Gold is one of the best investments that you can make. While a lot of assets will end up going down in value a lot of the time, gold is one of the few investments that has a stable value. Not only that, but there are plenty of spaces where you can sell and purchase gold, and you want to find the most legit ones. Realistically, knowing where to sell gold in South Africa is crucial and it will determine how you optimize the experience.
Aside from learning how to buy gold South Africa or sell it, you also want to check the different sites and see their overall value and quality. Thatโs the thing, you want to work with some of the best websites and ensure that you always have a great result and experience. With that being said, at this time, we made a list to help you find top places to buy and sell gold in South Africa.
How can you choose where to sell or buy gold?
There are different criteria to choose from when it comes to where you will buy and sell gold. Realistically, investing in gold in South Africa is popular, and itโs because of that you will find tons of websites where you can buy or sell gold. With that in mind, all the options can be great, but there are a few things to keep in mind here.
- How trustworthy is the platform? Checking their reviews, seeing the platformโs reputation and learning more about it will help a lot. Reviews are particularly good because they do offer a very solid way for you to learn about how the platform handles issues, if problems were tackled, etc.
- Support also matters, you want to see what support they provide, be it via live chat, email, phone and so on. As you can expect, not all companies offer the same level of support, and thatโs certainly a thing you need to keep in mind here.
- What kind of gold can you buy or sell on the platform? Purity matters, and some platforms will end up offering only specific, higher purities. Others specialize in 14 karat gold or less, while there are platforms that consider 14 karats the entry point.
- Are there different gold investment opportunities? If youโre investing in gold in South Africa, you do want to have access to a variety of different options. The idea here is to invest in things like gold bullions, coins, but also gold futures, ETFs that own gold, maybe even mining stocks and so on. You donโt need to invest solely in gold itself, there are gold-related investments that can also do good. But again, not every platform will offer that, some wonโt, and you need to take it into consideration!
- Restrictions are also important. In some cases, there are sites that will limit how much gold you can buy or sell. You want to check the terms of the website you want to use and see if they are limiting you in any way. Sometimes they will have limits, other times less so, and thatโs why you want to figure out what works for you and where youโre getting the best experience.
- Obviously, you want to assess prices and see if you are obtaining the best price here or if they donโt have good prices in general. The more you learn, the better it will be, so you should definitely keep that in mind.
Places where you can sell gold in South Africa
Gold Trust
A very popular website where you can sell or buy gold South Africa is Gold Trust. They buy a variety of gold types, from bars to coins or jewelry. Thatโs great, because you can turn your gold into money and sell it without a hassle. They also sell gold as well, which means you will be able to start investing in gold in South Africa if you want, too.
The website has grown a lot over the years, and the business has expanded with a whole bunch of new features and ideas. We like the great value for money that they offer, and the fact that they do show the karat, purity and other info. So yes, you do know exactly what you are getting into, the type of gold that you buy, and also how much you will pay. They do a very good job at educating the audience, which is not always something you get from these platforms.
SA Bullion
When it comes to investing in gold specifically, SA Bullion is one of the better investment options you can find right now in South Africa. They do a very good job at allowing you to buy all types of gold, and the value that you get from this is quite impressive. We should also note the fact that they do have a variety of licenses for buying and selling gold, and they do have backing for the business. You rarely get to access these options and benefits, and thatโs why itโs totally worth giving them a try, because the results you get and the experience overall is among some of the best on the market.
The Gold Bar
A similar experience can be acquired from The Gold Bar, a website where you can sell your gold, and you will get paid for it. The site itself is more about selling gold rather than buying, but it does bring you a whole bunch of benefits, such as being able to sell all kinds of gold products. Itโs definitely one of the places to consider if you love selling gold, and it does bring in a variety of unique ideas into the mix.
