How to sell gold: Gold Price Today has crossed ₹ 1 lakh per 10 grams. On Friday (20 June 2025) in Delhi, the price of 24 carat gold was ₹ 1,01,220 per 10 grams. During the last few months, there has been a sharp jump in gold prices. In such a situation, many people want to capitalize on high prices by selling gold or jewelery kept at home.
In India, gold is considered important in every form from tradition to investment. But when it comes to selling physical gold. Such as jewelry, jewelry, coins often make a deal at a low price due to lack of correct information.
If you want to sell gold kept in your house with profits, then it is very important for you to know where and how to sell gold or jewelery, so that maximum profits can be made.
What kind of gold do you have
How precious your gold is, it is not decided just by design. Things like her purity, hallmarking and custom work also decide the price of sales. There is often a better rate on the sale of jewelery with hallmarks as it has the purity of gold. On the contrary, buyers on the jewelry without hallmarks check the purity themselves and cut the price.
How the price of gold sales is decided
Before selling gold, it is important to understand that its value is not only from the market price, but from these three factor:
- Purity (24 carat, 22 carat or 18 carat)
- Pure weight (by removing design, stone etc.)
- Current price in gold market
When you buy jewelry, you pay a making charge and stone value, they do not usually get at the time of sale. Therefore, only the value of pure gold comes in calculations.
Where to sell gold will be beneficial?
- Local Jewelers: Jewelers near the house easily buy, but sometimes they give less prices or argue about purity. It is prudent to deal with the old and trusted jewelers.
- Branded Gold Buyers: Platforms like MMTC-Pamp, Attica Gold, Goldmax are checked with an X-ray machine and shop on the market price. Here the price can be found a little better.
- Jewelery brands buyback: Brands like Tanishq, Kalyan offer old jewelery buybacks or exchange options, but this feature applies to their jewelery and is cut several times.
- Online Gold Buyers: Some digital companies pickup from home and pay at realtime rates. However, a complete investigation into security and trust is necessary here.
What are the things to keep in mind before selling jewelry?
- Check every day’s gold rate, this city rate can be different.
- Get the purity checked before selling gold.
- It is better to investigate with a government BIS certified lab.
- There will not be much value on the sale of jewelry without bills.
- Compare it by asking the rate of gold at more than one place.
- If there are stones in the jewelry, get them separated. Most buyers do not pay its price.
What documents have to be given?
While selling gold, identity card (Aadhaar, PAN etc.) is usually sought. If you have a bill or hallmark certificate then take it. This can improve ratings. Even if there is no bill, most local buyers buy gold, but with a little cut.
Also read: Gold Vs Silver: No gold, silver era! New choice made by investors, experts also bullish