Where and How to Sell Gold | Loja do Ouro

March 10, 2026

Complete guide to selling gold

Selling gold can be an excellent way to earn extra income, but it is natural for questions to arise, especially for those who have never gone through this process.

Among the most common questions are:

How does the appraisal work?
How much is my gold worth?
Is it safe to sell?
What is required?

In this complete guide, we explain how the sale of gold works, what precautions to take, and why you can do it with complete confidence at Loja do Ouro.

1. What you should do before selling gold

The first step is simple: look for items at home that you no longer use. Broken jewelry, outdated pieces, old chains, coins, or even gold bars can have significant value.

Step-by-step - Buying and selling used gold

Before selling, it is important to:

Understand that the value will differ depending on the gold's purity level (karats) or the price per gram;
Know that the value of gold differs depending on whether it is new or not;
Keep in mind that the market price fluctuates daily - the price per gram today may be different from yesterday's price and will be different from tomorrow's price;

The international gold price varies daily and depends on the international market, specifically the London Bullion Market Association. Therefore, the value per gram can change every day.

2. How gold is appraised

At Loja do Ouro, appraisals are always performed in person by qualified professionals with experience in analyzing precious metals.

The process includes:

Verification of the hallmark

We analyze the mark that indicates the purity of the gold (karats). When the mark is not visible, we use other methods to confirm authenticity, specifically through specialized equipment.

Technical tests

Tests are carried out using a magnet (gold is not magnetic), a touchstone, and specific liquids to determine the metal's degree of purity.

Specialized equipment

When necessary, we use metal and gemstone analyzers to ensure maximum precision.

Weighing on a precision scale

After determining the karats, the item is weighed and calculated according to the daily rate, state of preservation, and characteristics of the piece.

The entire process is carried out in front of you, and every step is explained clearly and transparently by the professional assisting you.

3. What type of gold you can sell

At Loja do Ouro, we buy:

Gold jewelry (from 9k to 24k);
Portuguese or foreign gold;
Broken or damaged items;
Gold coins and sovereigns;
Gold bars (even without a certificate);
Silver items;
Pawn tickets;

Even old, damaged, or incomplete pieces can have value; visit us and ensure you are not missing out on money.

4. What documents are required

To sell gold, you only need:

Citizen Card or Identity Card
Taxpayer Number

Documentation is required by law. According to Law No. 98/2015 (Art. 66), all purchases are reported weekly to the competent authorities.

Your data is used exclusively for legal purposes.

5. Is payment made on the spot?

Yes.

After the appraisal and if you agree with the presented value, payment is made immediately.

You can choose between:

Cash (up to €999.99);
Bank transfer;
Check for deposit or withdrawal;

6. Why choose Loja do Ouro

Selling your gold requires trust. Therefore, it is essential to choose a credible and licensed entity.

At Loja do Ouro, we are:

An Official Appraiser licensed by the Imprensa Nacional Casa da Moeda (National Mint);
PME Líder and PME Excelência certified;
A company with 17 years of experience in the sector;
A benchmark in the central region for pawning, as well as buying and selling gold;

Our mission is to dignify the precious metals buying and selling business, ensuring rigor, transparency, and the best possible values within market conditions.

7. How much is your gold worth?

The value of gold depends on several factors:

Daily international price
Karats of the piece
Weight
State of preservation

Therefore, only an in-store appraisal allows us to assign an exact value.
The evaluation of the pieces' characteristics and conditions is performed step-by-step and in front of you.