A recent survey undertaken by Cashline Pawnbrokers in the West Midlands shows that they came out top on gold lending and purchases of gold from the public far outstripping rivals who buy through the post.
The Office of Fair Trading is currently investigating Internet traders who buy gold over the Internet following complaints from the public.
Pawnbrokers have also been found to be the best place for buying gold jewellery. Much of the gold is second hand therefore the VAT has already been paid saving 17.5% and then a further discount due to the jewellery being second hand leaves the customer with a great bargain.
