Tag Archives: sell gold

2024: Get a Golden Start to Financial Success

January 8, 2024 Barry Goldman Sell Gold

As we usher in the new year of 2024, what better way to kickstart a journey to better finances than by tapping into the timeless value of gold and silver? Brisbane Gold Brokers welcomes you to a year of financial abundance, offering a host of services to turn your precious metals into fast, instant cash. Discover how our recent major website update, featuring a sleek modern look and an enhanced price board, makes your gold-selling and buying experience even more rewarding.

Revamped Website, Refreshed Finances

Step into the future with Brisbane Gold Brokers’ revamped website, designed to offer a seamless and modern user experience. Our new look reflects our commitment to providing you with the best services in Brisbane. Navigate through the site effortlessly and explore our updated price board, showcasing a wider range of gold and silver item purities. This enhancement ensures that you have access to the most accurate and up-to-date information when selling or buying gold and silver.

Instant Cash for Your Gold and Silver

Transform your unwanted gold and silver items into fast, instant cash at Brisbane’s best gold buyers. Our team is ready to assess the value of your items on the spot, providing you with a quick and transparent process to boost your finances. From jewellery to coins, bullion, and more, we accept a diverse range of items, ensuring you get the best value for your unwanted items.

Buy Gold and Silver Bullion

Looking to invest in gold and silver bullion in 2024? Brisbane Gold Brokers has you covered. Explore our updated price board and dedicated buy bullion gold and silver pages to make informed decisions. We take pride in offering competitive rates that beat our competitors, ensuring you receive the best value for your investment.

Visit Us Today

Conveniently located at the Louis Vuitton building (501/180 Queen St Brisbane), our doors are open Monday to Friday, from 9:30 am to 4:30 pm. No appointment is needed; simply drop by and let our experts guide you through the process. Experience firsthand the difference in our service, where transparency, competitive rates, and a commitment to your financial success set us apart.

As we embark on the journey of 2024, make it a year of financial empowerment with Brisbane Gold Brokers. Whether you’re selling gold for instant cash or investing in gold and silver bullion, our revamped website and dedicated team ensure a seamless and rewarding experience. Visit us today and turn your precious metals into a golden opportunity for financial success!

Unlock Instant Christmas Cash

December 1, 2023 Barry Goldman Sell Gold

As the Christmas break approaches, the desire for a little extra cash becomes more pronounced. Whether you’re dreaming of a festive feast, holiday getaways, or special gifts, Brisbane Gold Brokers has the solution to turn your dreams into reality. Today, discover how you can transform your unwanted gold and silver items into fast, instant cash, ensuring you have the financial freedom to make this holiday season truly special.

With gold prices soaring, there has never been a better time to cash in on your precious possessions. Brisbane Gold Brokers, nestled in the heart of Brisbane (the Louis Vuitton building) at Suite 501, 180 Queens Street, provides a hassle-free avenue to sell your gold and silver items for instant cash. From elegant rings and necklaces to valuable bullion, coins, earrings, and even unique nuggets, we accept a wide range of items, turning your forgotten treasures into ready cash.

Fast Cash for the Holidays

Say goodbye to financial stress this holiday season. Brisbane Gold Brokers offers instant cash for your gold and silver, providing a quick and transparent process to help you get the extra funds you need. Our experienced team ensures you receive the best value for your items, making your holiday dreams a reality.

Secure a Loan, Enjoy the Season

In addition to selling gold and silver, Brisbane Gold Brokers offers secure and confidential cash loans, using your precious items as collateral. Whether it’s a family heirloom or a piece of gold bullion, our team can arrange a loan tailored to your needs, providing you with the flexibility to enjoy the festive season without compromising on your financial goals.

Visit Us Today

Conveniently located at 501/180 Queen St, Brisbane, our store is open Monday to Friday, from 9:30 am to 4:30 pm. There’s no need for an appointment; simply drop by and let our experts assess the value of your gold and silver items on the spot. Turn your unwanted gold into instant cash and make this Christmas one to remember.

This holiday season, don’t let financial worries dampen your festive spirit. Visit Brisbane Gold Brokers today, sell your gold and silver for instant cash, and unlock the potential for a joyous and financially stress-free Christmas!

