Selling your gold asset is a significant decision, often taken in haste. That’s when a major mistake in approaching an inauthentic buyer might occur. Whatever the reason, selling your gold can be a wise and rewarding decision. 

Navigating through the gold-selling journey is not easy, but it isn’t impossible either. We at Cash on Old Gold function as one of the most preferred gold buyers in Kolkata. 

Are you trying to sell your gold at an adequate cash amount? Check out this blog to learn about the significant factors that need to be considered for a smooth and rewarding journey.

Continue reading to know more. 

5 Factors to Consider Before Selling Gold Jewellery

1. Evaluate Reputation of the Gold Buyer

Understanding the reputation of the gold buyer should be the first consideration. We at Cash at Cash on Old Gold hold a reputation of more than 30 years as a gold jewellery buyer in Kolkata.

We can assure you that your products will be rightfully valued. You can rely on our procedure for purity testing and offer rightful cash in hand with adequate transparency. We will provide all information regarding purity testing, market value and cash value. 

2. Security 

Selling your gold involves entrusting a valuable asset. Always look for a gold exchange unit that has basic security features such as safe storage and monitoring. 

Once you’ve agreed on a price, ensure you’re paid promptly and securely. Payment methods may include a check, cash, or bank transfer. If you’re working with an online buyer, ensure the payment is made quickly once your gold is received and evaluated.

Our physical store possesses strong security measures, including secured storage facilities and CCTV surveillance. All of your transactions are insured, making them more secure and authentic. 

3. Payment Options

It is necessary to know how you can receive money from selling gold. The more scalable your options are, the more authentic your business will be. Inquire about valuation charges, melting costs or service charges.

When you sell your cash for gold in kolkata, we offer both cash-in-hand and online payment options. We specialise in providing you with instant cash so that you can resolve your financial problems without having to wait. 

If you have a large amount of gold, selling in bulk could result in a better deal. Larger quantities may earn you a better rate because of buyers. They are often willing to pay more for bulk purchases, as they can profit from reselling the gold at a higher margin.

4. Gold Value 

Before selling, it’s essential to understand what affects the price of gold:

Gold is measured in karats (K), with 24K being the purest. Standard purity levels are 10K, 14K, and 18 K. Gold is typically sold by weight, measured in grams or troy ounces. The price of gold fluctuates based on market conditions. You can check the current spot price of gold online through reliable sources. 

Before you approach a gold jewellery buyer in Kolkata, evaluate your gold. Look for stamps like “10K,” “14K,” “18K,” or “22K,” which indicate the purity. If you have gold coins, their value may be influenced by both their gold content and their collectable value.

5. Check the Right Time 

Selling your gold at the right time is necessary for maximising cash returns. Continually assess the right time before selling your gold. The gold market is constantly fluctuating, and selling your gold in a volatile market can be crucial. 

As a trusted gold jewellery buyer in Kolkata, we will help you determine the perfect time to sell your gold. This will allow you to maximise cash from your gold sales without fear of authenticity. 

In Conclusion

Cash on Old Gold functions as one of the most reputed gold-buying companies in Kolkata. It is necessary to understand what your gold can pay off and how you can receive cash. At our store, we can guarantee you the rightful cash amount upon proper valuation. 

Sell your unused gold to us today and get instant cashback. Don’t delay; it’s time to resolve your financial problems today.