Where can I sell my gold for cash in Chennai?
Table of Contents
Where can I sell my gold for cash in Chennai?
How to Sell Old Gold Jewelry for Cash in Chennai?
- Visit your nearest Muthoot Gold Point branch.
- Our customer care executive will clean and weigh the gold in front of you.
- Our gold purity tests are done by the ultrasonic machines while weighing of the gold (in grams) is up to 3 decimal points.
How do I sell my pledged gold?
Procedure to Release Pledged Gold If the customer is satisfied, our executive will visit at the location along with the customer. Pay the required amount to release the pledged gold to the pledged company. Purity of the pledged gold will perform at our office, and evaluation is completed.
How do you find the selling price of old gold?
How To Calculate The Value of Old Gold Jewellery?
- Take it to a Gold testing or assaying lab & have it tested for purity.
- The lab will give you a test report which will state the accurate weight of the sample & its purity in percentage or karats.
- If you are using the karat purity.
- If you are using percentage purity.
Can I sell gold without hallmark?
Jewellers cannot sell jewellery without a hallmarking stamp. But consumers can sell or exchange gold without hallmarking at any time.
What if my gold is not stamped?
999″ or “1.000” would be pure gold and thus the same as 24 karat. Nonetheless, if an item of jewelry does not have this stamp – it is not necessarily proof positive that the item is made from fake gold. This is particularly true of older items of jewelry. Another method how to tell real gold is with a nitric acid test.
Is selling gold illegal?
Since the mid-1970s, when an executive order and an act of Congress made the possession of gold for U.S. citizens legal again, the United States government has not regulated the buying and selling of the metal. The sale may be legitimate, but that much cash is also a red flag for illegal activities.
