What are the ways to sell?
There will come a time when you will need to start selling gold back. GBA has made this process simple and easy. We offer extremely competitive prices for clients and we buy back any brand, regardless of whether it has been purchased from us or not. Our buyback price is determined by the current spot price less a premium.
When is the right time and how much?
The right time to sell back depends on your circumstances, if you need access to funds the right time is now and the great thing about precious metals is there are many ways to sell at the current spot price plus a premium.
The premium is different for each product and is determined by the bars weight and metal type. In most instances the premium does not change, however it may change in extremely volatile conditions. For example when there is a shortage of precious metals, and the demand increases, then you may get more for selling your gold during this period.
How do I sell back my precious metals?
One of the benefits of investing in real gold and silver, is you can cash back as quickly as you can purchase.
If you need to access cash or it’s just the right time to sell your precious metal, all you need to do is:
- Step 1. Visit the GBA website to view our live price list
- Step 2. Contact us to confirm you wish to sell your items
- Step 3. Arrange your items to be delivered to GBA. We can arrange a courier or you can bring them to our showroom.
We always buy back bullion and have the cash for fast processing no matter what size the transaction. We don’t differentiate between type and brands for buyback prices, and our expert staff will be able to confirm weight and purity once we have the items.
Does GBA buy back precious metal based on current market rate?
Yes, we buy back based on the current market rate. We can assist you with the couriering and insurance of your physical metal back to our public trading office. Upon receiving it, we’ll purchase your bullion back at a price based on the current market rate.
If you store your metal with GBATR, send a letter indicating your intention to sell and a sales representative will be in contact with you to assist with the buy-back process of your metal.
What happens once we agree on a buy back price?
Once you have spoken with our team and agreed on a buy back price, you have a business day to get the items to us. Please note that while we can lock in a price we cannot guarantee that price until your items have arrived. Once you decided you want to sell your items, we can arrange a courier or you can bring them to our showroom in Miami, Gold Coast.
The spot price is constantly changing, if there are delays getting your items to us, please keep us informed so we can discuss any price movements.
Payment can be settled by a direct deposit transfer into your nominated bank account or we can pay cash to you in person.
Can you arrange for items to be melted down or refined?
Refining is a process where gold jewellery, natural gold nuggets or alluvial dust, which contains additives or impurities is melted, the impurities removed and pure gold returned. Please contact our public trading office who will be able to provide more information about this service and associated costs.