Birmingham Gold Co - Sell Gold & Silver Blog

Gold price Leaps on news of US New Tariffs Against China - A Great Time To Sell Gold - 02/08/2019

Gold price Leaps on news of USNew Tariffs Against China - A Great Time To Sell Gold - 02/08/2019

Well, we've been saying it over and over again these past few weeks, that one of the key current factors affecting the price of Gold was the trade war between the US and China. Gold rose nearly 2% when Donald trump says that the US WILL impose new tariffs on Chinese imports after weeks of on and off unsuccessful talks. This breakdown in relations and the tariffs will also mean the dollar will slide, as it has, from its recent two year high. Trump said on Thursday he would impose an additional 10% tariff on $300 billion worth of Chinese imports starting Sept. 1, as talks aimed at easing tensions between the world's two largest economies continue.

Spot gold rose 1.9% to £1183 per ounce whilst Platinum fell by 1% and palladium by some 6%

The factors that currently affect the price of Gold in the Uk are as follows

1/ US-China economic relations

2/ US-EU economic relations

3/ The Strength or Weakness of the Dollar of course (also linked to 1/ and 2/)

4/ The Strength of the Pound especially given Brexit 

5/ World Political Scene, most recently US and UK and Iran

Watch this space for more news and you can subscribe to this blog


Birmingham Gold Company |Sell Gold | About us


The Birmingham Gold Company 94 Vyse st, Birmingham B18 6JZ tel 0121 448 0488 -Sell Gold Jewellery & Scrap

We've always bought gold silver and platinum. The Birmingham Gold company started life in 2007 as the Manchester Gold Company and we quickly established ourselves in the Birmingham Jewellery Quarter in 2010 as one of the busiest gold and silver scrap buyers and also buyers of fine jewelery, watches and diamonds. We have always striven to pay the maximum price for our customers gold and silver as posible and we estimate that with some £27milion spent over 10 years we make less than 4% and yet we are stil one of the very busiest so we must be doing something right. We remain a family run business with a reputation for honesty and fairness.

Where Do We Sell Our Gold & Silver ? We recycle all gold and silver either by 1/ Melting items bought into gold and silver bars and selling them on to European precious metal refiners for final end-processing. 2/ Recycling Items by melting and casting them into grain for re-use by the jewellery trade Our Gold Buyer Prices

We have been told many times by our customers that we offer far more than local jewellers and cash for vintage companies, many of whom do not show transparent gold and silver prices, and actually make offers far below scrap. That way if they cannot sell on your gold and silver as items they can scrap them with companies like ours.

Q. So what is the point in travelling hundreds of miles to sell gold, scrap gold and silver to us in Birmingham? A. Simply, when you sell gold, silver & platinum to us, you cut out the middleman ie your local jeweller / gold buyer / cash for vintage buyer who buys it from you & then sells it to gold companies like us. In the process they often earn up to £4 a gram by just passing it on. If you have 100 grams or more of 9 carat then you have lost up to £400 by simply not coming to see us! It could be double that for 18 carat. Deal direct with one of the most popular gold buyers in the UK & If you don't want to travel then post it to us using our secure postal service. Customers sell gold to us from afar as Edinburgh, Cardiff, Leeds, & London We consistently pay amongst highest & best true gold and precious metals prices to the Trade & Public in the UK. Paying on average 25% more than jewellers we've paid out more than £16 million. We specialise not only in buying hallmarked gold but also unhallmarked items, asian gold and of course industrial items whether Gold, Platinum, Palladium or Silver.. We don't hide our scrap gold buyer prices, neither do we spam false sell gold reviews all over the Internet or use dubious gold price comparison websites . Best place to sell gold? Best gold prices? Where can I sell my Gold? The Birmingham Gold Company!

Along with our sister company the Birmingham Silver Company and also the Birmingham Watch Company we strive to pay you the best prices for all your gold silver and watches.


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 To sell Gold,  Silver, Platinum etc to us, first read our sell gold / silver guide then use our Calculator and finally  either Call In to our Counter Service,  OR Post Your Items To us Via Special Delivery Post.  You can also call us on 0121 448 0488 OR use our General Enquiry Form 

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