Family-owned Company
Over 50 Years in Business
Transparent and Honest
Amazing and Knowledgeable
John the Jewler is amazing... his knowledge is beyond.... price point is always great and hes always ready to work with you.. Family run and you won't get better service from anywhere
Patrizia N.
Get Cash for Gold and Silver in Mississauga
Turn your unused, broken, or outdated jewellery into instant value. At Gold & Time Jewellery Centre, we offer fair, transparent pricing for all types of gold and silver — whether it’s a single earring, a tangled chain, or pieces you simply no longer wear. We have been exchanging cash for gold and silver in Mississauga since 1976. Come and visit us today.
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What We Buy
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Gold (10K–24K)
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Sterling silver
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Broken or damaged pieces
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Single earrings
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Coins, bars
Why Sell to Us?
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Honest, upfront evaluations — no pressure, no hidden fees
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Competitive payouts based on real-time market pricing
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Fast and secure process handled by trusted professionals
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Family owned since 1976, with a reputation built on transparency
How It Works
Bring your items in — we’ll test, weigh, and evaluate them, then make an offer on the spot. You choose whether to sell, trade in toward something new, or keep your pieces. The choice is always yours.
How Scrap Gold Pricing Works
Scrap gold is priced based on the current market value of pure gold and the purity (karat) of the item you bring in.
01
Market Price (Spot Price)
Gold has a constantly changing spot price — the value of 24K pure gold traded on the global market. This number rises and falls throughout the day.
02
Purity of Your Gold
Jewellery isn’t pure gold. The karat tells you how much gold is actually in the piece:
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24K = 100% gold
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18K = 75% gold
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14K = 58.5% gold
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10K = 41.7% gold
The higher the karat, the more gold value it contains.
03
Weight
Your gold is weighed in grams. Only the weight of the actual gold content is used — stones, clasps, or non‑gold parts are not included.
04
Calculation
The buyer calculates your payout using:
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(Spot price of gold) × (Purity %) × (Weight)
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minus a small refining or processing fee.
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This gives you the true melt value of your gold.
05
Why Buyers Offer Different Prices
Each buyer uses their own payout percentage (some pay more, some pay less), which is why offers can vary.
The Gap Between Buying & Selling Gold
When you buy gold jewellery, you’re paying for much more than just the gold content. Your purchase price includes:
• The gold value
• Craftsmanship & labour
• Brand or designer cost
• Retail markup
• Stones, settings & design details
When selling, however, buyers pay you only for the melt value — the actual gold content based on today’s market price.
In short:
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You bought jewellery
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You are selling raw gold
Because of this difference, the selling price will always be lower than the original retail price — even if the gold market has gone up.
