% pure) is slightly less valuable. - 18K gold (75% pure) contains more alloy metals and has a lower value than 24K or 22K.
Gold prices fluctuate daily. Visit our website for the latest gold price per gram, updated in real time.
For any questions or support, don't hesitate to reach out. We're just a message away!
Hyde Park, Sandton, Johannesburg
info@thegoldchannel.co.za
082 723 0625
Mon - Fri from 8:30am to 5pm (Appointment Only)