Welcome to the Cash For Your Gold Blog
As a mark of respect to Her Majesty Queen Elizabeth II, and to enable our staff the opportunity to acknowledge the Queen’s passing in their own way, our business will be closed on Monday 19th September 2022.
We will resume regular opening hours from 9am on Tuesday 20th September 2022.
According to a BBC News article published on August 26th, energy bills for a typical household will rise to £3,549 a year when a new price cap is introduced on October 1st. Many British households will struggle to cover the cost of these bills, resorting to the impossible choice of “eat or heat”.
The race for Number 10 Downing Street has significant implications for the future costs of heating your home. However, many fear that whichever candidate becomes our next Prime Minister, the plans they put in place to reduce bills will be too little too late.
In this article, we will explore how selling scrap gold can be the solution to the worry over mounting fuel costs.
The aforementioned price cap of £3,549 is not a definite limit on the amount you will have to pay for your energy. Instead, it is a calculation for the annual bill of a typical British household, following the new price cap announcement.
You may pay more or less than this figure for your energy bills. It all depends on your energy consumption. With more Brits working from home post pandemic, many people are using more energy than ever.
No one should have to make the decision between eating and staying warm and comfortable. If you have scrap gold lying around at home, you can take advantage of the high price and demand for the famous yellow metal when energy bills begin to mount.
It’s well known that investors favour gold above any other asset during times of economic woe. This is because the price of gold typically rises when other forms of investment fall. As the price of gold historically rises in times of economic stress an opportunity is presented to those with scrap gold at home who could benefit from a sale to fund their day-to -day expenses.
Imagine the scenario; your monthly fuel bill is due to be paid in just a matter of days. But you’re at least a hundred pounds short of the total. You’ve considered payday loans, however, your friends have told you some horror stories that have you hunting for alternative ways to raise quick cash. Selling your scrap gold to Cash For Your Gold could be just the solution you have been looking for.
We’re one of the UK’s largest scrap gold buyers, having paid out more than £60 million over our years of operation. Moreover, we offer some of the best prices for scrap gold online. If you were to sell your gold at the time of writing, 31st August, just 10 grams would net you £173.10. For an energy bill surplus of £150, selling 10 grams of 9 carat gold could enable you to pay off your bill and leave you with £23 to spend as you wish.
Wondering whether you have any scrap gold at home? If you are dubious, worry not! We accept a surprising range of gold items and precious metals and at current prices just 1 gram of 9 carat gold is selling for £17.31.
We buy:
Selling your scrap gold or precious metal (silver, platinum or palladium) couldn’t be easier. Once you have located your items, use our scrap gold calculator to determine their value, you’ll need to know your item’s weight and purity first.
If you are happy with the value determined by our calculator, simply fill in our sales form and post your items to us using secure delivery, we recommend Royal Mail Insured Special Delivery. Finally, sit back and wait for your bank transfer payment within 24 hours.
If you have any questions, please get in touch with us using the details on our contact page and we’d be delighted to assist you. Alternatively, you can visit us at our headquarters in Wolverhampton, we ask all in person visits to be arranged by scheduled appointment.
