Frequently Asked Questions
Townsville Gold Buyers
Consists of a team of experts in gold and precious metals appraisals. We buy gold and other precious metals and provide other services such as cash pawn loans.Here, you'll find answers to common questions about our services.
Precious Metals Buying (Gold, Silver, Platinum, Palladium)
What precious metals do you buy?
We buy all major precious metals, including gold, silver, platinum, and palladium, in various forms such as bullion (bars and coins), scrap jewellery, natural gold nuggets and alluvial, and certain industrial items.
How do you determine the price for my gold/silver/platinum/palladium?
Our pricing is based on the current live Spot Price for the metal on the international market, which is generally quoted in Australian Dollars (AUD). We then factor in the purity (e.g., Karat for gold, or fineness like 99.99%), the weight, and a small margin (or “spread”) to cover testing, refining, and business costs. We aim to offer competitive local rates.
Do you buy scrap or broken jewellery?
Absolutely. We purchase gold, silver, platinum, and palladium jewellery in any condition—broken, mismatched, or old. The value is based purely on the weight and the metal purity.
Cash Pawn Loan
What is a pawn loan?
A pawn loan, or a “cash loan against goods,” is a fast and confidential way to borrow money using a valuable item (collateral) as security. We hold your item (e.g., gold jewellery) for an agreed period, and once you repay the loan amount plus interest and fees, your item is returned to you.
How long is the redemption period on a pawn loan in Queensland?
The minimum redemption period for a pawn loan in Queensland is 3 calendar months. On request, you may be able to extend the loan by 1 month by making a payment of 1 months interest charges. To find out more about our pawn loan terms, feel free to contact us.
What happens if I can’t repay the loan?
If you can't repay your loan by the due date, the collateral will be surrendered as payment in full. Pawn loans are non-recourse, meaning we will not pursue you for additional payment, or negatively impact your credit score. Your items of collateral will be sold to recoup the funds, and no further action will be taken.
Got more questions? Contact Us!
Feel free to contact us through our different channels. We respond as soon as we can.