"Gold Buyer" price at the shops today.

Discussion in 'Gold' started by brexitbaby, Jul 8, 2016.

  1. brexitbaby

    brexitbaby New Member

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    Depends On Who Is Asking.
    Out at the local shopping mall today.

    I asked the young woman how much for 9ct gold today - shock horror.

    9ct = $8.50 per gram.

    Perth MInt is buying right now = $17.50

    Fair Dinkum
     
    brexitbaby, Jul 8, 2016
    #1
  2. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    Not a coincidence, many of the gold buying popup shops pay almost exactly half what they'd get at a real dealers. That way they don't have to walk far too her their profits.
     
    phrenzy, Jul 8, 2016
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  3. Htu08

    Htu08 Member

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    I actually did some google before I went.
    There are really good shops that offer really good prices.
    I actually sold a bunch of the stuff for spot+2%. (we had this discussion a while back, they get to claim gst back. so they profit like 8%)
     
    Htu08, Jul 8, 2016
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  4. 2nd_Hand_Gold_Man

    2nd_Hand_Gold_Man Member

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    perth mint isnt paying good prices either,,,,,,,fri i sold $8265 of scrap and got 102%................spot plus 2% is very very close to the best prices paid any place in Australia..last month i did over $10,000 in scrap and got and will allways get 102%......look around if you selling scrap.dont pay admin fees,...................
     
    2nd_Hand_Gold_Man, Jul 8, 2016
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