Gold Pawnbrokers Near Me

How much do pawnbrokers pay for gold per gram? Get instant cash loans against your gold or sell gold outright. No credit checks, immediate payment. Compare pawnbroker gold prices with dealer rates and find trusted pawnbrokers across the UK.

Pawn vs Sell: Which is Right for You?

Pawn Your Gold

✓ Get 40-60% of gold value as loan
✓ Keep ownership of your gold
✓ 28 days to repay + interest
✓ Option to extend loan period
✓ Get your gold back when repaid

Best if: You need temporary cash and want your gold back

Sell Your Gold

✓ Get 90-98% of gold value
✓ Immediate full payment
✓ No interest or fees
✓ No repayment needed
✓ Permanent sale

Best if: You don't need the gold back and want maximum value

Pawn Loan Calculator

Gold Weight (grams)

Gold Purity

Loan Percentage: 50% of value

Most pawnbrokers offer 40-60% of gold value

Pawn loans typically charge 5-10% monthly interest. The amount shown is what you'll receive, not including interest for repayment.

Pawn Loan

£285.25

Instant cash loan

Sell Outright

£570.49

Full sale value

Pawn Loan Details

Gold Value:£570.49

Loan Amount (50%):£285.25

Monthly Interest (8%):£22.82

Total to Repay (28 days):£308.06

Quick Comparison:
• Pawn: Get £285.25 now, pay £308.06 to reclaim
• Sell: Get £570.49 now, no repayment needed
• Difference: £285.25 more if you sell

Important: Pawn loan APR can exceed 100%. Only pawn if you're certain you can repay within the timeframe.

Prefer to sell outright? Here's what dealers would pay:

Estimated Dealer Payouts

Best today: £638.95

Gold prices change daily — lock in today's rate before it moves.

1.Hatton Garden Metals(84%)
£638.95
4.9 TrustpilotInsured postal kit · price fixed 2 working days
Get Quote
2.BullionByPost(84%)
£638.95
Same-day payment · UK's largest
Get Quote
3.Local pawnbroker(58%)
£441.18
Instant cash · Walk-in
View

Estimated payouts based on typical dealer rates (updated 25 days ago). Actual offers may vary. We may earn commission from some links.

Find Local Dealer

How Gold Pawning Works

Bring Gold

Take your gold to a pawnbroker with ID

Get Valued

Free valuation and loan offer (40-60% of value)

Receive Cash

Instant cash payment, gold stored securely

Repay & Collect

Pay back loan + interest within 28 days

28-Day Period: Most pawnbrokers offer a standard 28-day loan period with option to extend. Interest typically ranges from 5-10% per month.

What You Need to Bring

Required ID (one of):

• Valid UK passport
• UK driving licence (photo card)
• EU national identity card
• Biometric residence permit

Proof of Address:

• Utility bill (last 3 months)
• Bank statement (last 3 months)
• Council tax bill
• Tenancy agreement

Pawnbrokers are regulated by the FCA and must verify your identity by law

Major UK Pawnbroker Chains

H&T Pawnbrokers

250+ stores nationwide, established 1897. FCA regulated.

National Chain

Cash Converters

180+ UK stores, instant valuations, buyback guarantee.

National Chain

Ramsdens

150+ branches, foreign currency & pawnbroking services.

National Chain

Albemarle Bond

Specialist pawnbroker, competitive rates on gold loans.

Specialist

Find Local Gold Pawnbrokers

Search for pawnbrokers and gold buyers in your area

Tips for Best Pawnbroker Rates

Do's:

✓ Compare offers from multiple pawnbrokers
✓ Clean your gold before valuation
✓ Bring original boxes/certificates if available
✓ Understand interest rates and fees upfront
✓ Keep your pawn ticket safe
✓ Set reminders for repayment date

Don'ts:

✗ Don't accept the first offer
✗ Don't pawn sentimental items you can't afford to lose
✗ Don't forget the repayment deadline
✗ Don't ignore the small print
✗ Don't pawn stolen goods (illegal)
✗ Don't lose your pawn ticket

Frequently Asked Questions

How much can I borrow against my gold?

Pawnbrokers typically offer 40-60% of your gold's current market value as a loan. For example, if your gold is worth £1,000, you might receive £400-600.

What happens if I can't repay the loan?

If you don't repay within the agreed period, the pawnbroker can sell your gold to recover the loan. Any excess value above the loan and fees should be returned to you.

Can I extend my pawn loan?

Yes, most pawnbrokers allow extensions. You'll need to pay the interest for the current period and agree to new terms. Some allow multiple renewals.

Is pawning gold safe?

Yes, UK pawnbrokers are regulated by the FCA and must follow strict rules. Your gold is insured while in their possession, and you have legal rights as a consumer.

Do pawnbrokers report to credit agencies?

No, pawn loans don't appear on credit reports and don't require credit checks. However, pawnbrokers must verify your identity and keep records for anti-money laundering purposes.

Do pawnbrokers pay a fair price for gold?

Pawnbrokers typically pay 40-60% of gold value for pawn loans and 70-85% for outright purchases. Specialist gold dealers often pay 84-90% of melt value. Always check your gold's value before visiting and compare offers from multiple buyers including cash for gold services and specialist dealers.

Quick Actions

Why Use Pawnbrokers?

No Credit Checks

Instant approval based on gold value

Immediate Cash

Walk out with money in minutes

Get Items Back

Reclaim your gold when you repay

FCA Regulated

Consumer protection by law

Typical Interest Rates

Monthly rate:5-10%

APR equivalent:60-120%

28-day loan on £500:£25-50 interest

Pawn loans have high interest rates. Only borrow what you can afford to repay.

Need Quick Cash? Compare Your Options

Whether you want to pawn your gold for a short-term loan or sell it outright, we'll help you find the best deal from trusted UK dealers and pawnbrokers.