How does pawnbroking work?

Pretty simple. You bring something in, we have a look, and we make you an offer. If you're happy with it, you walk out with cash. Your item stays safe with us until you pay back the loan plus a bit of interest. When you're ready, come pick it up.

Do I need to book an appointment?

Nah, just walk in. We're here Monday to Friday 8:30 to 5:30, and Saturday 10 to 3. Bring your item and some ID and we'll sort you out.

How quick can I get cash?

Same day. Usually within about 15 minutes once we've valued your item. No paperwork dramas, no waiting around.

Do you run credit checks?

No. We don't check your credit, we don't care about your other loans. The loan is secured against your item, not your credit score. That's the whole point of pawnbroking.

What if I can't pay back the loan on time?

Give us a ring and we'll work something out. We'd much rather help you get your stuff back than make things harder for you. We've been doing this for 30 years, we've seen it all.

How do you decide what something is worth?

We look at what it's actually worth on the market right now. For gold, we use the live spot price. For everything else, we check condition, brand, and current resale value. We'll show you exactly how we got to the number.

Gold, jewellery, watches, designer bags, electronics, musical instruments, power tools, and more. If you're not sure, just bring it in. We'll have a look and let you know. No charge for that.

Is it free to get a valuation?

Yep, always free. Come in, we'll tell you what we think it's worth, and you can decide from there. No pressure, no obligation.

222 Burwood Road, Burwood. Right on the main strip. We've been in the same spot since '95. Easy parking out front.

Do you buy gold outright?

We do. Gold jewellery, coins, bullion, scrap gold, silver, platinum. We pay based on the live market rate and you get cash on the spot. Free valuation, no obligation.

Is my stuff safe with you?

Absolutely. Everything is stored securely and insured. We've been looking after people's valuables for over 30 years. Your items are in good hands.

Can I buy items from you?

Check out our eBay store for what we've got available. We list quality items at fair prices. Gold, jewellery, watches, bags, electronics, you name it.

Gold3 min read15 February 2026

Gold price today: what it means for selling your gold

Name: Aussie Loan Office
Address: 222 Burwood Rd, Burwood, NSW, 2134, AU
Telephone: 02 9715 7200
Price range: $$
Rating: 4.9

The price of gold moves every day. If you are thinking about selling, understanding what drives the price helps you make a better decision.

Why does the gold price change?

Gold is traded on global markets. The price is influenced by supply and demand, inflation, currency movements (especially the US dollar), interest rates, and geopolitical events. When uncertainty rises, gold prices tend to go up.

Spot price vs what you get

The "spot price" is what gold trades for on the market. When you sell jewellery or scrap gold to a dealer, you will get less than spot price. This is because the dealer needs to cover costs and make a margin.

A fair dealer will pay 70 to 90 percent of the gold content value. The percentage depends on the purity, weight, and the dealer.

Should you wait for a higher price?

Timing the market is difficult. If you need cash now, waiting for a higher price is a gamble. Gold could go up or down. Most people sell when they need to, and that is perfectly reasonable.

How we handle it

At Aussie Loan Office, we check the live spot price when you walk in. We test purity, weigh your gold, and calculate a fair offer based on that day's market rate. You can see the numbers yourself.

No pressure to sell on the spot. If you want to think about it, take your gold home and come back any time.

Got questions?

Give us a ring on 02 9715 7200or pop into the shop. We're happy to help.

Get Directions→ Visit Us Today Call Now• 02 9715 7200

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Spot price vs what you get

A fair dealer will pay 70 to 90 percent of the gold content value. The percentage depends on the purity, weight, and the dealer.

How we handle it

At Aussie Loan Office, we check the live spot price when you walk in. We test purity, weigh your gold, and calculate a fair offer based on that day's market rate. You can see the numbers yourself.

No pressure to sell on the spot. If you want to think about it, take your gold home and come back any time.