The Gold Market in India has significantly expanded over centuries and decades. Among traditional Indian gold markets, the amount of cash against the gold market has gradually enhanced. Are you thinking about selling gold? Well, before you do so, learn about a few selling tips to acquire an adequate cash value. 

Cash On Old Gold is a reputed gold item buyer in Kolkata. We are here to purchase your gold items against adequate cash value. In this blog, we will provide you with some easy selling tips for a hassle-free gold exchange. 

5 Easy Tips for Gold Selling  

1. Identify the Type of Gold You Sell

It is a common notion that the potential value of gold items lies in their melt-down value. However, it is much more than that. At times, potential worth lies in its design and original making charges. 

When you exchange gold for cash, remember to convey all details during the initial purchase. For example, gold jewellery designed in the 19th century might fetch you high resale value. Meanwhile, a contemporary gold item in the 21st century might fetch a lower cash value. A significant reason behind this is the antique value that comes with the vintage jewellery.  

We at Cash On Old Gold help you with specific resale quotations for vintage and contemporary gold jewellery. Even if you need to learn about antique value, we will help you understand the design value of your gold item.

2. How Much Pure Gold Do You Really Have? 

The resale value of gold depends on the purity of your gold item. Do not always rely upon the weight of your gold items, but check the carat measure. The cash value will depend on how much real gold you have. If your gold item is 24 carat, the purity can be 99%, while 22 carat gold can be 90% pure. 

The professionals at Cash on Old Gold help you understand gold purity by examining carat containment. We will examine the engravings on your gold item, such as (22K) or (24K), to determine purity. Along with this, we will conduct necessary purity tests to identify whether engravings match actual test results. You can rely upon our purity tests for a better understanding of potential cash value. 

3. What’s the Current Status of the Gold Resale Market in Kolkata? 

Learn about market status before selling your gold. If you exchange gold for cash in Kolkata, then understand how the local gold-selling price is going. 

Gold prices in Kolkata have significantly fallen to INR 6800 from INR 7200 in 2024. There is a high risk of further price decline in the second half of 2024. It is high time to sell your old and unused gold to get a suitable cash value.

Cash On Old Gold can provide you with flexible options for selling your gold. We buy gold jewellery, coins, bars, and even broken gold items. No matter how old or unused your gold is, we offer you the best cash value. 

4. Understand the Spot Price of Your Gold 

The spot price of gold refers to the amount at which a gold item can be sold at a specific time. The spot price of gold changes as per market trends or current market price. At times, you can obtain a high spot price; however, in a recession market, the spot price can also be low. 

Cash on Old Gold offers you spot prices based on the current gold price in the local market. Learning about spot prices can help you to exchange gold for cash swiftly. Similarly, it will help you be reliable with our business approach and help us provide you with easy selling options. 

5. Sell Online For Flexible Services

In the era of digitalisation, online jewellery buy and sell platforms have similarly emerged. These platforms allow you to see different price quotations, observe customer reviews and media, and also communicate at your convenience. 

Cash On Old Gold can provide you with flexible opportunities to sell gold online. What is our speciality? We will offer you an instant bank transfer upon gold exchange. There are no restrictions on any gold items. We accept different jewellery, coins, bars, used gold and even broken or damaged gold. 

Wrapping Up 

Selling gold against cash can be made easy with the tips above. We at Cash On Old Gold provide you with flexible options to sell your gold jewellery against money. Knowing about the purity of your gold will fetch you an adequate cash value. Similarly, identifying current market status will allow you to understand spot prices.

Choose Cash On Old Gold to receive money instantly, such as hard cash or a bank account transfer. You can connect with us through online or offline mediums in Kolkata. Sell your gold jewellery here for quick new money.