Elgin gold buyers: questions
Who buys gold in Elgin?
Elgin, within 5 mi of the center: EZ Jewelry & Loan (1.2 mi); St. Charles: STC Cash for Gold and Silver (8.7 mi); Algonquin: Gold and Jewelry Direct: Algonguin Coin Shop (9.0 mi) and Cash for Gold (9.6 mi); Schaumburg: Jewelry & Coin Mart (11.7 mi). The full list, with hours and directions, is above.
How much do gold buyers in Elgin pay per gram?
At today’s gold spot of $4,034 per troy ounce, pure gold is $129.69 per gram. Buyers pay a share of that by karat: roughly $38–$49 per gram for 10K, $53–$68 for 14K and $68–$88 for 18K scrap (70–90% of melt). Coins and bars get closer to spot. The calculator above does the math for your exact weight.
Are any Elgin gold buyers open on Sunday?
5 of the 7 with a full week of posted hours: STC Cash for Gold and Silver (12pm–4pm), Gold and Jewelry Direct: Algonguin Coin Shop (11am–7pm), Cash for Gold (10am–1pm), R J Jewelry & Loan Co (10am–6pm) and We Buy Gold (10am–6pm).
Is gold priced the same at every buyer?
No. Buyers pay a share of melt value, and the share varies by buyer and by piece. Ask two buyers for a per-gram quote on the same items before you sell.