How Much Is My Gold Worth?

What Determines the Value of Old Gold?

Several important factors influence how much your gold may be worth.  

International Gold Prices

Gold prices change constantly in response to global financial markets, currency movements, economic conditions and investor demand. The live gold price today may be different tomorrow, which means valuations naturally fluctuate over time.

Gold Purity (Carat)

Not all gold jewellery contains the same amount of pure gold.

For example:

Higher purity gold generally contains more recoverable gold content and therefore may achieve a stronger valuation.

Weight and Quantity

The overall quantity of gold submitted can also influence the final rate offered.

Larger quantities of gold can often be processed more efficiently, which may allow stronger returns due to economies of scale in refining and handling. Smaller quantities may involve proportionally higher processing costs.

This is standard practice within the gold recycling industry and reflects the real-world costs involved in responsibly refining precious metals.

Refining and Processing

Old jewellery must be:

• tested
• sorted
• weighed
• melted
• refined

before its pure gold content can be fully recovered.

Professional gold recycling involves specialist equipment, secure handling, insured transport, refining costs and experienced assessment. These operational costs form part of the overall valuation process.

Type of Gold Item

Different types of gold items may be valued differently depending on their nature and resale potential.

Jewellery

Broken or unwanted gold jewellery is typically assessed based on its gold content.

Gold Coins

Gold sovereigns and bullion coins may attract different valuations depending on purity, collectability and market demand.

Bullion Bars

Investment gold bars are generally linked more closely to the live international gold price.

Mixed or Damaged Gold

Mixed lots, broken jewellery or incomplete items are assessed according to their recoverable gold content following testing.

Examples of Different Gold Items

The following examples are intended as general guidance only. Actual offers will vary depending on live market conditions and the specific items submitted.

Every item received by Forgotten Gold is professionally assessed in our Galway premises to determine its actual composition and gold content.  We employ our decades of experience along with the latest technology to ensure that each item is correctly assessed and graded so that you get the most for your old gold.  We recycle a wide range of unwanted gold jewellery, scrap gold, gold coins, watches and precious metal items from customers across Ireland.  Here are some of the most common questions we answer for customers: Frequently Asked Questions 

Why Customers Across Ireland Choose Forgotten Gold

Forgotten Gold has been one of Ireland’s best-known gold recycling services since 2009.  Our Irish gold buying service had thousands of customers accross Ireland.     

We combine experience, transparency and professionalism with a simple and secure postal process.

Why choose us?

• Established in Ireland since 2009
• Over 40,000 customers served
• 100% Irish-owned business
• Physical premises in Galway
• Secure insured postal service
• Professional valuation process
• Long-standing reputation for trust and reliability

Unlike many short-term “cash for gold” operators, we focus on providing a professional and transparent service built on experience and customer confidence.

Ireland’s Trusted Postal Gold Buying Service Since 2009.  Contact our team in Galway