How Much Money Can You Earn by Selling Gold Jewelry in Kolkata?

by | Aug 29, 2022 | Gold Jewellery, Jewellery

You can need cash at any time in your life. Emergency situations like accidents or any such events may happen and treatment of it might need a large instant cash amount. If you possess gold jeweler, things get easier for you. You can sell your old gold for cash. 

If you are selling it to buy new gold jeweler or for your urgent financial requirement, it is completely up to you. However, you need to be aware of the market price, the value of the gold, and the right buyer ,when you are selling your old gold jeweler. Lack of knowledge and negligence leads to hindering the right decision-making process. Obtaining the right price for gold is important when you are selling your old gold jeweler in Kolkata.

In Kolkata, when selling gold for cash, online market research is probably the best option. You need to keep some points in mind,when you are about to sell your old gold jeweler.

  • Retain Invoices

A good jeweler will definitely ask for the invoice of your gold jeweler, when you are selling intuit determines the purity and authenticity of gold and helps to solve all the disputes regarding its authenticity. It helps to fetch a good selling price.

  • Visit Multiple Shop 

It is very important to know the price when you  intend to sell some gold item. This is the reason why you need to visit multiple stores, to get various selling price rates.

  • Purity

Before you sell your jeweler, check if it has a hallmark. Hallmark indicates the purity of gold jeweler and helps to fetch a decent price when you are selling your old gold jeweler.

  • Finding The Right Buyer

It may be a difficult task to find the right place to sell your gold. The final gold price is determined by its weight and purity. A nominal fee may be charged for removing the impurities from the gold.

There are a few shops who purchase old gold jeweler that provide the following benefits for the old gold jeweler sellers in Kolkata.

  • You get the maximum value for your gold based on the current market value of gold.
  • Gold gets valued in the comfort of your home so you don’t have to worry about the safety of your gold while travelling.
  • No Hidden Charges are applicable since the evaluation process, and the process regarding the removal of impurities from your gold jeweler is completely free of cost.
  • The online Payment facility facilitates convenient payment of the final amount.
  • Easy Accessibility is another major aspect. Store branches present in each major city make it easy for customers from different parts of Bengal to reach the office.

Disadvantages Of the Selling Price of Old Gold in Kolkata

  • The deduction in price ranges from 4% to 6%. In some cases, there is a pre-decided sell price for every 10 grams of gold.
  • If you are selling a small quantity of gold, then the selling price you get is much lower than the amount you get after selling a good quantity of gold.
  • The deduction rate is considerably low when you sell a considerable quantity of gold because you want quick cash for gold .

Difficulties Faced While Selling Old Gold in Kolkata

  • In some cases, the shops do not pay the same price for the gold sold on different occasions.
  • They do not want to purchase old gold jeweler, defective or broken jeweler.
  • Generally all shops buy gold bars or coins, but they do not show any interest in buying old gold jeweler.
  • The shops do not want to buy old jeweler studded with gemstones.
  • In some cases, the buyers can tell about the selling price of gold only after melting it.

Cash on Old Gold provides the old gold jeweler sellers with unparalleled service. Their unique approach and policies make them the undisputed leader of old gold jeweler dealers in Kolkata. Some of their attractive features are:

  • Granting loans against gold jeweler to provide assistance in times of urgent economical crisis
  • Implementation of the latest and most advanced techniques for removing errors in testing the gold jeweler
  • Unparalleled support and services are provided to the customers.
  • Enviable market reputation as a leading and reputed gold jeweler dealer in Kolkata

In Kolkata, pawn shops are predominant. In urgency, people prefer these shops to get quick cash against gold. It is not recommended to visit these shops as they engage in malpractices and do not provide the right price when you sell old gold jeweler in Kolkata . You should always consider doing a detailed market research followed by visiting multiple shops to obtain the best price while selling your old gold jeweler in Kolkata.