Two cast gold bars of different weights. isolated on a white background.
Monitor spot price for gold to make informed decisions when buying or selling. Crucial for informed investment choices.If it marks the plate/tile, it’s likely real gold as other metals won’t leave a similar markIf it marks the plate/tile, it’s likely real gold as other metals won’t leave a similar mark Gold bullion, coins, and scrap gold jewelry are a great way to invest.
The current price of gold is $1978.00 per ounce.
It may be a good time to consider selling your gold or building your gold investment portfolio.
Market forces of supply and demand determine the spot price, which reflects the current trading price of gold in global markets like the London Gold Market or the New York COMEX (Commodity Exchange). This spot price serves as a benchmark for pricing bullion products, such as bars and coins, and as a reference point for valuing other financial instruments like gold futures contracts and exchange-traded funds (ETFs).
24k gold is 99.9% pure. It won’t stick to a magnet, it won’t discolor, and it will scratch the ceramic tile. It is what spot price is based on. has not been mixed with any other materials, and is the purest of all gold types. Using it in jewelry is not common in the United States, as it is the most expensive form, and is not suitable for rings or wearable jewelry, since it is soft, prone to bending and scratching, and doesn’t retain its shape well. Its inability to hold its appearance over time also discourages its use in jewelry. However, it is frequently used to mint bullion bars and coins. The color of 24K gold is bright and orangish. With this, it is not attractive and doesn’t look as nice if used for wearable goods.
24k gold is the best purity to sell to a gold buyer if you are looking to make a lot of money and get instant cash.
18k gold is 75% pure and thus has 25% alloy materials, such as nickel and used for jewelry and everyday practical wear. It will scratch because it is still soft in nature. It is more yellow in color and more attractive compared to 24k gold. 18k gold is still expensive, and items made from 18k gold can be expensive.
Jewelry made with 14k gold is composed of 58.3% pure gold and 41.7% alloys, which may include nickel, copper, silver, or zinc. It is popular in jewelry because it is durable and affordable. It doesn’t scratch as easily as 18k or 24k, and it will hold its shape well. Most bridal sets, engagement rings, and gold jewelry are made using 14k gold because of affordability, and a pleasing yellow appearance.
10k gold is 41.7% pure and has 58.3% alloys of nickel, copper, silver, and zinc. It’s durable and doesn’t scuff and scratch. It is affordable for most people, has an appealing pale yellow color, and used in wearable jewelry, and is a practical choice. Because it has less gold content, it will not bring as much money if you are selling to a reputable gold buyer compared to 24k.
The purity of gold can affect the price it is sold for. Gold bullion is typically sold by weight and purity, and the price per unit is based on the current market price for gold. The purity of gold is usually expressed in terms of its karat (or carat) value, which refers to the proportion of pure gold in the alloy.
The most common purities of gold are 24 karat (99.99% pure), 22 karat (91.67% pure), 18 karat (75% pure), and 14 karat (58.33% pure). Generally, the higher the karat value, the purer the gold, and the higher the price per unit. This is because purer gold is more valuable and rarer than lower-purity alloys.
The spot price of gold refers to the current market price of gold for immediate settlement or delivery, which is typically quoted per ounce or per gram of pure gold.
It’s important to note that the spot price of is constantly changing due to fluctuations in market conditions, and can vary from day to day, or even from hour to hour. Monitor spot price for gold to make informed decisions when buying or selling. Crucial for informed investment choices.
We Buy Coins!
Bullion refers to gold bars or ingots typically sold by weight and purity, and often used as a store of value or investment. Gold bullion can come in various weights and sizes, from small coins to large bars. The value of bullion is primarily based on the weight and purity of the gold itself.
A government or private mint typically produces gold coins, which can serve as currency or collectibles. Gold coins usually command a higher premium than bullion due to their rarity, history, and craftsmanship, even though they can be sold based on weight and purity. Moreover, coins can come in different sizes, shapes, and designs, and mints may produce them in limited editions or to commemorate events.
There are many types of gold coins available, but some of the most popular and well-known coins include:
Gold is one of the precious metals that can be difficult to tell if it is fake. A magnet test is one way to separate fake gold from pure gold, and it is not magnetic. When you place a strong magnet against the surface of your necklace or ring, it won’t move or stick. If it does, it is not
Jewelers place a stamp indicating the gold content, called a “hallmark”. To determine the content of a piece of jewelry, inspect the inside of a ring or the back of a pendant for the hallmark. If the hallmark reads 14K, it means the gold has a purity of 58.3% gold content.
Gold doesn’t rust or discolor, but wearing a non-gold ring may cause discoloration on your finger. Have you ever noticed a green ring around your finger after wearing a ring that you believed was pure gold? The discoloration on your finger will wash away, because the ring isn’t made of gold.
To determine if their items are genuine, some people perform a ceramic test by scraping their piece of jewelry across a piece of ceramic tile or plate. If it marks the plate/tile, it’s likely real gold as other metals won’t leave a similar mark
A tell-tale way to determine if you’re selling coins, bullion, or scrap gold is to find an expert to authenticate your piece. Pawn shops and jewelry stores have experts who can determine the purity of your gold before you sell it.
