Where do people that mine gold sell their gold?

Answer 1

Grand Exchange in varrock

Many small miners sell to Licensed Gold BuyersThe laws in many countries are designed to make sure their government can collect a fee when the gold is sold. The governments tax or fee is often about 4% of the selling price.

In the Capital City of each mining country there are gold buyer and sellers. In some there are stores where you bring your gold to sell. From the mine, gold is usually ingots or gold dust, in which the gold content might be 60% or 70%.

Refiners often charge 3% to 5% for Refining.

The Prices used in a Capital City might be as much as 20% below the New York and London prices. Often it makes money to ship to the US or UK to a refiner there to sell, getting usually about 95% of the world market price. About 2% to 3% is lost in the refining process.

Moderate to large mines sell to Refiners or Refine Themselves

The way to get the full world market price is to have .999 fine gold bars in standard sizes. Even a relatively small sale, like 100 ounces, can often get 95% to 97% of the world market price adjusted for what is lost during refining.

For more about refining, use the link below.