Brisbane Gold Brokers Featured on 10 News

November 24, 2023 Barry Goldman Sell Gold

Brisbane Gold Brokers recently took centre stage on 10 News First Queensland, showcasing the growing trend of Queenslanders capitalising on the surging price of gold. As the allure of gold continues to captivate, locals are seizing the opportunity to transform forgotten trinkets into substantial financial gains.

The feature highlights the undeniable truth that not everything that glitters is just a shiny accessory. Instead, it could be the key to unlocking unexpected wealth. Whether it’s an old necklace with sentimental value or a collector coin tucked away in a drawer, the experts at Brisbane Gold Brokers are emphasising that individuals across Queensland may be unknowingly sitting on a potential gold mine.

With the current gold prices reaching unprecedented highs, interest in selling gold has surged among residents who are eager to convert their valuable possessions into cash. The news feature encapsulates the essence of this growing phenomenon, shedding light on the diverse range of items that can hold significant value in the current market.

For those who missed the television broadcast, the news segment is available for viewing here. Inside, delve into firsthand accounts shared by the Brisbane Gold Brokers and a knowledgeable professor from the University of Southern Queensland, as they discuss the unprecedented surge in gold prices and the growing interest in selling.

The surge in interest is not just a financial move but a testament to the evolving mindset of individuals who are reevaluating the worth of their possessions. Brisbane Gold Brokers, as a leading player in this narrative, stands ready to guide and educate residents on the value of their gold items, ensuring a seamless and rewarding selling experience.

In a world where economic landscapes can be unpredictable, the spotlight on Brisbane Gold Brokers serves as a beacon for those looking to navigate the current high gold prices. As the interest in selling gold continues to grow, Brisbane Gold Brokers remains committed to providing expert guidance, transparency, and a personalised approach to help residents unlock the hidden treasures within their collections.

Unlocking the Power of Gold and Silver to Beat Inflation

November 8, 2023 Barry Goldman Finance

In an era of mounting inflation, finding ways to protect and grow your wealth is paramount. Brisbane Gold Brokers is your trusted ally in this financial journey, we offer unique solutions to empower you against inflation. Let’s explore how you can leverage the power of gold and silver to secure your financial future.

Convert Idle Gold and Silver into Cash

Brisbane Gold Brokers exclusively deals in gold and silver, offering you a direct route to convert your unused assets into immediate cash. Whether it’s gold jewellery that’s lost its luster or silver items hidden away in a draw, our experts are here to assess their value and provide you with the highest payouts available.

Fast Transactions, High Gains

Time is of the essence in the battle against inflation, and Brisbane Gold Brokers recognises this. Our process ensures that you receive cash within minutes of your appraisal. By promptly transforming your gold and silver into usable funds, you can stay ahead of the financial curve.

Store Location for Your Convenience

Our centrally located office at 180 Queen St, Suite 501, Brisbane, is easily accessible, making your visit quick and hassle-free. We’re just around the corner from David Jones and Tiffany & Co, ready to provide you with expert appraisals and the best rates for your gold.

Gold and Silver Loans for Fast Cash

Brisbane Gold Brokers offers unique cash loans backed by your gold and silver as collateral. With competitive rates and no extensive background or credit checks, securing a loan is a streamlined process. Visit us with your gold item today to get a quote instantly and discover how you can access cash in times of need.

In a world where inflation threatens financial stability, we are your dedicated partner, specialising in the purchase of gold and silver. Let us be your shield against the rising tide of inflation, ensuring your financial future remains secure and prosperous.

Does CPI Affect the Price of Gold?

May 27, 2023 Barry Goldman Gold

Fuel prices are on the rise, the value of chocolate is increasing due to pricing inconsistencies in relation to portion reduction in ratio with consistent attributed shelf pricing. Electricity prices aren’t appearing to let up where your only option for relief is to invest in solar. All of these household items from smaller quantity cans of Coca-Cola through to bread are what comprises the national Consumer Pricing Index commonly referred to as CPI (Martin 2018). But does this directly impact gold prices, and should CPI be a consideration for ‘tapping into’ or ‘cashing out’ of the gold market?

