Gold Buyback Price
Last updated: 23.01.2025
Gold Buyback
The Tartu pawnshop Kullake offers a professional and reliable gold buyback service, ensuring confidentiality and friendly service. Our pawnshop specializes in buying and selling gold and gold jewelry. If you want to pawn or sell gold, gold coins, gold bars, gold chains, or any other gold jewelry or items – you are on the right website.
Gold Buyback in Tartu, Annelinn
Gold buyback in Tartu is simple and convenient. If you want to receive an offer for your gold items, please fill out the price quote form. After receiving your request, we will send you a personalized offer with the item's value and our comments. If you agree with the offer, contact us or visit us to complete the transaction. Once everything is clear, we will pay you the agreed amount on the spot or via bank transfer to your preferred account.
Gold as One of the Most Popular Precious Metals
Gold (chemical element Au) is one of the world's most valuable and sought-after precious metals, with a rich history and many different applications. This article provides an overview of gold's history, value, and properties to help you better understand the gold buyback process and gold's role in modern society.
The History of Gold: From Ancient Civilizations to the Present Day
The history of gold dates back thousands of years. The first known gold coins are believed to have existed even before our era. Gold was already in use in Ancient Egypt and Mesopotamia. It was often associated with gods and royalty and was a valuable metal that facilitated trade between nations.
During the Middle Ages, gold became increasingly important in Europe. It was one of the primary means of exchange and trade and was used in coin minting. Today, gold remains a crucial element in the global economy. It is used for investment, in the jewelry industry, and extensively in the production of various small components in the electronics industry.
The Value of Gold: Why Is Gold So Valuable?
The value of gold is derived from several key factors:
- Rarity: Gold is a rare element found in limited quantities in the Earth's crust. Its value has been constantly rising and is expected to continue increasing as demand exceeds supply.
- Chemical Properties: Gold does not react with air or water, meaning it does not break down or corrode over time. This makes gold an ideal metal for making jewelry and coins.
- Aesthetic Appeal: Gold’s bright yellow color, soft texture, and natural shine have fascinated people since its discovery. This is why gold is highly valued in the jewelry industry.
- Universal Acceptance: Gold is widely accepted worldwide as a valuable exchange instrument. Its value depends on global market prices, which are determined by supply and demand.
Gold Properties and Applications
Gold has several unique properties that make it a highly desirable metal in various industries:
- Chemical Stability: Gold is one of the least reactive metals, meaning it does not react with oxygen, water, or most chemical compounds. This ensures its long-lasting beauty and shine.
- Excellent Conductivity: Gold is an excellent conductor of electricity and heat. For this reason, it is widely used in the electronics industry, such as in the production of computers, mobile phones, and other electronic devices.
- Soft and Malleable: Gold is a soft metal that can be easily shaped and processed. This property makes gold ideal for the jewelry and art industries.
- Alloy Formation: Since gold mixes well with other metals, it is often used in making alloys. Gold alloys are usually stronger and more durable than pure gold, expanding its range of applications.
Additionally, gold is widely used in various industries today:
- Jewelry Industry: Most of the world’s gold is used in jewelry making. Gold jewelry is valued for its beauty, durability, and timeless worth.
- Investments: Gold is a popular investment asset often used to protect investment portfolios from inflation and/or economic crises. Many investors purchase gold bars, plates, coins, or gold fund shares to safeguard their assets from potential depreciation.
- Electronics Industry: Gold is an essential component of many electronic devices due to its excellent electrical conductivity and chemical stability.
- Medicine and Dentistry: Gold alloys are widely used in medicine and dentistry for making implants, crowns, and other dental prosthetics.
Gold Sales
Gold sales have become increasingly popular, primarily because the price of gold has risen significantly in recent years. Our pawnshop offers competitive prices that are directly linked to global gold market rates. Additionally, our gold buyback prices are always transparent and fair. You can find the latest gold purchase prices and additional information on our service page: "gold price," which we regularly update according to global market prices.
NB: Please don’t forget to bring your identification document to ensure a smooth transaction.
We Buy Your Gold Jewelry
In addition to purchasing various gold items, we are particularly interested in gold jewelry. We offer payment either based on the gold’s gram weight or a negotiated price for more valuable pieces. You can sell us various types of jewelry, such as necklaces, rings, bracelets, or earrings. We are also interested in gold watches, brooches, or cufflinks. Additionally, we accept damaged jewelry.
Why Sell Your Gold Items to Us?
- Personalized and professional approach
- The highest market price for gold
- Fast transaction: the buying process is quick and simple
- Convenient location: We are located in an easily accessible area in Tartu, Kalda Tee 15 (Maxima XX)
- Delicious and affordable coffee for our clients
One of our founders, Tarmo, has built Estonia’s largest pawnshop network, Luutar Pandimajad. Thanks to this, our team has over 15 years of experience in the pawn and gold-related industries. Our primary goal is to provide our customers with pleasant, confidential, and professional service. Visit us and see for yourself! In addition to high-quality service, you can be sure that we offer the highest market price per gram of gold.
What Determines the Gold Price in 2024?
The gold price depends on several factors, including weight, purity, and current market prices. You can find more information about gold purchase prices on our service page gold price.
What Gold Items Do We Buy?
We are generally interested in all types of gold items, whether rings, earrings, gold coins, or jewelry made with other precious metals. Visit us at Kalda Tee 15, Tartu.
Typically, the following precious metal items/jewelry are sold or used as collateral for loans:
- Rings
- Necklaces
- Chains
- Watches/Pocket Watches
- Earrings
- Gold Bars
- Coins
- Cufflinks
- Other gold items
Request a Gold Purchase/Sale Offer
If you would like to receive an offer, contact us using the form below or message us directly on Messenger. For online appraisals, we typically respond within a few hours if the request is made during our pawnshop’s business hours.
The best way to get an accurate valuation of your jewelry or items is to visit our office in person. In most cases, the valuation takes less than 5 minutes. Our specialist will assess the value of your jewelry, determine the gold purity, and then provide you with an exact offer.
See you at Kullake!
