Melbourne gold buyers: questions
Who buys gold in Melbourne?
Melbourne, within 5 mi of the center: Square Deal Gold Buyers (2.2 mi), REEDS Jewelers (2.3 mi), Sullivan's Jewelers (4.0 mi) and 1 more; Melbourne, 5 mi or more from the center: Silver Bay Coin & Bullion (6.0 mi); Merritt Island: Gold Mine Of Merritt Island LLC (11.5 mi).
How much do gold buyers in Melbourne 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 Melbourne gold buyers open on Sunday?
1 of the 6 with a full week of posted hours: REEDS Jewelers (12pm–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.