Transparent Pricing
How We Calculate Your Price
Your estimate is based on a simple formula: the current spot price of the metal, multiplied by its purity fraction, multiplied by the weight.
For example, 10 grams of 18-karat gold uses 75% of the pure gold spot price — because 18K is 75% pure gold. We then apply our payout percentage, which covers refining and business costs.
Every variable in that formula is visible in the calculator above. No hidden fees, no surprises.
Purity Guide
Understanding Gold & Silver Purity
Gold purity is measured in karats. 24K is pure gold (99.9%). Most jewellery is 9K (37.5%), 14K (58.5%), or 18K (75%). Coins are often 22K (91.7%). The higher the karat, the more gold content and the higher the value.
Silver purity is expressed as a number: 999 is pure silver, 925 is sterling silver (92.5% pure), and 800 is continental silver. Most silver jewellery and flatware is sterling.
Not sure what you have? Look for a small hallmark stamp — usually inside a ring band or on a clasp. If you can't find one, don't worry. We test everything for free using professional XRF equipment.
Market Price
What Is the Spot Price?
The spot price is the current market rate for one troy ounce (31.1 grams) of pure metal. It's set by global commodity exchanges and changes throughout the trading day based on supply, demand, and market conditions.
Our calculator uses the latest available spot price in Australian dollars. We update our prices regularly to stay in line with the market.
The price you see in the calculator is always an estimate. Spot prices move — but day-to-day changes are usually small. The best way to lock in your price is to visit us in store.
Calculator & Pricing FAQs
What if I don't know the karat or purity?
We test everything for free using professional XRF and acid testing equipment. You don't need to know what you have - we'll identify it for you.
Can I get a quote over the phone?eed?
We can give a rough range based on weight and description, but the final price requires in-person testing and weighing.
How is the price calculated?
Based on the live spot price, the metal purity (karat), and the weight. We test and weigh everything in front of you — completely transparent.
Is the calculator estimate guaranteed?
The calculator gives an approximate value based on the current spot price and standard purity. The final price is confirmed after in-store testing and weighing - it may be slightly higher or lower depending on the exact purity and weight of your items.
Why is the payout less than the spot price?
The spot price is the raw market rate for pure metal in bulk. Our payout percentage accounts for refining, assaying, and business costs. We keep our margins competitive - you can compare our rates with any dealer in Brisbane.
Testimonials
What Our Customers Say
Visit Us to Sell Your Gold & Silver
Walk in today and get the best value for your gold & silver. No pressure, no obligation.