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How do The Gold Guys calculate the value of my gold jewelry or precious metals?

At the time of assessment, the Gold Guys calculate the cash of your precious metals and jewelry based on the following factors:

  •  Each karat value holds a different percentage of gold. Starting with 24k, which is 100% purity, and working it’s way down.  So, depending on the percentage of gold, you are paid based on the London Fix prices each day for 24k (100% purity) gold bullion that trades in the stock market
  • The actual weight of your precious metals and jewelry items are also used in the equation. The more weight you have, the more money you’re likely to receive.