Gold Trader
Gold Trader is known for offering a variety of buying and selling options for gold in South Africa. They go the extra mile when it comes to selling coins as well, and you can sell your diamonds too. The advantage is that the company only buys certified diamonds and goods, and that will end up offering a much better experience. It will surely make it better for you if you choose their service, but you also need to realize that this is an exchange where you can sell and buy all kinds of gold and silver, along with other products. That might be the better option for a lot of users, so keep it in mind.
Gold and Finance
Gold and Finance is a solid option to consider if you want to sell your gold and jewelry in general. They are buyers only, so this is valid only if you want to find a good place where to sell gold in South Africa. We believe that the value they deliver here is great to begin with, and you will be quite amazed with their prices and service. You let them know what you want to sell, they send an offer, and the process is pretty seamless. The company has been in business for 31 years, and they do have a very loyal client base. Even if youโre new as a client, they are still very fair, and they do give a solid return for your gold products.
IBV Gold
The company does a very good job at providing a huge variety of gold buying options. They are specialized in selling the gold and not exactly buying it. But they do acquire some stuff like Silver or Gold Krugerrands if you have. Prices are pretty normal for this type of investment, and overall, the company is bringing in a solid experience and exceptional value for your purchase. We do think they are very professional and you will be quite happy with your purchase here. One thing to note, a lot of these items will go out of stock very fast, so you want to ensure you monitor their collections and products often.
African Bullion
African Bullion is a wonderful place where you can buy Gold South Africa and the good thing about it is the fact that you can opt for coins, bars and a variety of other options. They also have a lot of resources to help educate customers, which is great to have in this type of situation. And since they are very professional, they maintain a high quality approach to ensure customers will continue to use their services. As a whole, we think the quality and value you get here are great, and African Bullion is a better option to buy any bullion in no time.
JM Bullion
If you want to buy coins in South Africa then it does make a lot of sense to use JM Bullion. The company does a really good job at offering multiple options to purchase, and they also have sales often. We should also note that the entire process is very secure, and they take pride in keeping a very seamless and comprehensive system.
Gold Reef City Mint
The website does offer you a multitude of options to consider when it comes to buying gold. And they are actually quite fair with their prices. With that being said, you can opt for all kinds of solutions here, and thereโs definitely a lot of value to be had with it. Yes, it will take a bit of time to narrow down the right investment, but in the end it will be totally worth it.
Gold Capital
In case you want to sell your gold in South Africa, Gold Capital is definitely a good option to consider. They offer cash loans, but also buy jewelry and gold outright. Itโs a great idea if you are looking where to sell gold in South Africa. With that being said, they do an excellent job at making sure that you have access to the quality and ease of use you are interested in.
Gold Exchange
Yes, Gold Exchange is a solid contender too, if you want to sell gold in South Africa. A lot of people go to this place because they do offer a very fair price and great accuracy. On top of that, they do adhere to the industry standards and have good certifications. To make things even better, you will also note that they have insurance policies and a variety of other things too.
Scoin Shop
The shop has been around for 25 years and they are indeed a solid place where you can buy or sell gold in South Africa. What a lot of people like about them is the great commitment they provide, and also the unique attention to detail. And on top of that, you will notice that they have regular coins, but rare ones as well. That means thereโs a lot of value to be had in here, and they do maintain consistent pricing, along with some of the best offers on the market. Itโs definitely a good place to check out, especially if you are serious about purchasing gold.
Galaxy Gold Buyers
We like the fact that they do buy a large variety of gold products, and that does make it a good option to consider. With that in mind, you do have to go to them directly, but online you can send an inquiry, ask for a quote and so on. A lot of people will love this just because it truly is one of the most interesting and exciting places to explore, not to mention they have comprehensive solutions in place.
Conclusion
If you want to start investing in gold South Africa or just sell the gold you have, these are some great websites to consider. They are quite impressive and you can get some really good deals here. Yes, it will take a little bit to vet every single spot when it comes to knowing whether they are a good fit or not. But in general, you will find that buying and selling gold from these places is easy to do, but itโs up to you to study the market and find the ideal spot. Rest assured that these are some of the most popular gold exchanges, so they are definitely worth checking out!
