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Bullion Hub

Sell Scrap Gold in Melbourne

If you want to sell scrap gold in Melbourne, the quote is centred on recoverable gold content. Confirmed purity, net gold weight and the current gold market provide the basis for understanding it.

Bullion Hub can review a scrap-gold enquiry in Melbourne and explain the quote before you decide whether to sell.

  • Purity Karat indicates the proportion of gold contained in an alloy.
  • Net gold weight Stones, clasps and mixed components can affect how much of the total weight is gold.
  • Market context The live pure-gold price is a reference point, not an automatic purchase rate.
  • Seller decision Review the quote basis before deciding whether to proceed.

Common enquiry types

Scrap Gold Enquiries

Scrap-gold enquiries commonly involve pieces that are damaged, incomplete, mismatched or no longer wanted.

Broken Jewellery

Chains without working clasps, bent rings, damaged bangles and incomplete settings can retain gold content.

Mismatched Pieces

Single earrings, unmatched items and incomplete sets may be considered for their metal content.

Unwanted Gold

Old, inherited or unworn pieces may be assessed when the seller is considering a metal-based quote.

Mixed Lots

Groups of items can contain different purities, stones, solder, clasps or non-gold components.

Assessment factors

How Scrap Gold Value Is Calculated

A scrap-gold quote starts with measurable metal content. Total weight is a starting point, while confirmed purity and net gold weight determine how much gold is present.

The live gold price in AUD provides market context. It is not the amount automatically paid for an item.

  • WeightThe total item or lot provides a starting measurement.
  • Purity9ct gold is 37.5% gold, while 18ct gold is 75% gold.
  • Market contextThe current pure-gold price provides a reference point.
  • Non-gold componentsStones, clasps, solder and mixed metals can affect net gold weight.
  • Quote basisThe applicable buying rate is applied to the assessed gold content.

Live gold prices

Scrap Gold Jewellery Price Table

These indicative AUD per-gram prices use Bullion Hub's current 94% jewellery factor and the live gold price. They refresh every 15 minutes on the website. Final pricing depends on confirmed purity and net gold weight.

Scrap Gold Price Per Gram AUD

Karat Gold PurityWe Pay You
24ct Gold per gram (99.99% Pure)Loading...
22ct Gold per gram (91.6% Pure)Loading...
21ct Gold per gram (87.5% Pure)Loading...
20ct Gold per gram (83.3% Pure)Loading...
18ct Gold per gram (75% Pure)Loading...
15ct Gold per gram (62.5% Pure)Loading...
14ct Gold per gram (58.3% Pure)Loading...
10ct Gold per gram (41.6% Pure)Loading...
9ct Gold per gram (37.5% Pure)Loading...
8ct Gold per gram (33.3% Pure)Loading...

Quote components

Understanding A Scrap Gold Quote

The quote depends on the item being assessed, not the live pure-gold price alone.

Core Measurements

FactorRole In The Quote
Total weightStarting measurement for the complete item or lot.
Gold purityProportion of gold contained in the alloy.
Net gold weightGold-bearing weight after relevant components are considered.
Buying rateRate applied to the assessed gold content.

Visible Components

ComponentAssessment Consideration
StonesMay contribute to total item weight without being gold.
ClaspsCan contain a different alloy or non-gold parts.
SolderRepairs and joins can have a different composition.
Mixed metalsDifferent parts may need separate consideration.

Before an assessment

How To Prepare Scrap Gold For Assessment

Prepare the lot so each item can be described clearly.

1

Group The Items

Keep matching items together and separate pieces with different visible hallmarks.

2

Note Hallmarks

Record visible marks without cleaning, scratching or altering the item.

3

Record Components

Note visible stones, clasps, repairs, solder or mixed-metal sections.

4

Gather Records

Bring any receipts, certificates or provenance already available.

5

Describe The Lot

Include the approximate number of pieces and any damaged or incomplete items.

6

Review The Quote

Ask for the purity, weight and quote basis to be explained before deciding.

Choose the right pathway

Scrap Gold Versus Jewellery Assessment

Scrap-gold assessment centres on recoverable metal, purity and net gold weight. A broken chain or single earring can fit this pathway when the seller is primarily considering the contained gold.

An item-specific gold jewellery assessment may be more appropriate where construction, stones, brand, age, design or resale characteristics need separate consideration.

  • Use the scrap pathway for recoverable-metal intent.
  • Use jewellery assessment for item-specific characteristics.
  • Separate sentimental or potentially collectible pieces first.
  • Ask which assessment scope applies before proceeding.
Scrap gold jewellery prepared for assessment

Refining Larger Or Trade Lots

Selling scrap and refining a larger or trade lot are different pathways.

Review Bullion Hub's gold refining information and confirm whether that pathway fits the material before proceeding.

FAQs

Frequently Asked Questions

Where Can I Sell Scrap Gold In Melbourne?

Bullion Hub accepts scrap-gold enquiries in Melbourne. Use the contact page to describe the items and request the current assessment requirements.

How Is Scrap Gold Value Calculated?

The core calculation considers confirmed gold purity, net gold weight, current market context and the applicable buying rate. When comparing scrap gold buyers, compare the purity, weight and buying rate used in each quote.

How Much Is One Gram Of Scrap Gold Worth?

There is no single scrap gold price for every item. One gram of 9ct, 18ct and pure gold contains different amounts of gold, so purity must be considered alongside the current gold price and applicable buying rate.

How Much Is One Gram Of 9ct Gold Worth?

One gram of 9ct gold alloy contains 0.375 grams of gold because 9ct is 37.5% gold. Its quoted value still depends on the current pure-gold price and the applicable buying rate.

Can Broken Gold Jewellery Be Assessed As Scrap?

Broken condition does not remove the gold contained in a piece. Describe the item, visible hallmark and any stones or mixed components so the assessment pathway can be confirmed.

Is Scrap Gold Different From Gold Jewellery?

Scrap-gold assessment focuses on recoverable metal content. Jewellery assessment can take a broader view of the individual piece, depending on the agreed scope.

Next step

Request A Scrap Gold Assessment

Describe the item type, visible hallmark, approximate number of pieces and any stones or mixed components.

For bullion, coins, nuggets or a broader mix of gold items, use Bullion Hub's guide to selling gold in Melbourne.