The bullion merchants

How to Buy and Sell Gold?

1. Before buying or selling gold, please read our terms and conditions, which govern all
transactions.

2. When you wish to buy or sell gold with us, we make it easy. Either call us at +44 (0)116 2552411 or if you would prefer, order online. We will agree a price with you and send your gold to you on receipt and clearance of your payment. When ordering large quantities, we may require a guarantee in the form of a deposit. To read our Frequently Asked Questions, please click here.

3. For a full list of our Buying and Selling Procedures please see below, which are provided as general guideline for your review. The terms and conditions will override any biguities in the Buying and Selling Procedures.

Buying Gold

1. Prices

You can find out our prices by calling us for a quote
on +44 (0)116 2552411 or you can view them
online
.

The prices of our gold products are based on
fluctuating markets and can vary during the day.

Our prices are all inclusive, with a slight premium
over spot to account for fabrication, distribution,
insurance and commission. There are no hidden
charges. The price we quote is the final price,
making it easy to understand and trade.

2. Locking in a Price

When buying or selling gold, we agree and confirm a price with you, which becomes binding once agreed by both parties.

You must then ensure that payment is received by Godley IGH within 2 working days. If payment is not received within this period, your order will be cancelled.

Larger orders may require a guarantee in the form of a deposit.

To see our bank references, click here

3. Payment Methods

Good Funds; Bank wire, banker's draft, cash,
cleared company cheque or personal cheque are
considered good funds.

We do not accept credit or debit cards as a form of payment. We are operating within tight margins,
so any fee we have to pay to credit card companies
can swallow up any profits we may make.

4. Trading Hours

9:00 am to 5:00 pm UK GMT

5. Required Transaction
Documentation/
Information

To purchase, or trade gold with us, you must
provide us with correct and accurate details. We may also ask you to guarantee your order by providing a security in the form of a deposit. To check our references, click here.

We may on occasions ask for photographic identification, proof of address or your bank account details as is our legal obligation under anti-money laundering regulations. If you are a UK resident and purchase over £5,000 in a single transaction or over £10,000 within a twelve month period, we are required by UK law to keep records.

6. Taking Delivery

Good funds for metals must be received by Godley
IGH in full, before we'll ship your gold to you.

Metals are usually shipped within 2 working days of
Godley IGH receiving full payment in Good Funds.
You should receive your gold in approximately 3 Post Office business days from the time we ship. Postage & Packaging charges will apply (usually £5 registered, insured mail within UK).

You can of course personally collect your gold, but
it must be by pre-arranged appointment and you
must provide acceptable identification on collection.
This is because we do not usually store gold onsite,
and so need to make appropriate arrangements.

7. Cancelling Your Order

If you change your mind after you've ordered your gold, you may cancel your order.

If the market price goes up and you wish to cancel, you may do so at no extra cost to yourself.

However, if there is a decline in the price of the metal at the time of a cancellation, you will be charged only for the difference between your confirmed price and the market price or a £15 administration fee, depending on which is larger.

8. Risk Disclosures/
Disclaimers
Please note that the value of precious metals are
volatile and may fluctuate significantly over time,
based on numerous factors including supply and
demand, political and economic conditions. Thus,
the price at which you purchase metals from us may
not be the same as the price you'll get if you decide
to sell the metals back to us.
9. Buy and Sell Spread
Disclosures
Although Godley IGH strives to make a two-way
market by buying and selling metals, it has no
obligation to do so. There is a spread between our
buy price and our sell price for all of our bullion
products. This spread will vary with market
conditions.

 

Selling Gold

1. Selling gold

To sell your gold, you must send your metals to
us to be verified. It is possible for you to deliver
your gold to us personally, but you must pre-
arrange an appointment and provide acceptable
identification.

Once we have verified your gold, we will contact
you.

2. Locking in a Price

A price will not be locked in until receipt and
verification of your metals. Deliver your gold or send
it in to:

Godley IGH
53 Wellington Street
Leicester
UK
LE1 6HJ

Please put a note in marked for the attention of
Godley IGH, for the benefit of ----(your name and
details)

If you wish to personally deliver your material, it must be by pre-arranged appointment and you must provide acceptable identification

As soon as we have verified your metal, we will
contact you to confirm that your metal is available
to be sold and agree our price with you.

3. Payment Terms

Within two business days of locking in the trade,
we'll send you a company cheque. You can request
payment in the form of a bank wire, although you will have to stand the bank charges. The bank wire is automatically deducted from the wire we send to you.

4. Trading Hours 9:00 am to 5:00 pm UK GMT
5. Required Transaction
Documentation/
Information
To sell, or trade gold with us, you must provide us
with correct and accurate details. We may on occasions ask for photographic identification, proof of address or your bank account details as is our legal obligation under anti-money laundering regulations. If you are a UK resident and transact over £5,000 in a single transaction or over £10,000 within a twelve month period, we are required by UK law to keep records and issue you an invoice.
6. Responsibility for
Loss or Damage
to Metals During
Shipment to
Godley IGH
It is your responsibility to insure the metals you
send to us. We would recommend any recognised
carrier, but can offer advice if you would like. We
are not responsible for any loss or damage that
occurs prior to verification of the metals you send
to us.
7. Risk Disclosures/
Disclaimers
Please note that the value of precious metals are
volatile and may fluctuate significantly over time,
based on numerous factors including supply and
demand, political and economic conditions. Thus,
the price at which you purchase metals from us may
not be the same as the price you'll get if you decide
to sell the metals back to us.
9. Buy and Sell Spread
Disclosures
Although Godley IGH strives to make a two-way
market by buying and selling metals, it has no
obligation to do so. There is a spread between our
buy price and our sell price for all of our bullion
products. This spread will vary with market
conditions.

Why Invest in Gold
Buying & Selling
Gold
Investment Bars
Storing Gold
Our Current Prices
Frequently Asked
Questions