What we pay for gold in Toronto

We pay cash on the spot – we don’t send checks and pay the full amount right away. You get the payment as soon as your gold is evaluated, which takes only a few minutes of your time. The price of gold depends on three factors: karat, weight and current market price.

Higher karat means higher price.

Karat is defined as the amount of pure gold contained in a jewellery item. It is measured based on a total of 24 units. For instance, 24-karat gold is pure gold – no other metals are mixed into it. Meanwhile, an 18-karat gold contains 18 parts of gold (18/24) and six parts of other metals (6/24). Among the most common metals that are mixed into a gold alloy include nickel, silver, zinc, and copper. The higher the karat, the more gold a jewellery item has, and the more expensive it is.

Heavier gold means higher price.

We measure the weight of gold in grams, right in front of you. Penny weight is another common form of measurement for gold, however it is considered an obscure measuring method and might confuse our customers. We use the globally-recognized measurement, grams, for a more accurate measurement.

Our prices are based on the current market price.

The current market price of gold depends on different factors. These include the current market condition, demand, and the dollar value. Generally, the higher the demand for gold, the higher its market price becomes. On the other hand, every time the dollar value plummets, the value and price of gold increases. Currently, gold market price has increased to a record high, and our payout prices reflect that.

So if you’re selling gold jewellery, gold coins, gold bullions, scrap gold, dental gold, and other unwanted jewellery, you’ll definitely get the best price at Cashforgold.TO.

Please review the table at the bottom of this page for up-to-date pricing. As mentioned, prices can change every day, so be sure to visit this page for current pricing.

Aside from the competitive prices offered, here are some other reasons why you should sell gold at Cashforgold.TO:
• You get immediate cash payment for the gold that you sell.
• You get to experience fast and confidential transactions.
• You are guaranteed honest and friendly service.
• You can sell your gold even during late hours, every day of the week.

Most importantly, Cashforgold.TO is licensed by the city of Toronto, which means you’re guaranteed a safe and legitimate transaction.

Feel free to call us with regards to our payout gold prices: (416) 466-2220