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.