Gold Price Forecast 2026: Is Now the Right Time to Sell Your Gold?

The gold market has been making headlines, with prices reaching record highs in Australian dollars over the past few years. If you've been thinking about selling old jewellery, broken chains or unwanted gold, you may be wondering whether now is the right time—or if it's worth waiting to see if prices climb even higher.

At Easy Gold, we monitor the gold market every day because the live gold price directly affects how much we can pay our customers. While nobody can predict the future with certainty, understanding what is driving today's gold market can help you make a more informed decision.

Why has gold become so valuable?

Gold has always been viewed as a safe-haven asset. When the global economy becomes uncertain, investors often move money into gold to protect their wealth.

Several factors have supported strong gold prices in recent years, including:

Ongoing geopolitical tensions around the world.
Inflation remaining above historical averages in many countries.
Central banks purchasing record amounts of gold to strengthen their reserves.
Expectations that interest rates may ease over time.
Continued demand from investors looking for stability.

These factors have helped push gold to levels few people imagined just a few years ago.

Why Australians should watch the gold price in Australian dollars

Many people hear the gold price quoted in US dollars, but if you're selling gold in Australia, the Australian dollar price is what matters.

The value of the Australian dollar against the US dollar plays an important role. Even if the international gold price remains steady, a weaker Australian dollar can increase the amount your gold is worth locally.

That's one reason Australian gold prices have reached all-time highs in recent years.

What are the experts predicting for 2026?

Most major financial institutions remain positive about gold over the longer term, although many expect prices to become more volatile after their exceptional run.

Some analysts believe gold could continue setting new highs if global uncertainty remains elevated. Others expect prices to trade within a broad range as inflation slows and financial markets stabilise.

The reality is that nobody—not even the world's biggest investment banks—can accurately predict where gold will trade six or twelve months from now.

If they could, investing would be easy.

Should you wait for a higher price?

This is probably the question we hear most often.

The truth is, trying to perfectly time any market is extremely difficult.

If you have unwanted jewellery sitting in a drawer that you haven't worn for years, it may already be worth significantly more today than when you bought it.

Rather than focusing on whether gold might rise another 5% or 10%, many people choose to sell while prices remain close to historic highs and put that money towards something they actually enjoy.

What affects how much your gold is worth?

At Easy Gold, every valuation is based on three simple factors:

1. The live gold price

We monitor the global gold market throughout the day to ensure our prices reflect current market conditions.

2. The purity of your gold

Different jewellery contains different amounts of pure gold.

For example:

9ct gold contains 37.5% pure gold.
14ct gold contains 58.5% pure gold.
18ct gold contains 75% pure gold.
22ct gold contains 91.6% pure gold.
24ct gold is almost pure gold.

Generally speaking, the higher the gold content, the higher its value.

3. The weight

Once we know the purity, we accurately weigh your jewellery using calibrated scales to calculate its gold value.

We use XRF technology for accurate testing

Unlike some buyers who rely solely on traditional acid testing, Easy Gold uses professional XRF (X-ray fluorescence) technology.

This advanced equipment analyses the metal without scratching or damaging your jewellery and provides a highly accurate reading of its composition in just seconds.

That means you can have confidence that your valuation is based on precise information.

You don't need perfect jewellery

Many people are surprised to discover that we regularly purchase:

Broken chains
Single earrings
Damaged rings
Unwanted bracelets
Old charms
Outdated jewellery
Inherited pieces
Scrap gold

Even if your jewellery is no longer wearable, the gold itself can still have significant value.

Why choose Easy Gold?

Selling gold shouldn't feel complicated or uncomfortable.

At Easy Gold, we believe the process should be transparent, friendly and pressure-free.

When you visit us, you can expect:

Free, no-obligation valuations.
Professional XRF testing.
Live market-based pricing.
Honest explanations of how your gold is valued.
Instant payment if you decide to sell.
Friendly local service.

Whether you have one ring or an entire jewellery collection, we'll explain exactly how we calculate your offer.

Is now a good time to sell?

No one can say exactly where gold prices will be next month or next year.

What we do know is that Australian gold prices remain close to record levels, making it an excellent time to discover what your unwanted gold could be worth.

If you're curious, bring your jewellery into Easy Gold for a free valuation. There is absolutely no obligation to sell, and you may be pleasantly surprised by how much your forgotten gold is worth.

Get your free valuation today

Visit your nearest Easy Gold store or contact us online to arrange a free, no-obligation gold valuation.

Your unwanted jewellery could be worth far more than you think.