When it comes to turning precious metals into cash, Australians have more options than ever before. Whether you’re a seasoned investor or someone with unwanted jewellery, knowing where and how to sell your bullion or gold can make a big difference in the returns you get. In this guide, we’ll cover two of Australia’s most active markets: Perth and Melbourne, with expert tips to help you get the best value for your precious metals.
Sell Bullion Perth – Trusted Options in the City of Gold
Perth is one of the most well-known cities in Australia for precious metals, thanks to its close connection with the mining industry and institutions like the Perth Mint. If you’re looking to sell bullion Perth, you’ll find a range of reputable dealers who can offer competitive rates and secure transactions.
Why Sell Bullion in Perth?
Perth has a deep history in gold production, making it a hub for both retail and wholesale bullion trading. The city is home to established refineries, secure vaulting services, and a large number of knowledgeable buyers who deal with gold, silver, platinum, and palladium.
Selling in Perth gives you access to:
- Competitive live spot pricing
- Expert evaluations
- Instant payment (in most cases)
- Transparent weigh-in and testing procedures
Where to Sell Bullion in Perth
If you’re planning to sell bullion in Perth, consider these options:
- The Perth Mint – Offers buyback services and deals directly with investors.
- Local bullion dealers – Many stores throughout the CBD and suburbs specialise in gold and silver bars or coins.
- Refineries and assay offices – Ideal if you have large quantities or mixed precious metals for testing and refining.
Make sure the business is licensed, transparent about fees, and has positive customer reviews. Always request a live spot rate and weigh the bullion in your presence.
What Type of Bullion Can You Sell?
Most dealers in Perth accept:
- Gold and silver bars
- Gold sovereigns and Krugerrands
- Bullion-grade coins (e.g., Australian Kangaroos, US Eagles)
- Investment-grade platinum or palladium
It’s advisable to bring any certificates of authenticity or receipts to help with valuation and speed up the process.
Sell Gold Melbourne – Get the Best Price in Victoria
Melbourne’s vibrant economy and growing population make it a strong market for gold buying and selling. Whether you’re offloading old jewellery or selling investment-grade bullion, Melbourne has a range of reliable buyers and gold dealers.
Why Sell Gold in Melbourne?
Melbourne’s central business district and surrounding suburbs are full of experienced gold traders. Thanks to high foot traffic and competition, many buyers offer great rates and additional perks like instant EFT, cash payments, or mobile appraisal services.
Advantages of selling gold in Melbourne include:
- Multiple dealers competing on price
- Accessible city locations
- On-the-spot valuation and testing
- Options to sell jewellery, scrap gold, coins, or bullion
Top Places to Sell Gold in Melbourne
If you’re looking to sell gold Melbourne, here are the most common venues:
- Gold Buyers and Pawn Shops – Found throughout the city, offering quick service, though rates may vary.
- Precious Metal Specialists – These are dealers who buy based on purity and weight, often at near-spot prices.
- Jewellers – Some jewellery stores buy back gold items, especially antique or designer pieces.
- Online Dealers – Some platforms based in Melbourne offer mail-in kits for remote selling.
Tips for Getting the Best Price for Your Gold
Whether you’re selling in Perth or Melbourne, follow these tips for the best outcome:
-
Know the Spot Price
Always check the live gold price before going to a dealer. This gives you a benchmark to compare offers. -
Understand Purity and Weight
Gold is measured in carats and grams. 24k is pure gold, while 18k is 75% pure. The more pure your gold, the higher its value. -
Compare Offers
Don’t sell to the first place you visit. Get at least 2–3 quotes to ensure you’re getting the best deal. -
Bring ID
Most gold buyers in Australia require photo identification for legal compliance under anti-money laundering laws. -
Avoid Middlemen
Selling directly to a refinery or specialist buyer usually results in a better price than going through a third party or pawnbroker.
Final Thoughts
Selling gold or bullion doesn’t have to be a complex process. With the right knowledge and a bit of preparation, you can maximise the value of your assets—whether you’re in Perth, Melbourne, or anywhere else in Australia.
Perth is ideal for those with investment-grade bullion and connections to the refining industry, while Melbourne offers a broad network of retail and wholesale buyers that cater to jewellery and scrap gold sellers.
Before making any decisions, take the time to research your options, compare prices, and choose a trusted dealer. Whether you’re cashing in on an investment or clearing out your jewellery box, the Australian market is well-equipped to turn your precious metals into real returns.
