Best gold rate for scrap in Sydney

Discussion in 'Jewellery & Gems' started by Joshtammi, Jul 7, 2016.

  1. Joshtammi

    Joshtammi New Member

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    Interested if anyone knows who pays the best for gold jewellery as scrap in Sydney?

    Is there's master list for different cities? Would be good to set up.

    Cheers
     
  2. Altima

    Altima Well-Known Member Silver Stacker

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    Heard there's a dealer here that pays spot plus 5%.
     
  3. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    here there everywhere
    In Melbourne most places have gone down to 80% if they can get away with it
    But will pay up to 95%
    Only dealers get 100%
     
  4. Joshtammi

    Joshtammi New Member

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    I read in the sales forum someone in Newcastle is paying 106% of spot. Might be worth the drive.
     
  5. Altima

    Altima Well-Known Member Silver Stacker

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  6. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

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    Not correct!
    He is bringing it down to the Goldbuyer located opposite Sydney Town Hall to sell.
    The buyer use to pay spot + 5% for gold scrap, however prices paid nowadays is closer to spot.
    You should be able to negotiate a better price if you have a larger quantity of scrap.
     
  7. mats224

    mats224 Active Member Silver Stacker

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    Took the words out of my mouth. Just noticed there site no longer advertises they pay 105% up until recently was the going rate for any amount to the public...
     
  8. Altima

    Altima Well-Known Member Silver Stacker

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    Guess the rate is closer to spot for gold. Wonder what the Gold Man pays for scrap now. Used to pay 5% over spot not long ago.
     
  9. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Is call promotion!!!
     
  10. pi

    pi Active Member Silver Stacker

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    Does anyone have an update, who is paying the best price for scrap gold in 2022?
     
  11. bubblebobble2

    bubblebobble2 Administrator Staff Member Silver Stacker

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    hereā€¦
     
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