At Richmond Luxury & Loan, we specialize in offering cash for gold services, providing immediate cash payouts for your gold, jewellery, and luxury items. With over two decades of experience, we are trusted pawnbrokers who offer competitive prices based on  New York spot gold rates updated daily.

Why wait for consignment or mail-in services when you can get cash today? Our same-day payouts ensure you walk out with cash in hand, whether you’re selling gold jewellery, or other valuables. We make the process fast, transparent, and confidential.

Our Services Include:

• Cash for Gold: We pay top rates for your gold items, including gold jewellery, gold coins, and gold & silver bullion.
• Collateral Loans: Not ready to sell? Use your gold as collateral for a secure loan with flexible terms. Learn more about our loan services on the Loans Page.
• Buying and Selling: We not only buy gold but also offer luxury goods for sale, including fine jewellery, designer jewellery and watches.

Current Payout Rates

To give you a clear understanding of what we pay, here are the current rates for scrap gold, gold bars, coins, silver, and platinum. Rates are updated daily to reflect current market prices:

Why Choose Richmond Luxury & Loan?

• Same-Day Cash Payouts: Get cash today for your gold and luxury items without the wait.
• Transparent Gold Prices: Our gold prices are based on current market rates with no hidden fees.
• Trusted Pawnbrokers: Established in 2004, we have built a reputation for professional, friendly service in the Richmond community, with an A+ BBB rating.

For a free quote, visit us today at Richmond Luxury & Loan. We provide a secure and confidential service, ensuring you receive the highest payout for your gold. Whether you’re selling or taking out a loan, we’re here to assist with all your gold and luxury asset needs.

WHAT TO CONSIDER WHEN SELLING YOUR GOLD AND SILVER JEWELLERY:

Any reputable cash for gold buyer will offer a free estimate of your gold so be sure you are getting a fair payout by seeking more than one offer.

Gram weight – know the weight of your gold and silver before selling. Make sure you are given the gram weight of your item when getting a quote and consider a second opinion from a unbiased source.

Karat – Pure gold is 24 karat. Most gold jewellery ranges from 9 – 24 karat and the payout is based on the purity of your gold. Our testing devices are calibrated regularly and we utilize multiple testing sources to examine the karat of your gold.

Consider additional attributes of your jewellery item such as diamonds, precious stones, sellable design, etc.. Many gold buyers don’t take this into consideration when evaluating the price of an item resulting in a lower payout. At Richmond Luxury & Loan we have a highly qualified team of jewellery buyers and take into consideration all aspects of your jewellery.

SOME FAQ’S OF GOLD SELLING:

FAQ: Gold is a currency – shouldn’t all places pay out the same based on today’s market rate?

A: Unfortunately this is not the case. The prices many cash for gold stores pay out on gold are completely up to the discretion of the business and those who want to stay competitive will pay out the most. Currently in Vancouver alone, there are gold buyers which pay as little as 40% of your gold worth to as high as 95%.  Doing your research and getting multiple quotes is extremely important when you are ready to sell .

FAQ: Many cash for gold stores offer a “mail in your gold” service. Is this a good option?

A: We do not recommend this option. The issue with mail-in-your-gold places is that often times you are not there to see your gold get weighed and evaluated and the process takes days. Many places claim that if you are not happy with the cheque amount you receive, you must send it back “within 10 days” of when the cheque is issued.  Unfortunately, by the time you get it, you may have a lot less than 10 days. Many times these businesses also count on the fact that by the time they send you a cheque, the process of sending the cheque back and getting your gold back from the gold buyer is very time consuming and many people will just take the lower offer. Take advantage of the competitive local marketplace here in Vancouver area and get multiple quotes in person for your items.

WHAT WE PAY:

Our gold prices are based on up to the minute New York spot gold. For live quotes please see the below charts from www.kitco.com. There are no hidden fees or charges for selling your gold with us. For a free quote, please come into our store and speak with one of our friendly staff members.

ITEMS WE BUY:

Loan period of 60-90 days with an APR of 120%.  All loans can be extended for an additional 90 days if interest is paid up to date.  Example: A $100 loan will have an interest charge of $10 per 30 days for a total loan repayment of $130 at the end of the 90 day period.  There are no additional hidden charges or fees.