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  • Fri 17 Oct 2025 : We are now paying SPOT on ALL silver bullion.

    Due to exceptional volatility in the silver market, refineries have temporarily paused silver processing. This is the result of silver leasing costs reaching 100%, making short-term refining uneconomical across the entire industry. As a result, we're currently unable to buy SCRAP silver at our usual rates. This situation is beyond our control and is affecting all precious metal dealers, not just us. Please note that our gold buying rates remain completely unaffected and continue as normal.
damaged jewellery

Scrap Gold

Gold Traders is proud to give up-front, clear and honest valuations for unwanted scrap gold, before posting it to us. Unlike many of our competitors, who like to hide the prices they actually pay, we prefer to give our customers the information needed to make an informed decision.

Your scrap gold depends on purity, weight, and the live gold price. All dealers pay a percentage of the live rate, but many won't disclose this figure, often because it's so low. At the top of this page, you'll see the live market rate for the common gold purities. To see the prices we're currently paying, see our scrap gold prices page - These prices are always up-to-date, and we pay what we quote.

We buy all kinds of scrap gold, whether it's a broken chain, a dented ring, a single earring, or a tangled mess of chains. It doesn't need to be wearable or pretty - it just needs to be gold. Even items with missing stones or damaged settings still carry significant value based on their gold content.

At Gold-Traders, we've built a reputation for fairness and transparency. There are no hidden fees or confusing deductions. We test and weigh your gold precisely, notify you of the valuation, and pay the same day. You can post your items securely to us, or if you're near Royal Wootton Bassett or Bodmin, you're welcome to bring your gold in for an in-person assessment, Monday to Friday.

Get a free quote

We pay starting from £89.27 per gram. View all prices we pay.

Sell your Scrap Gold Jewellery
Scrap Gold

Ready to sell your Scrap Gold Jewellery?

If you have damaged, unwanted, or unwearable gold jewellery, we make it easy to turn it into cash. Whether it's been sitting in a drawer for years or was recently written off by a jeweller, we're happy to assess it for its scrap value.

Once we receive your parcel, we test and weigh each item to determine its gold content. Stones, whether diamonds, sapphires, or anything else, are carefully removed during the assessment process. If you'd like your stones returned, we're happy to do so for a small return postage fee, typically £3. Just let us know when sending in your items, and we'll ensure they're returned safely.

We don't charge for testing or refining. If you decline our offer, we return your items free of charge. However, most customers accept, not just because our payouts are among the highest in the industry, but because our service is fast, friendly, and above all, honest.

To get a clear idea of what your items are worth, see our scrap gold prices page, which is regularly updated with our latest per-gram rates for every carat.

Sent your items to a 'cash for gold' competitor?

Use our unique scrap gold calculator, which will clearly tell you whether you're being offered a fair price for your gold.

We also offer a suite of price match tools free of charge, should you need to haggle an offer with one of our free-post competitors.

We buy Gold

Find out how much we'll pay right now
Enter the weight in grams of your items below.

Gold (Au)

Silver (Ag)

Platinum (Pt)

Palladium (Pd)

Your questions answered

We've compiled a list of our most frequently asked questions. If there's something we haven't covered, please call us & we'll be happy to help. Read all FAQs.

The term 'scrap gold' is a generic phrase used within the jewellery industry. It typically refers to any gold item that's no longer wanted or wearable, including broken jewellery, single earrings, gold fillings, or even odd bits like clasps or cufflink backs. The value lies in the gold content, not the condition.

Even if an item is still perfectly wearable, it's still often referred to as scrap. Sometimes, this phrase isn't helpful, especially in circumstances where a relative is disposing of jewellery, formally owned by a loved one. 

Yes. Most jewellery is alloyed with other metals - that's perfectly normal. We'll test each piece using XRF technology to determine its purity and pay you accordingly.

Once sold, the vast majority of gold we buy is melted down. Pure gold is recovered for reuse in bullion and the jewellery trade.

Absolutely! We buy damaged and tangled items all the time. It doesn't need to look good - it just needs to be gold.

Yes, we purchase all dental gold. Individual crowns or small batches can generally be processed on the day of receipt. For larger consignments, we may have to conduct a 'melt & assay' for accuracy. We have a dedicated dental gold page with more details.

There's no minimum. Whether it's a single ring or a handful of broken chains, we're happy to assess it. We also buy large quantities - ideal for jewellers, pawnbrokers, or those clearing estates.

We use XRF (X-ray fluorescence) analysis - an accurate, nondestructive method of testing gold purity that is far more precise than traditional acid testing.

If you decline our offer, your items will be returned to you using Royal Mail Special Delivery. This return service is free of charge. Unlike some of our competitors, we don't 'low ball' our offers and you won't need to haggle.

Subject to you giving us timely authorisation of payment, we will pay you on the day of receipt (Monday to Friday). 

We have a simple gold hallmark wizard that will help you identify the marks on your gold to determine its carat and age.

Top tip: Unless your eyesight is super sharp, you'll need a magnification tool to view the marks on your gold. Modern smartphone cameras can often assist with this.

Please understand that we only pay for the precious metal content and must therefore remove any stones from their mounts. If you would like the stones returned to you, please state this on your claim form.

If you have rings or jewellery set with diamonds that are individually over one-third of a carat in size, your item may be worth more as an intrinsic item. We're in the unique position to be partnered with RWB Auctions, located opposite us in Royal Wootton Bassett. If you'd like a separate valuation for auction, we'd be happy to facilitate this for you.

  • Genuine Valuation

    The prices quoted are the rates we're paying. Beware of companies that send 'free' envelopes.

  • Same day payment

    Visit our secure counter and we'll pay you today. If we receive your gold tomorrow, we'll pay you tomorrow (Monday to Friday).

  • Easy Returns

    If you change your mind within 24 hours, we'll return your items free of charge.