Check the current price of gold
Always check the current price of pure gold per gram in Canadian Dollars.
This ensures you are getting a fair price for your old gold.
These are some website you can use for reference:
goldprice.org/gold-price-canada.html
www.kitco.com/market/
Know your weight
Use a jeweler's scale if you can. If you do not have one step into your local jewelry store and ask them to check, most will do this free of charge.
Unfortunately, food scales are not accurate for measuring gold jewelry.
Know your Karat
Most Jewelry will have a karat stamp on the Item. For example, 18 Karat will usually be stamped "18kt" or "750".
Ask the business who is offering to purchase your item, " How do you measure the purity?". At Star Gold we are proud to use XRF Technology to measure the exact percentage of your metal.
Shop Around
Once you know the karat and weight of your gold, SHOP AROUND. This cannot be stressed enough, It is always best practice to get a quote from different buyers.
For Example, "How much are you paying per gram for 18 karat"
Avoid Price Ranges
Any business that cannot give a straight answer and refuses to commit to a price should be avoided. This will always lead to an unpleasant negation.
You may hear the following excuses.
" We need to have a look at it first"
" The buyer is busy"
" There are many factors"