Gold Traders (UK) Ltd

Gold Traders (UK) Ltd: buying and selling gold and precious metals in Wiltshire and Bodmin

Gold Traders (UK) Ltd presents itself as a buyer of gold and precious metals operating in the South West of England. The company claims to be the first UK gold dealer verified and approved by Trading Standards, and describes itself as the only Trading Standards approved gold dealer in Wiltshire and the South West. Its activity focuses on buying gold and other precious metals, both through a postal service and in person at its offices in Royal Wootton Bassett and Bodmin.

Buying gold and precious metals

The company buys gold in various forms: scrap gold, jewellery, coins, bullion, dental gold, crowns and bridges, as well as platinum crucibles and laboratory scrap. It also buys silver, platinum and palladium. Items accepted include gold coins, silver coins, gold and silver bullion, and pre-decimal silver coins. The website states that the company buys gold and silver, both in jewellery and watches.

The selling process can be done by post or in person. For postal shipments, the company provides a form that the customer must complete and sign. Once the items are received, a valuation is carried out and an offer is made based on live market rates. If the customer accepts, payment is made by bank transfer or cash.

Prices and buying conditions

According to published information, the company pays 90.9% of the spot price for scrap gold and 94.8% of the spot price for gold Sovereigns. These figures are presented as part of its transparency policy, in contrast to other services that, according to the company, offer below-market payouts. The company states that it does not apply testing fees or small print, and that payment is made on the same day the offer is accepted.

The website includes a calculator so customers can estimate the value of their items by entering the weight in grams and the purity. Accepted purities for gold include 8ct, 9ct, 10ct, 14ct, 15ct, 18ct, 21ct, 22ct and 24ct; for silver, 500, 800, 925 and 999; for platinum, 700, 850, 870, 900, 940, 950 and 999; and for palladium, 900, 950 and 999.

Selling coins and bullion

In addition to buying precious metals, Gold Traders (UK) Ltd sells coins and bullion. The company presents itself as an authorised distributor for The Royal Mint and offers both recent Royal Mint releases and pre-owned coins from various dates. Its sales catalogue includes 1oz gold coins, gold Sovereign coins, 1g and 1oz gold bars, 1oz silver coins, Britannia silver coins, and 1kg and 1oz silver bars.

Additional services

The company offers a holding account service that allows customers to store their precious metals and sell them whenever they wish. It also carries out probate valuations. The website also mentions a campaign to introduce regulation into the precious metals market.

Presence and customer service

Gold Traders (UK) Ltd operates from two locations: Royal Wootton Bassett (Wiltshire) and Bodmin. The Royal Wootton Bassett counter has opening hours from 9:30am to 2:30pm. The company also offers a nationwide postal service. At the time of scanning, the website showed a rating of 5.0 out of 5 based on 2,241 reviews, with testimonials highlighting the speed of payment, the transparency of the process and the professionalism of the service. Some customers mention having received payments on the same day or within a few days, and value the communication during the process.

Location and contact

Email: info@gold-traders.co.uk · Hours: 9:30am to 2:30pm