For a limited time we are offering a special price for 1 gram fine gold bars, these are in great condition.
Sale would not last very long, so grab your investment today!
For a limited time we are offering a special price for 1 gram fine gold bars, these are in great condition.
Sale would not last very long, so grab your investment today!
We are pleased to annouce that new 2023 Britannia’s are now in stock. These coins are from a limited procduction run from Royal mint, featuring the fifth and final effigy of Queen Elizabeth II.
A Britannia coin featuring King Charles III’s first effigy will be released in the new year
One of the frequent questions we get asked is which gold bar should a customer buy? Well, it really depends on your investment budget and individual needs. However, usually people are looking to invest in gold over a longer term than bitcoin or shares or safeguard against inflation and such, what that means is you don’t want a temptation to sell gold too early or get locked into selling a kilo bar worth £40-£50k to release say, just £5k worth of cash!
If you have a investment budget of say £40- £50k you could easily buy 1KG bar, however it might be good to buy a 500gm bar that you wouldn’t easily be tempted to sell and buy a 250gm with 2X100gm and a 50gm bar. Tip is to diversify in terms of weight, so if you have a short term cash deficit then you don’t have to break a big bar of 1kg, you could just sell a 100gm or 250gm bar to get through a short term situation.
You could buy 10X100gm bars, however there smaller the bar more it costs per gram and also it could make it a little too convenient to sell something that you wanted to keep over a longer term. Again it depends on what your individual needs are, there are plenty of customers who choose this option as well and they do get a volume discount when bulk buying.
Another option is to get a secured loan against a gold bar, you should get 70% to 80% LTV ratio and may be the interest spent is worth not loosing an investment asset. J blundell and Sons offers both, we buy your gold and we give out loans against gold, please check out the ‘Borrow’ which covers loans in detail.
Hope this was helpful.
Advice above is generic and you should consult a financial advisor who can advise you about your individual needs.
Selling or Buying Gold in London’s Hatton garden can sometimes be a little overwhelming, so here are a few easy tips to get you the best deal.
You could use your old jewellery to buy investment gold. Ask the shop they can sell you Gold Bullion in Bars or Coins.
It can be a daunting experience when you are trying to sell your unwanted gold, silver or any precious metal jewellery, so we have compiled a quick list for you to get best and fair price.
When selling jewellery, remember that buyer is only buying the precious metal content and hence would not pay for money invested in ‘making’ of the item or any stones, wires or enamel.
We buy all precious metals and pay according to London fix. You can check our price on the website. There are no other hidden charges, and we give multiple payment options including same day bank transfers
And if you don’t want to part with your jewellery but need some money, you can always get a secured loan against it. Check out our pawnbroking and buyback services.
It is one of the most frequently asked questions and quite possibly one of the key misunderstanding in valuation of gold jewellery!
Gold trades live on the market and its price is usually represented as £ per troy ounce of fine gold.
Each ounce has 31.1035 grams and fine gold is 99.9999% pure, hence if gold is trading at say £1,450 per troy ounce then 1 gram of fine gold would be £1,450 / 31.1035 X 99.999% = £46.61 per gram.
You can use this handy web calculator to calculate price of gold in each carat.
Gold jewellery is made in different carats (that is purity or % of fine gold by weight) usually being 9 carat, 14 carat, 18 carat or 22 carat.
Table below shows usual carats in % of fine gold,
Carat | % of Gold |
9 | 37.5% |
14 | 58.3% |
18 | 75.0% |
22 | 91.6% |
So if you have jewellery which is 9 carat, then there would be 37.5% of fine gold in it.
Lets say it weighs 10 grams then it would have 3.75gm (10gms X 37.5%) of fine gold. So, if gold price is £1,450 per troy ounce today then your jewellery would be valued as 3.75gm X £46.61/gm = $174.78