sell diamonds

A significant surge in gold shipments to the United States has precipitated a notable shortage of bullion in London, as traders amass substantial stockpiles in New York amid concerns over potential tariffs from the Trump administration. This movement has led to increased waiting times for withdrawing gold from the Bank of England’s vaults, extending from a few days to between four and eight weeks.

The price of gold continues its upward trajectory, with a notable rise in value as of January 14, 2025.

The start of 2025 has presented a promising opportunity for Australians looking to sell their gold and silver jewellery.

For years, round and oval diamonds have dominated the engagement ring scene, but Selena Gomez’s stunning new ring suggests a shift towards something more unconventional.

Gold Price Climbs

While gold and silver prices have softened, this does not necessarily mean it’s a bad time to sell your old jewellery.