In 2025, gold prices have reached record-breaking highs, recently surging past $5,000 AUD per ounce. This historic rally has taken place amid ongoing global uncertainty, inflation fears, and increasing demand from both central banks and everyday investors. If you’ve ever considered selling gold, there has truly never been a better time. At Brisbane Gold Brokers, we’re making sure locals don’t miss out – paying the highest prices for gold with no appointment required. Continue reading
Australia Day is just around the corner, and while many will be enjoying barbecues and beach trips, we’re here to help you make the most of the long weekend in another way—by offering the highest prices for your gold and silver. This Australia Day long weekend, Brisbane Gold Brokers will be open on Monday, January 27th, the public holiday, so you can sell your gold and silver or even buy gold bullion. Continue reading
2025 is shaping up to be a fantastic year for selling gold, with market prices holding strong and demand for precious metals remaining high. If you’re in Brisbane and looking to cash in on your gold or silver, there’s no better place to visit than Brisbane Gold Brokers, located inside the iconic Louis Vuitton building on Queen Street Mall. Continue reading
As the US election approaches, investors and precious metal enthusiasts alike are keeping a close eye on the potential impact on the gold and silver markets. Historically, major political events like the US election can lead to significant fluctuations in these markets. For Brisbane investors and those looking to sell gold or buy silver, understanding these dynamics can help in making informed decisions. Continue reading
As Queenslanders prepare to head to the polls on Saturday, 26th of October, the focus is largely on two names: Labor’s Steven Miles and the Liberal National Party’s David Crisafulli. While political debates and promises fill the air, there’s another important topic that many Queenslanders should be thinking about — buying gold. The upcoming state election may bring changes, but one thing that remains constant is the stability and value of gold. Whether you’re looking to sell gold, invest, or simply learn more about the process, Brisbane Gold Brokers is your trusted gold dealer. Continue reading
We’re excited to announce that Brisbane Gold Brokers is now on TikTok! 🎉 Follow us at @gold_buyers for all things gold—directly from Brisbane’s highest rated Gold Buyer and Dealer. Whether you’re an experienced investor or new to the world of gold, our TikTok account is your new go-to source for live gold prices, expert tips, special offers, and the latest news in the gold market. Continue reading
Spot gold prices are boasting increasing value and large gains with gold prices rising amidst the China-U.S trade scenario, which has gold investors potentially considering whether to hedge bets and hold onto gold or sell. According to CNBC, spot gold prices as of late June 2019 were already showing rising value with 0.3% increase to roughly $2085.00 AUD (per ounce), with prices showing an accumulated 8.3% increase for the entire month.
As of August 20, 2019, the spot price for gold stands at an impressive $2212.31 AUD (per ounce), which is an increase of 6.1% since June’s already remarkable progress. According to Rolling Stone Magazine, U.S President Donald Trump is suggesting we’re not headed for a recession either. This is good news as it promotes the opportunity for considering selling gold items based on the economy presenting a relatively stable and predictable state, to capitalise on return-on-investment opportunities such the current higher gold prices. For general public, those items you are holding could include gold bullion, gold rings and bracelets and other gold items- it could certainly be an ideal time to consider selling.
The trade war between the U.S and China puts a negative spin on liquid assets, which could become devalued as a result of anticipation of trade risk between the two nations, and specifically its impact on the economy, companies, and on assets such as economy trade capital, housing and fragile investments such as the sharemarket and company bonds. As a result, the surety of gold has found favour in the market and its price rapidly finding growth, where during these uncertain times, it becomes of interest for tangible investment options, and thus its value increases.
Here at Brisbane Gold Brokers, the fluctuations and indeed rise in the spot price of gold is a return we honour by passing it onto our customers being both business and general customers. We understand the needs of both selling and holding gold items, and are here to help our customers in whichever direction they wish to proceed. Our knowledge and expertise rests on the shoulders of generations of experience.
Recently, there’s been a lot of volatility in the stock and amongst the commodities markets. Between Friday and today, there have been stock levels on the Dow and ASX that have experienced substantial declines, losses comparative to those not seen over the past 2 years. The Japanese Nikkei 225 tumbled, leading the Australian market at 2.6% and the US market at 1.6%. This comes just after the US economy showed strengthening and global exchanges such as the Australian dollar followed suit, moving to US80.5c as the Euro found support – directly influenced by the US dollar.
Gold has experienced it’s share of setbacks too over the past 2 weeks, with commodities being directly influenced by trade markets. Stabilising prices amongst crude oil suppliers were however favourably found, with West Texas in the US stabilising at prices above $US65 a barrel. Commodity pricing was influenced by the stabilising US dollar and the spot price regained composure at $US1350, falling short of a 2 and a half year high.
