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Gold & Precious Metal Buyers in Southgate, MI

3 of the 9 pawn shops, check cashing and loan stores we list in Southgate 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 and Loan

    14336 Eureka Rd, Southgate, MI 48195-2057

    Mon-Sat 9:30AM-6PM, Closed Sun

    Buys goldJewelryElectronicsLayaway
    Call Website Directions

  2. Opplemans Trading and Exchange Company

    14160 Pennsylvania Rd, Southgate, MI 48195-2133

    M-F 10am-5:30pm, Sat 10am-4pm

    Buys goldJewelryFirearms
    Call Website Directions

  3. 14K Jewelry, Coin & Gun

    16146 Eureka Rd, Southgate, MI 48195

    Mon - Fri: 10am - 6:00pm, Saturday: 10am - 5:00pm, Sunday: CLOSED

    Buys goldFirearms
    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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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.