Goldealers Blog

Treat your Gold like Foreign Currency

Imagine you are going on holiday and are looking to purchase some foreign currency such as Euros. You have £100 to exchange and at the spot price of 1.2 Euros per pound, you would expect the cashier to give you back around €120. But if the cashier gave you back €60, how would you feel? Think of this simple foreign …

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Jewellers Guide to Valuing Scrap Gold Jewellery

A short guide to jewellery identification, weighing and valuation of scrap gold jewellery. Introduction This document is intended for the jeweller / pawnbroker / scrap gold buyer, however the general public can and should read this if they are thinking of selling their scrap gold jewellery. It talks about the market value of gold, and how to translate that into …

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Guess the Country & Win £50


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Free Gold Packs Uncovered

Goldealers were recently facing a dilemma about whether we should send out free gold packs to our customers. After consideration and research, we decided that sending out Free Gold Packs was completely against everything we stood for. This short story aims to show you why you should never request a free gold pack from any company. Our fictitious customer James …

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British Gold Refinery & Misleading Prices Again

The Advertising Standards Authority have once again received complaints about Weston Knightly Ltd t/a British Gold Refinery ( The Gold Calculator allows customers to enter the carat and weight of their precious metals to be given a price. This price is what the British Gold Refinery Deems as the Market Value of the metals, but does not reflect the actual …

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