Many Australians have old jewellery sitting untouched in drawers, inherited from parents or grandparents, broken and forgotten. However, with gold trading at record highs in 2026 and still near historic levels, now is a practical time to check the live gold price and find out what those items are worth.
Gold Coast buyers like The Gold King are seeing more Queenslanders bring in inherited jewellery, old coins and estate pieces for assessment. Many are surprised by the results, as gold has remained strong despite rising living costs and currency fluctuations.
The key factor is purity. Gold items are marked with a karat rating: 9ct (37.5% pure gold), 14ct (58.5%), 18ct (75%), and 22ct or 24ct (91.6% to 99.9%). Even damaged or broken pieces retain their metal content and can be valued accordingly.
Finding a trustworthy buyer is crucial. A reputable dealer will test items transparently, explain their methodology, offer a price linked to the current global spot rate, and give you the option to walk away without obligation. The Gold King, based on the Gold Coast since 2007, uses XRF technology for non-invasive testing and offers free, no-obligation valuations.
Valuations are completed in under ten minutes, with immediate payment via OSKO bank transfer or cash. The Gold King also buys and sells gold, silver and platinum bullion using live market pricing.
