Looking to Sell Gold Jewellery in Australia?
If you’ve got old gold jewellery lying around – from broken chains to heirloom pieces – you could be sitting on serious cash. But how do you know what it’s worth?
The answer starts with determining the gold content. And the most accurate, non-destructive way to do that? XRF technology.
What Is XRF Gold Testing?
XRF stands for X-Ray Fluorescence – an advanced, laboratory-grade testing method that analyses the exact metal content of any item, including gold jewellery. It works by sending X-rays into the surface of the metal, which in turn emits unique energy patterns. These are read by the machine to give you a precise breakdown of gold and other metals present.
Why is XRF the best method?
- No damage to your jewellery
- Instant, accurate results
- Trusted by professionals worldwide
At GoldCompany, we offer free, on-the-spot XRF testing in our Sydney store. No waiting, no acid, no guesswork.
Step-by-Step: How to Calculate Gold Value in AUD
Once you know the purity and weight of your gold, you can easily estimate its value based on the current market price. As of today, the gold price for 999.9 purity (24K) is $165.00 per gram in AUD.
Example Calculation
Let’s say you have a bracelet that weighs 18 grams, and it tests as 18K gold (which is 75% pure).
- Calculate the pure gold content:
18g × 0.75 = 13.5g of pure gold - Multiply by current price per gram:
13.5g × $165.00 = $2,227.50 AUD
Your estimated gold value: $2,227.50 AUD
Gold Purity Reference Chart
| Karat | Gold Purity (%) | Decimal |
|---|---|---|
| 24K | 99.9% | 0.999 |
| 22K | 91.6% | 0.916 |
| 18K | 75% | 0.750 |
| 14K | 58.5% | 0.585 |
| 9K | 37.5% | 0.375 |
Key Considerations
- Your calculated value is based on pure gold content only – actual offers may vary slightly depending on the buyer and item condition.
- Jewellery set with diamonds or gemstones will be valued separately.
- Always use a licensed gold buyer offering XRF testing and transparent pricing.
Why Choose GoldCompany?
We make it easy and rewarding to sell gold in Sydney and across Australia:
- Free XRF testing – no obligation to sell
- Instant cash payments – no waiting
- Highest prices guaranteed – based on live market rates
- Walk-in service – no appointment needed
Whether it’s a single ring or an entire jewellery box, we’ll test, weigh and value your gold while you watch – and pay you on the spot.
Ready to Cash In?
If you’re ready to turn unused gold into cash, there’s no better time. With the current gold price in Australia at $165.00 per gram, your unwanted jewellery could be worth more than you think.
Visit GoldCompany today for:
- Expert advice
- Fair, fast service
- The best price for your gold in Sydney
💬 Got questions?
Call us, email us, or simply walk in to our Sydney showroom. Our friendly team is here to help you understand exactly what your gold is worth.
