Please ensure Javascript is enabled for purposes of website accessibility
Skip to main contentSkip to footer
  • Toggle Toolbar Search Menu
  • Static Link
  • Static Link
  • Static Link
  • Static Link
Spencer's Jewelers logo
  • Shop All
    Shop by Type
    BridalFashion RingsEarringsNecklaces & PendantsChainsBraceletsWatches
    Shop by Style
    Stud EarringsHuggie EarringsTennis BraceletsBirthstone JewelryBangle BraceletsPearl JewelrySilver Jewelry
    Menu image
    Menu image
  • Bridal
    Shop Bridal
    Engagement RingsWedding SetsWomen's BandsMen's Bands
    Buid
    Engagement Ring BuilderBrowse Loose DiamondsCreate Custom JeweleryReimagine Hierloom Jewelry
    Learn
    The 4Cs of DiamondsChoosing the Right SettingDiamond Buying GuideGift Guide
    Menu image
  • Watches
  • Custom
    Menu image
    Make an Appointment
    Menu image
    Learn About Our Process
    Menu image
    Reimagine Old Jewelry
    Menu image
    View Our Gallery
  • Services
    Cleaning & Inspection
    Corporate Gifts
    Custom Designs
    Engraving
    Education
    Engraving
    Jewelry Repairs
    Pearl & Bead Restringing
    Watch Battery Replacement
    Watch Repairs
    Menu image
    Menu image
  • About
    About Us
    Our Staff
    Testimonials
    Social Media
    Newsletter Signup
    Menu image
    Menu image
  • Contact
  • Toggle Toolbar Search Menu
  • Static Link
  • Static Link
  • Static Link
  • Static Link
Spencer's Jewelers logo
Log In
  • Toggle Search Menu
  • Toggle My Account Menu
    Login
    Forgot Password?

    Don’t have an account? Sign up now

  • Toggle My Wishlist
  1. Home
  2. Education
  3. Gold Buying Guide

Gold Buying Guide

The price of gold is changing every minute, which constantly affects the retail cost of fine jewelry. Bring your unworn jewelry into Spencer's Jewelers, and we can give you a detailed quote based on today’s gold market.

What You Need to Know:
Whether you’re interested in buying beautiful gold jewelry or selling unwanted gold items, understanding the price of gold and how the process works can help you get the best value. Here’s everything you need to know about gold buying and selling at Spencer's Jewelers.

How Gold Buying Works:

  1. Bring your gold items (jewelry, coins, etc.) and a valid ID to our store.
  2. We’ll test and weigh your gold in front of you using certified equipment.
  3. Our team will calculate your payout based on purity, weight, and the live gold price.
  4. You’ll receive a no-obligation offer!
  5. Payment is made immediately–or ask our team for available payment options.

Note: Gold prices and final offers may vary. Offers depend on purity, weight, item condition, and the current market price.

The Current Price of Gold

Please refresh the page to update the live price of gold in real time.

Live Gold Price - Courtesy of kitco.com

Source: kitco.com

Frequently Asked Questions

How do you determine what my items are worth?
Every item is evaluated based on its metal content, weight, karat, and current market value. Our team uses certified testing equipment and up-to-date precious metal spot prices to ensure every offer is fair and transparent.
Is there any obligation to sell after I get an offer?
Absolutely not. Getting an evaluation and offer from us is completely free and comes with no obligation. You are welcome to take the offer, decline it, or take time to think it over—the choice is always yours.
Do I need to bring anything with me?
A valid government-issued photo ID is required for all precious metal transactions. If you have any original receipts, appraisals, or documentation for your items, feel free to bring those along as well, though they are not required.
How long does the process take?
Every transaction is handled on a case-by-case basis, so we are unable to guarantee a specific timeframe. What we can promise is that we will work as efficiently as possible while making sure you receive the best offer for your items—we never rush an evaluation at the expense of accuracy.
Is my jewelry evaluated in front of me?
Yes. All testing and evaluation is done in your presence using certified equipment. We believe in full transparency throughout the process so you always know exactly what is happening with your items.
Spencer's Jewelers - Back to homepage
  • Store Services
  • Custom Design
  • Make an Appointment
  • Contact Us
  • Newsletter Signup
Hours of Operation
Mon-Fri:Monday - Friday:
10:00am - 5:30pm
Sat-Sun:Saturday - Sunday:
Closed
  • Privacy Policy
  • Terms & Conditions
  • Accessibility Statement

© 2026 Spencer's Jewelers. All Rights Reserved.

Powered by: Punchmark

My Cart
You have 0 items in your Cart.
Loading cart items
Loading

Learn how we use cookies in our Privacy Policy or manage cookie preferences.