What Do Pawn Shops Pay for Gold?
TL;DR: Gold payouts are based on the live spot price, your item’s purity (karat) and weight, minus a small margin. Because spot moves daily, the exact per-gram figure changes — call for today’s number.
What a shop pays for gold isn't arbitrary — it's driven by three things: the live spot price, your item's purity, and its weight.
How the payout is calculated
- Purity (karat): 24k is pure gold; 18k is ~75% gold; 14k is about ~58.3%; 10k about ~41.7%. Only the actual gold content is paid for unless there is a designer signature or other unique feature in most cases.
- Weight: measured in grams.
- Spot price: the current market price of gold, which moves throughout the day.
In short: gold content × current spot price, minus a modest margin.
Today's pricing
Because the spot price changes daily, the most accurate number is the one we can show in-shop. Call us for today's pricing, or bring your gold in for a free, no-obligation evaluation. We pay on all forms of precious metals — gold, silver, and platinum — as well as gold and silver coins.
Have questions or want a free, no-obligation quote? Contact us or call 678-264-8899 — walk-ins are always welcome at our Roswell store.
Frequently Asked Questions
Do you pay based on spot or futures price?
We base gold and silver pricing on the spot price — the current price for immediate delivery — not the futures price.
Do you buy broken or scrap gold?
Yes. Broken chains, single earrings, dental gold, and scrap are all valued on their gold content.
Do you buy gold coins and bullion too?
Yes. We buy gold and silver coins, rounds, and bars. Collectible coins may also carry numismatic value above their metal content — see our coins page for details.