"Confused and waiting is probably a good description of where the gold market is at the moment," David Jollie, head of research at Mitsui & Co Precious Metals in London, said. Photo: Supplied
Police found more than 70 grams of gold and diamonds, plus methylamphetamines and cannabis when they raised a Greenbank property on Saturday.
Four people - three men and a woman - found at the property in Pakenham Street at Greenbank will face Beenleigh Magistrates Court on Monday and Tuesday.
Gold is valued at more $42 a gram, meaning the gold and jewels are worth around $3000.
Police believe the gold and the diamonds have been stolen.
Police also found weapons, ammunition, explosives and Australian currency at the site, during the search, using the new police helicopter, Polair 2.
A 51-year old Greenbank man faces two drugs possessions charges, one charge of being in the possession of property suspected as being proceeds of drug charges, and one charge of having a handgun.
A 38-year-old Greenbank man was charged with a number of drug offences including possession and possessing property suspected of being the proceeds of an offence under the Drugs Misuse Act.
He has also been charged with possessing restricted items, unlawful possession of weapons and possess explosives.
He will appear in the Beenleigh Magistrates Court on Tuesday.
A 44-year-old Greenbank man was also charged with possessing dangerous drugs.
He was also arrested on a warant to return him to prison.
He will appear in the Beenleigh Magistrates Court on Monday.
A 36-year-old woman was also charged with possessing dangerous drugs.
She will appear in Beenleigh Magistrates Court on Monday.