At Garden City Pawn in Garden City, MI, they can appraise your gold while you wait. If you are interested in selling bullion or selling bullion coins, they can get you cash in hand in minutes. Sell your items with confidence and get instant cash in hand.
Garden City Pawn embodies everything a modern day pawn store should. Do you need quick cash? Do you want the lowest interest rate on a pawn loan? Are you looking for a pawnshop that is honest, upfront and clean? Garden City Pawn is the place for you.
They are always buying, selling and loaning… and they offer friendly service. They do whatever it takes to make your pawn shopping experience with them a great one! Their 2500 square foot showroom is clean, bright, & safe… And they take great pride in putting their customers first.
Located at Ford Road & Venoy in Garden City, they are just a few minutes from I-275, I-96 and Michigan Avenue.
They accept gold, bullion, coins, silver coins, bars, diamond jewelry, Rolex watches, luxury handbags, tools, musical instruments, and even motorcycles. Stop in and see them today.
Garden City Pawn
We firmly believe that the internet should be available and accessible to anyone, and are committed to providing a website that is accessible to the widest possible audience, regardless of circumstance and ability.
To fulfill this, we aim to adhere as strictly as possible to the World Wide Web Consortium’s (W3C) Web Content Accessibility Guidelines 2.1 (WCAG 2.1) at the AA level. These guidelines explain how to make web content accessible to people with a wide array of disabilities. Complying with those guidelines helps us ensure that the website is accessible to all people: blind people, people with motor impairments, visual impairment, cognitive disabilities, and more.
This website utilizes various technologies that are meant to make it as accessible as possible at all times. We utilize an accessibility interface that allows persons with specific disabilities to adjust the website’s UI (user interface) and design it to their personal needs.
Additionally, the website utilizes an AI-based application that runs in the background and optimizes its accessibility level constantly. This application remediates the website’s HTML, adapts Its functionality and behavior for screen-readers used by the blind users, and for keyboard functions used by individuals with motor impairments.
If you’ve found a malfunction or have ideas for improvement, we’ll be happy to hear from you. You can reach out to the website’s operators by using the following email
Our website implements the ARIA attributes (Accessible Rich Internet Applications) technique, alongside various different behavioral changes, to ensure blind users visiting with screen-readers are able to read, comprehend, and enjoy the website’s functions. As soon as a user with a screen-reader enters your site, they immediately receive a prompt to enter the Screen-Reader Profile so they can browse and operate your site effectively. Here’s how our website covers some of the most important screen-reader requirements, alongside console screenshots of code examples:
Screen-reader optimization: we run a background process that learns the website’s components from top to bottom, to ensure ongoing compliance even when updating the website. In this process, we provide screen-readers with meaningful data using the ARIA set of attributes. For example, we provide accurate form labels; descriptions for actionable icons (social media icons, search icons, cart icons, etc.); validation guidance for form inputs; element roles such as buttons, menus, modal dialogues (popups), and others. Additionally, the background process scans all of the website’s images and provides an accurate and meaningful image-object-recognition-based description as an ALT (alternate text) tag for images that are not described. It will also extract texts that are embedded within the image, using an OCR (optical character recognition) technology. To turn on screen-reader adjustments at any time, users need only to press the Alt+1 keyboard combination. Screen-reader users also get automatic announcements to turn the Screen-reader mode on as soon as they enter the website.
These adjustments are compatible with all popular screen readers, including JAWS and NVDA.
Keyboard navigation optimization: The background process also adjusts the website’s HTML, and adds various behaviors using JavaScript code to make the website operable by the keyboard. This includes the ability to navigate the website using the Tab and Shift+Tab keys, operate dropdowns with the arrow keys, close them with Esc, trigger buttons and links using the Enter key, navigate between radio and checkbox elements using the arrow keys, and fill them in with the Spacebar or Enter key.Additionally, keyboard users will find quick-navigation and content-skip menus, available at any time by clicking Alt+1, or as the first elements of the site while navigating with the keyboard. The background process also handles triggered popups by moving the keyboard focus towards them as soon as they appear, and not allow the focus drift outside of it.
Users can also use shortcuts such as “M” (menus), “H” (headings), “F” (forms), “B” (buttons), and “G” (graphics) to jump to specific elements.
We aim to support the widest array of browsers and assistive technologies as possible, so our users can choose the best fitting tools for them, with as few limitations as possible. Therefore, we have worked very hard to be able to support all major systems that comprise over 95% of the user market share including Google Chrome, Mozilla Firefox, Apple Safari, Opera and Microsoft Edge, JAWS and NVDA (screen readers), both for Windows and for MAC users.
Despite our very best efforts to allow anybody to adjust the website to their needs, there may still be pages or sections that are not fully accessible, are in the process of becoming accessible, or are lacking an adequate technological solution to make them accessible. Still, we are continually improving our accessibility, adding, updating and improving its options and features, and developing and adopting new technologies. All this is meant to reach the optimal level of accessibility, following technological advancements. For any assistance, please reach out to