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Gold & Precious Metal Buyers in Detroit, MI

5 of the 51 pawn shops, check cashing and loan stores we list in Detroit have an in-house counter that buys gold and other precious metals.

A map pin can't tell you whether a shop buys gold or just pawns electronics and tools — that split is confirmed one listing at a time from the shop's own site, signage, or posted buy list.

  1. American Jewelry & Loan

    20450 Greenfield Rd, Detroit, MI 48235-1854

    sat: 9:30am - 6:00pm

    Buys goldJewelryElectronicsLayaway
    Call Website Directions

  2. Motor City Pawn Brokers

    15440 E 8 Mile Rd, Detroit, MI 48205-1354

    sat: 9am-5pm

    Buys goldJewelryElectronicsFirearms
    Call Website Directions

  3. American Jewelry and Pawn

    Detroit, MI

    sat: 9:30am - 6:00pm

    Buys goldJewelryElectronicsLayaway
    Directions

  4. Harper Pawn Shop & Check Cashing

    14453 Harper Ave, Detroit, MI 48224-2951

    Mon-Fri 9:30am-7pm, Sat 10am-5pm

    Buys goldJewelry
    Call Directions

  5. Travelex

    2514 Worldgateway Pl, Detroit, MI 48242-4203

    Buys gold
    Call Website Directions
Weigh it before you go. Payouts run 40-70% of the day's melt value depending on karat and local competition, so check the spot price that morning and bring a rough weight in grams if you have a scale at home. Every seller needs a valid government-issued photo ID — it's state law, not shop policy, and the transaction gets logged with local police either way.

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Gold & Precious Metal Buyers near Detroit

Good to know

How much will a pawn shop pay for gold?

Most offer 40-70% of the day's melt (spot) value based on purity. At roughly $2,400/oz for gold, a 5-gram 14k ring typically nets $80-140 before any haggling.

Do I need ID to sell gold at a pawn shop?

Yes. A valid government-issued photo ID is required for every buy or pawn transaction under state pawn-shop law, and the sale is reported to local police as a routine anti-theft measure.