Gold held over 24 months attracts 12.5% LTCG. Aadhaar mandatory; PAN if sale exceeds ₹2,00,000.
What to Watch For
· Buyer quoting old rate – check live IBJA first
· Rate on wrong karat without disclosure
· No written receipt
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Frequently Asked Questions
What is 85 gram gold price today?
85g of 22K gold is worth ₹11,87,365. At 24K: ₹12,96,250. At 18K: ₹9,72,188.
Do I need PAN to sell 85g of gold?
Yes – ₹11,87,365 far exceeds ₹2,00,000. Both Aadhaar and PAN are mandatory.
What jewellery typically weighs 85g?
A heavy haram with matching bangles, a complete bridal set (necklace + earrings + maang tikka), or about 10.6 pavans of accumulated gold.
How does 85g compare to pavans?
85g ≈ 10.6 pavans (each pavan = 8g). Closest round figures: 10 pavans = 80g, 11 pavans = 88g.
How is payment for 85g sales made?
Payment by bank transfer (IMPS, NEFT, RTGS) for amounts above ₹2L. Cash payments limited by Section 269ST.
Does physical condition affect 85g of gold value?
No. Scratches, dents and tarnish do not affect gold purity or the price.
How long does it take to sell 85g?
25–40 minutes including XRF testing, weighing and bank transfer initiation.
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