After weeks of record-breaking highs, gold prices have taken a sharp step back this week — falling around 8% from last week’s peak levels. The pullback, driven by profit-taking and a stronger US dollar, has left many sellers regretting the offers they didn’t act on just days ago.

At GoldCompany, we’ve seen this scenario time and time again. When prices surge, hesitation often sets in — many assume they’ll go even higher. But the reality of the gold market is that prices move quickly, and timing is everything.

What Happened This Week

Spot gold, which traded well above the AUD $4,400 per ounce mark last week, has slipped closer to AUD $4,000 per ounce in recent days. The correction comes as global investors adjust positions ahead of key central bank updates and as some profit-taking occurs following gold’s record-breaking rally.

For sellers, this 8% dip translates directly into less cash in hand. The same gold jewellery, coins, or bullion that would have fetched a premium just a few days ago could now return hundreds of dollars less depending on weight and purity.

Why Timing Matters

Gold remains one of the strongest-performing assets of 2025, but even in a long-term bull market, short-term fluctuations can significantly affect what you’re paid on the day you sell. Precious metal prices are set daily, meaning a delay of even 24 hours can make a real difference.

If you received an offer from GoldCompany recently and decided to “think about it,” the 8% drop highlights how quickly the market can shift. That same offer today would simply be worth less — not because of our pricing, but because of the global spot price that underpins every transaction.

What You Can Do Now

If you’re considering selling, don’t wait for another upswing to slip away. Bring your gold to GoldCompany for an updated valuation