Here at Brisbane Gold Brokers, we try to help our customers find the right time to sell, and when the market takes a dive, we endeavour to support the highest payouts as we’ve always done, while compensating as best we can for lost margins. If you have any questions around spot pricing, market volatility, influencers in commodity pricing, and of course, wish to bring your gold in for valuing, simply call Brisbane Gold Brokers directly on 1300 88 79 02 or pop in to your nearest branch.
Due to the falling commodity prices and trade, Australia’s Reserve Bank moved Australia’s interest rate down to 2 percent earlier this month. Occasionally some of our clients ask us around an interest rate change how it affects the price of gold and if so, how to maximise the return.
Valuing gold is actually quite complicated and the most difficult compared to other commodities. Some experts have often said there is usually a pattern between interest rates and gold prices, however, people should not use that pattern or similarity as a guide due to the complex nature of gold values!
Some factors that can affect the price of gold include:
– The Australian dollar, which is affected by factors such as labour, manufacturing, inflation, consumer and business confidence and many other factors.
– Unemployment. One of the most important parts of the Australian economy is employment. Looking at trends overseas, the gold price has typically gone up when employment levels have gone down. This has not always been the case (especially Australia), however the data is an important sign of how the economy is performing.
– News, events, disasters. Major events such as disasters, even changes in government can have an affect on the price of gold. Tensions between countries also have affects.
– Deflation, inflation. Strong inflation usually means strong economic growth and the Reserve Bank may increase the interest rate to slow it down a little bit. Does this effect the price of gold, its another factor, so yes.
– Financial crisis. After the 2008 financial crisis, the price of gold grew a lot in various countries, including Australia. Why did the price increase so much? There are many factors, including the above!
At Brisbane Gold Brokers, we always follow the latest gold prices using a combination of industry-leading sources, our experienced gold economists and our innovative, proprietary system. When you see our gold price board on our homepage, you are seeing the most up to date gold prices in Australia! Our backend system works around the clock to ensure our website only displays the most accurate information possible.
When you’ve got gold that is old or broken or just doesn’t hold any longer that same sentimental value that it once did, you may consider repurposing that gold by selling or trading it in for it’s inherited cash value and using that money to support a goal or purpose that’s closer to your heart. Being Christmas time, you may choose to sell your gold and use the income to buy Christmas presents for the family, put an extra payment on a loan, treat yourself to a holiday or even give the money to charity to support another cause that you can feel good about. At any point during this process, it’s important to be informed of your gold’s characteristics before you go ahead with a transaction with a a buyer or broker (learn more about a gold broker here). One important characteristic we’re talking about here is the Karat value of your gold (your gold items gold purity), and discovering it for yourself.
A gold value (in Karats) along with the weight and current spot price are the main determinants of the cash price value of your gold – and ascertaining the karat value yourself isn’t that difficult. By simply knowing where to look and with a keen or discerning eye, after just a little bit of searching on the surface of your gold items – and then relating the found code, hallmark or stamp back to it’s Karat reference – you’ll soon have the answer. Gold rings as an example, have their value written on the inside of the gold band. Gold necklaces may have the stamp located near the chain clasp – the position that during use, sits close to the back of the neck. As a general rule, stampings are usually located in a position that sits out of regular sight during use so not to be noticeable, but in a position that is large enough to contain a 3-digit number (how gold value codes are generally expressed).
An example of a common stamping that you may find are ‘9K’ , ‘9ct’ or ‘375’ (which all refer to the same value). As a point of reference, 37.5% (hence the 375 value) refers to the gold items percentage of contained, pure gold. For more information on Gold Purity, click here. Other common values you might decipher from stamps located on your gold items include ’18K’, ’18ct’ or ‘750’ which equates to 75% gold in total, or ’24K’, ’24ct’ or ‘1000’ which refers to 100% pure gold. Your gold item’s cash value is based on the weight of your gold item and the percentage of gold the item contains (Karat), which is multiplied by the current live gold price. Once you’ve worked out the Karat value of your gold as well as the weight, it’s easy to determine the value yourself using the Gold Calculator tool located here, or on the front page of the Brisbane Gold Brokers website.
We hope this helps you in the preparation process should you consider or choose to sell your gold. And from the Brisbane Gold Brokers Team, we would like to wish you a Merry Christmas, all the best with the holiday season, and every blessing for the New Year.
Brisbane Gold Buyers
