How much do pawn shops pay for gold per gram?

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asked Jun 4, 2019 in Other-Finance by ohnston85 (300 points)
How much do pawn shops pay for gold per gram?

2 Answers

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answered Jun 6, 2019 by Grahlu (51,270 points)
The amount of money that pawn shops pay for gold per gram depends on the type of gold and how many karats the gold is.

For example if the gram of gold you have is 14 karat gold then the pawn shop will usually pay around $23.50 per gram of the gold.

But the price can vary depending on the gold market because prices of the gold can fluctuate from day to day and from month to month.

Usually Jewelry stores pay more for gold per gram than pawn shops as pawn shops will usually give you the less amount of money than a jewelry store or some place that deals in mostly gold.
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answered Nov 12, 2023 by Allert (4,960 points)
edited Nov 17, 2023 by Allert

Hello, prices for gold in pawn shops can vary significantly depending on a number of factors, such as the region, the reputation of the pawn shop, the current price of gold on the market, the purity of the gold, etc. Prices may vary in different countries and cities. To find out what pawn shops are paying for gold per gram in your specific location, it is recommended to contact various pawn shop https://panttilainaamo.net/ in your area and ask for information on current rates. Pawn shops frequently update their prices to reflect changes in the precious metals market.

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