Gold Buying Guide
The price of gold is changing every minute, which constantly affects the retail cost of fine jewelry. Bring your unworn jewelry into Michigan Wholesale Diamonds, and we can give you a detailed quote based on today’s gold market.
What You Need to Know:
Whether you’re interested in buying beautiful gold jewelry or selling unwanted gold items, understanding the price of gold and how the process works can help you get the best value. Here’s everything you need to know about gold buying and selling at Michigan Wholesale Diamonds.
How Gold Buying Works:
- Bring your gold items (jewelry, coins, etc.) and a valid ID to our store.
- We’ll test and weigh your gold in front of you using certified equipment.
- Our team will calculate your payout based on purity, weight, and the live gold price.
- You’ll receive a no-obligation offer!
- Payment is made immediately–or ask our team for available payment options.
Note: Gold prices and final offers may vary. Offers depend on purity, weight, item condition, and the current market price.
The Current Price of Gold
Please refresh the page to update the live price of gold in real time.
Source: kitco.com
Frequently Asked Questions
- How do you determine what my items are worth?
- Every item is evaluated based on its metal content, weight, karat, and current market value. Our team uses certified testing equipment and up-to-date precious metal spot prices to ensure every offer is fair and transparent.
- Is there any obligation to sell after I get an offer?
- Absolutely not. Getting an evaluation and offer from us is completely free and comes with no obligation. You are welcome to take the offer, decline it, or take time to think it over—the choice is always yours.
- Do I need to bring anything with me?
- A valid government-issued photo ID is required for all precious metal transactions. If you have any original receipts, appraisals, or documentation for your items, feel free to bring those along as well, though they are not required.
- How long does the process take?
- Every transaction is handled on a case-by-case basis, so we are unable to guarantee a specific timeframe. What we can promise is that we will work as efficiently as possible while making sure you receive the best offer for your items—we never rush an evaluation at the expense of accuracy.
- Is my jewelry evaluated in front of me?
- Yes. All testing and evaluation is done in your presence using certified equipment. We believe in full transparency throughout the process so you always know exactly what is happening with your items.