There has been an increase in CPI as was recorded in 2021, and perhaps it’s feasible to consider this before making any financial decisions this year. Hawkins (2022) states that “Australia’s Consumer Price Index rose 1.3% in the three months to December, bringing inflation for the full 2021 year to 3.5%” which shows lower performance in the market for consumers, modifying their purchasing power, and which shouldn’t be taken lightly by them in terms of future financial investments. It’s interesting to note that in the background, there have been substantial changes in gold prices in the last year also, but whether directly or indirectly related to CPI it’s still up in the air. However, when CPI takes into account so many inputs that comprise of commonly purchased consumer products across the broad consumer market, it’s fair to pontificate that these significant fluctuations in average product costs could influence gold prices, especially if you consider them as a consumable in many of your average household products from mobile devices through to circuit boards in your fridges and headphones.

According to Ballard (2022), although the was quite a decline in gold prices (which has been recorded as a trend over the past 3 years), gold trended positively for the remaining period of 2021 (March to December) with the final two months of the years being especially notable, even though the prices were sloping overall over the past three years (with an encouraging emerging trend of the past 9 months) the Perth Mint’s recorded annual sales peaking in comparison to any calendar year in the past 10 years. Ballard (2022) further notes that corrective cycles are indicative of a healthy development in the market. It’s perhaps not illogical to think about the fact that more gold exchanged hands in 2021 than in the past 10 years prior based on this information showing lower pricing for bullion in comparison, but higher annual sales recordings.

Perhaps economic conditions continue to weigh in on consumer thinking which influences gold as being an investment option, or perhaps it’s simply based on consumption of electronic good. In any case, gold continues to show good demand even during these times of higher CPI. And with gold prices continuing to trend more positively then negatively, you’re bound to be able to sell your gold items, whether they’re investment based bullion, or valuables from liquidated estates or jewellery-based assets that no longer satisfy a need they once served.

For more information around gold pricing, or to enquire about market pricing so that you can make sure you’re trading with confidence, contact the team at Brisbane Gold Brokers, we’re here to help, and guarantee the best payouts for your gold items.

REFERENCES:

Ballard, H 2022, ‘Gold price set to strengthen after rocky 2021’, Australian Mining, January 26, viewed 27 January 2022, <https://www.australianmining.com.au/news/gold-price-set-to-strengthen-after-rocky-2021/>
Hawkins, J 2022, ‘Inflation hits 3.5%, but one high number won’t budge the Reserve Bank on interest rates’, The Conversation, January 25, viewed 27 January 2022, <https://theconversation.com/inflation-hits-3-5-but-one-high-number-wont-budge-the-reserve-bank-on-interest-rates-175045>
Martin, P 2018, ‘What’s in the CPI and what does it actually measure?’, The Conversation, July 27, viewed 27 January 2022, <https://theconversation.com/whats-in-the-cpi-and-what-does-it-actually-measure-165162>.

Australia’s Budget 2016 effects on Gold

May 3, 2016 Barry Goldman Finance

Budget 2016 expected to be available tonight at 7:30pm Australian Eastern Standard Time and is expected to deliver increased taxes for items such as tobacco (tobacco tax) while also delivering tax cuts for companies (company tax) and average income earners (who make over $80,000 per year). Big infrastructure projects are another expected key highlight of the budget – providing funding for major building projects such as the Ipswich Motorway and other road and rail projects across Australia.

What does Australia’s budget 2016 have to do with gold you might ask? There are many factors which connect the two – From taxes to the economy overall.

Australia, the lucky country

In Australia, we are extremely lucky we do not have to pay major taxes on buying or selling gold. In India, sellers of gold and jewellery are going on strike in protest over a gold tax, which forces them to increase the costs of their products by 1%. This is on top of existing import and other taxes! 1 per cent might not seem much, but when its thousands of dollars, it adds up and it makes selling or buying gold less worthwhile. No matter what country, this sort of tax would greatly effect low to medium income earners.

Gold trading expected to increase

In Australia, because low to medium income earners aren’t receiving any tax cuts and will experience most of the tax increases (eg. for purchases Tobacco etc), gold trading is expected to increase to make up for the higher cost of living.

