Fine gold is gold with a very high level of purity, usually 999,9 (24 carat)You would therefore expect 100 grams of fine gold to fetch roughly the same amount from every gold buyer. In practice, however, that is not the case.
The gold price is only the starting point.
The current gold price determines the theoretical value of the gold. However, a gold buyer will usually not pay 100% of this value. Each buyer applies their own margins and terms.
As a result, one buyer may, for example: 98% of the current gold value pay, while another buyer may only pay 94% of 95% pays
With 100 grams of fine gold, this can quickly amount to a difference of several hundred euros For larger quantities, the difference naturally increases even further.
Why does the amount you receive vary?
In addition to the buyer’s margin, analysis and processing costs may also play a role. The form of the gold is important as well. A recognisable gold bar from a reputable producer may be easier to trade than gold whose purity must first be determined.
Look at the net amount you receive.
Therefore, don’t be tempted solely by a high advertised gold price per gram. The most important question is:
“What net amount will I receive for my gold today, after all costs have been deducted?”
Preferably compare several offers at the same time, as the gold price fluctuates throughout the trading day.
Compare First, Then Sell
Even with fine gold, it pays to compare offers. A difference of just a few percentage points may seem small, but at today’s high gold prices, it can amount to hundreds of euros.
Walma Valuation Services helps private individuals independently determine the value of their gold and compare different selling options.
First find out what it is worth, then decide whether to sell.