Gold is the talk of the town once again, with its price hitting new heights and showing no signs of slowing down. While there have been some fluctuations, the overall trend is unmistakable — now is an exciting time for both investors and sellers alike. As the price continues to soar, we’re witnessing a record number of transactions, with many people seizing the opportunity to cash in on their gold.
Last month, one investor sold his lifetime collection of gold sovereigns and coins worth over £30,000, and countless others are bringing in their gold chains, rings, and scrap gold to sell while the market remains strong. At the same time, demand for gold from buyers has never been higher. As soon as we get new stock of gold sovereigns, they’re quickly snapped up by eager investors so much so we have a waiting list!
However it’s our pre-owned gold jewellery that many customers are after and it offers incredible value right now, priced at less than half the cost of the equivalent new piece.
This is what makes us unique. We are one of the few remaining retailers that still offers a large selection of heavy gold jewellery, as such we cater to a growing demand that most high-street jewellers no longer supply. The rising cost of gold has made heavy gold chains and rings too expensive for many to buy new, which is why these pieces are becoming increasingly rare in stores. But if you’re after high-quality, genuine solid gold at seriously discounted prices, our branches are the place to be.
The message is clear: if you’re looking to invest in a reliable asset you can own, physically hold and of course wear, gold continues to prove its worth. It’s a material that has withstood the test of time, offering long-term growth for those who own it. On the flip side, if you’re looking to raise funds and have gold coins, jewellery, or scrap to sell, now is the perfect time to turn it into cash, either as a pawnbroking loan if you want to keep it or simply to sell it if no longer needed as the price has never been stronger in our lifetime.
Historically, the price of gold remained remarkably stable for centuries. In 1717, Sir Isaac Newton, the master of the UK Mint, set the price of gold at £3.17s.10d per troy ounce. This price stayed virtually unchanged for nearly two hundred years, until the start of World War I in 1914. Since then, the market price of gold has fluctuated in response to world events and economic shifts.
The Rise And Fall Of The Gold Standard
Until 1931, the UK currency was backed by the ‘Gold Standard,’ meaning the Bank of England held a reserve of gold equal to the value of the money it circulated. After we abandoned the gold standard, only a small fraction — about 4% — of our global currency remained physically backed by gold. Yet, despite this shift, the UK still holds the second-largest gold reserves in the world, with more than 400,000 bars worth over £200 billion.
Gold remains at the heart of our business. From pawnbroking loans to beautiful gold jewellery, it continues to be a timeless asset. Gold is the primary collateral used in our pawnbroking services, and it’s an integral part of what we offer — whether you’re buying or selling gold coins, jewellery, or sovereigns.
The Unique Qualities Of Gold
Did you know gold is the only metal on Earth that is naturally yellow or “golden”? Its purity is measured in carats, with pure gold being 24 carats or 100% pure. However, pure gold is soft, which is why it’s mixed with other metals like silver, copper, and nickel to add strength. This is why you’ll often see different carat weights, such as:
● 18ct gold: 75% pure
● 14ct gold: 58.5% pure
● 9ct gold: 37.5% pure
In fact, 9ct white gold is made by mixing yellow gold with white metals like nickel, silver, and zinc, and then plating it in rhodium for a bright silver finish.
5 Golden Facts You Didn’t Know
●
Nearly all the gold on Earth came from meteorites that bombarded the planet more than 200 million years after it formed.
●
The symbol for gold, Au, comes from the Latin word aurum, which means “shining dawn” or “glow of sunrise.”
●
Gold is incredibly soft. A single ounce of gold can be stretched into a 5-mile-long thread or beaten into a 300-square-foot sheet.
●
Despite being dense and heavy, gold is largely non-toxic. In fact, gold flakes are sometimes used as edible decoration in food and drinks.
●
Only 142,000 tons of gold have been mined throughout history, yet it’s estimated that there are still around 9 billion tons of gold in the sea — though we’ll never be able to extract it!
Visit Christopher Brown Jewellers
We have 10 branches across the North, including six in Yorkshire, ready to offer you our exceptional range of gold jewellery and services. Visit Christopher Brown Jewellers in Seacroft, York, Shipley, Pontefract, Goole, Stockport, and Prescot, or Brown & Gold Pawnbrokers in Batley and Toxteth, and Mr Allan Jewellers in Wigan.
For more information about our jewellery, pawnbroking, and gold buying services, visit www.christopherbrownjewellers.co.uk. Use our branch locator to find your nearest store or to learn more about our services.
Don’t Miss Out on This Golden Opportunity While the Price Is Right!
Chris Brown
Sparkle & Save: Christopher Brown Jewellers Announces Largest-Ever Diamond Sale This Summer
This Summer, Christopher Brown Jewellers is offering Massive Discounts on Exquisite Diamond Jewellery!
Whether you’re searching for the perfect engagement ring, a dazzling necklace, or elegant earrings, our exclusive sale ensures you get unmatched brilliance at unbeatable prices!
For a limited time only, enjoy up to 50% off on select diamond jewellery pieces. Whether you’re treating yourself or finding the perfect gift for a loved one, there’s never been a better opportunity to buy luxury at a fraction of the cost.