With an increase of gold trading (buying/selling), overall competition for YOUR gold is going to increase. That is great news for YOU and it’s time to use this to YOUR advantage right NOW!

Use the budget 2016 to your advantage

How do you use this opportunity to your advantage? Visit our store or call us right NOW to get the best price possible for your gold! At Brisbane Gold Brokers we always offer the best prices in Brisbane. We have a team of gold professionals that ensure our prices are current and up to date by the minute to sell gold! Our team are always researching the market – identifying trends, changing conditions and aspects that can effect the market. Our team is the best in the business and is part of Brisbane Gold Broker’s industry-leading, unique offering for Brisbane and Australia.

Greece debt crisis effect on gold

July 23, 2015 Barry Goldman Finance

With the Greece debt crisis popular in the news lately, our staff have often been asked if Greece’s financial problems effect the price of gold and ultimately the payouts they get. We asked Brisbane Gold Broker’s Manager of the gold market research team to answer some of our questions. He was able to provide us some very interesting information:

Whats your role at Brisbane Gold Brokers?

I’m the manager of Brisbane Gold Brokers’s Gold Market Research team. Our team researches the Australian and global gold markets. We look all sorts of factors that may effect the price of gold. We also constantly provide our store the industry’s best gold and silver prices. Our team is working 24/7 to ensure everyone gets the best cash for their gold!

Whats the gold situation in Greece at the moment?

Typically in times of financial crisis people tend to buy high amounts of gold in all forms (rings, jewellery, bullion, etc) to provide them with financial stability. There have been several reports of people in Greece doing exactly this due to whats happening with their banks. People are worried but gold has been sort of a hero during these tough times.

What are people doing with their gold?

I’ve read some reports of people selling their gold to businesses in the US and UK. It wouldn’t be uncommon for Brisbane Gold Brokers to get enquires in terms of distance from locations as far away as Greece! At this time people in Greece would be best to look overseas to sell gold while things are still being sorted out in their home country.

So with the problems in Greece, what does this do to the price of gold there and Australia?

The event has caused the price to flat line due to a number of factors including market uncertainty, interest rates and of course the high amounts of gold circulating in the country. What about Australia? Well, we haven’t seen any real effects, which is great. However, you should always be aware that major financial problems in other countries do have flow on effects globally. If the Greece situation keeps getting worse, it may have an effect on Australia’s gold price.

So is now the time to sell just in case it does get worse?

I believe its always the best time to sell gold, especially due to Brisbane Gold Broker’s high payouts. Simply call or visit Brisbane Gold Brokers with your gold to get the best possible payout. Our gold inspection team are always available to help you get the best payout!

Australia Day – Our Gold History

January 27, 2015 Barry Goldman Gold

Gold, and specifically it’s rich and vibrant colour is embedded within our culture as one of Australia’s prominent and primary defining colours. Our country’s gold history is advertised each time you sink a XXXX beer, is one of the country’s people’s colours of choice for casually worn apparel, and notably, the colour gold is symbolically worn and sported by professional athletes representing our country in cricket, football and of course soccer.

The history of the colour gold as a national definitive can be dated back to recent history when it was famously elected as one of the two national colours that would represent Australia – by the then Prime Minister Bob Hawke, in the year 1984. Some may argue that it was chosen for its representation of Australia as an opulent country rich in minerals; others suggest simply that it is more representation of Australia being ‘rich’ in opportunity, which may appear the nobler motive. And by coincidence of course, the chemical element symbol that represents gold is Au, which is not believed to have had weight on Hawke’s decision. But closer to the truth behind the choice of gold as a national colour representing Australia may in fact date back further to the mid 1800’s, to a period of significant immigration of workers chasing the golden dream and the promise of riches. A period known as the Australian Gold Rushes.

The history of gold is something that we follow here at Brisbane Gold Brokers and will continue telling the gold story as we continue our journey as professionals within the gold buying and selling industry. It is this history that defines our business and it’s this untold history that most of our clients don’t know about when they come in to sell their gold bracelets, rings, earrings and scrap gold. Here at Brisbane Gold Brokers, we make it part of our business to identify items by their historical value and not just their monetary value.

How To Discover Your Gold Purity

December 16, 2014 Barry Goldman Preparing To Sell Gold

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.