Close to the gold rate - the price comparison pays off
On our website you will always find an overview of our current buying and selling prices for gold & silver, as well as the prices for specific coins and bars.
Our purchase prices for jewelry made of gold, silver and Co. are based on the general gold price or silver rate. For jewelry made of gold and silver, dental gold remnants or cutlery we currently pay in the purchase depending on the alloy per gram.
Prices in gold buying
Preise zuletzt aktualisiert am 27. September 2023, 20:27 Uhr
With this price info you can - even before you have your pieces professionally appraised - make an initial estimate yourself based on the carat number of your scrap gold as well as the weight of the pieces:
Jewelry is usually made of 585 gold, which is 14 carat, or 750 gold, which is 18 carat. In gold jewelry, the fineness is usually stamped in the form of a hallmark. Both the karat number - e.g. "14 kt." - as well as the fineness in thousand parts, e.g. "585". Such a hallmark can be found on the inside of rings and usually on the clasp of necklaces or pendants.
Basically, the higher the karat number, the higher the purchase price per gram.
Compare the gold purchase prices of several suppliers - also on the Internet
Before you sell your gold, it is always advisable to compare the gold purchase prices per gram beforehand. Ideally, you should obtain the various offers within a few days, as the gold price sometimes fluctuates greatly. Only then are the prices for jewelry, gold coins and gold bars really comparable.
If you are not under pressure to sell, it may also be worthwhile to observe the prices of several gold dealers over a longer period of time. Thanks to the Internet, this is very easy. As a rule, you will find that not every dealer publishes prices on the website and the gold price for jewelry, gold coins -and bars can vary greatly. This is often not a good sign and does not necessarily indicate seriousness.
Current gold rate: How are gold purchase prices determined?
When buying gold, the current gold price is determined on the basis of the purity or gold content of your pieces: For example, for 999 gold (e.g. 1 troy ounce Vienna Philharmonic or a gold bar with 1 ounce) you will naturally receive more money than for old gold or broken gold such as jewelry, which often consists of 14 carat (585 gold = 58.5% gold content).
Dabei macht es keinen Unterschied, ob es sich um Ketten, Ringe, Uhren oder Erbschmuck handelt oder ob sie Rotgold, Weißgold oder Gelbgold besitzen: Das ändert die Goldankauf Preise für Schmuck mit 14 Karat nicht, denn der Goldanteil ist in jedem Fall 585/1000 (58,5%). Neben der Karätigkeit sind für den Ankaufspreis das Gewicht und der tagesaktuelle Goldkurs entscheidend.
In summary, the gold price results as follows:
Weight (gram) x fineness (e.g. 58.5%) x current gold rate in euros.
This principle is also used to calculate the purchase price for pieces of silver.
When is the best time to buy or sell gold?
There are many factors that influence the price of gold and silver. Supply and demand, changing rates between EUR/Dollar, the interest rate policy of the central banks or the mood on the stock exchanges are a few factors that can be mentioned here.
Whether right now is a good time to buy or sell gold is ultimately for you to decide. But we can help you with the advice. Ask in the store for the current gold chart - our staff will be happy to explain all the details.
How do I find a reputable gold buyer?
When comparing several gold dealers, you should not only focus on the purchase price, but also consider other criteria:
- Does the jeweler or precious metal dealer make a serious impression on you?
- Is the appraisal of their pieces free of charge?
- Are there already positive customer opinions on the Internet (google!), based on which you can expect a smooth purchase transaction?
Sell gold at Gold & Co. above the daily rate
You are also welcome to contact us if you want to sell gold. There are various options open to you: While some prefer the personal purchase in one of our branches in Vienna, others prefer to use the convenient gold purchase by mail.
For larger quantities, a purchase by means of a home visit is another option. You are welcome to make an appointment with our expert.
No matter what you have in mind, we at Gold & Co. always advise you free of charge on the purchase and sale of scrap gold, gold coins and gold bars. Of course, even if you set your focus on other precious metals, such as silver, platinum or palladium.
If you have any questions, please feel free to contact us at any time or visit one of our branches in Vienna. Convince yourself of our service! We are looking forward to meeting you.