Gold Ring With Diamond: Stone Removal, Gold Weight & Resale Value

Gold Ring With Diamond or precious stone is one of the most common engagement and wedding gifts in India. When it comes to resale, many sellers are unsure how the diamond is handled and what the actual gold value will be. The answer is simple: only the gold weight and purity determine the cash you receive – the diamond is removed, weighed separately, and returned to you.

This guide explains how diamond gold ring resale works, typical gold weights by ring type, today’s live IBJA rate and exactly how much cash you receive at an Attica Gold branch.

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At a Glance

Live Rate Today

At today’s IBJA rate of ₹15,250 per gram for 24K, a 22K piece yields ₹13,965 per gram. Check the live widget below before visiting any branch.

Designs & Weight Comparison

Common Types & Use Cases

●      Solitaire diamond ring – central stone removed, gold band is paid

●      Cluster ring – multiple smaller stones removed, gold base paid

●      Half-eternity or full-eternity band – stones along the band removed

●      Engagement ring – diamond returned to you; gold ring paid at IBJA rate

●      Old family diamond ring – gold value same regardless of diamond quality

Resale Value & Worked Example

The resale formula is: Net Gold Weight (g) × Purity (%) × Today’s 24K IBJA Rate. For a 5g 22K gold solitaire ring (after diamond removal): 5 × 0.916 × ₹15,250 = ₹69,845.

Attica Gold does NOT buy diamonds – only the gold component of the ring is purchased. The diamond is carefully removed and returned to you. You may wish to sell the diamond separately to a diamond buyer.

Tax Treatment When You Sell

Gold held over 24 months attracts 12.5% LTCG when sold; held under 24 months, your gain is added to slab income. Aadhaar is mandatory; PAN is required if your sale exceeds ₹2,00,000.

What to Watch For – Seller Protection

●      Stones or lac weighed with gold – insist on removal before weighing

●      Visual purity check instead of XRF – always request machine testing

●      No written receipt – a signed receipt is a legal requirement

●      Making charge deductions at resale – these do not apply

●      Lump-sum quote without per-gram rate – always ask for the gram rate first

Why Choose Attica Gold Company

Attica Gold Company is ISO 9001:2015 certified with 200+ branches across Karnataka, Tamil Nadu, Andhra Pradesh, Telangana and Pondicherry. Every branch uses a BIS-calibrated XRF machine. Payment is instant. Your wait is over.

📞 CALL TO ACTION
Visit your nearest Attica Gold branch to sell at today’s live rate.
🌐 atticagoldcompany.com/branch-locator  |  📞 +91 8880 300 300
Sell Gold for Cash → atticagoldcompany.com/services/sell-gold-for-cash/

Frequently Asked Questions

Does Attica Gold buy diamonds?

No. Attica Gold purchases only the gold component of a diamond ring. The diamond is removed and returned to you. For diamond resale, you would need a separate diamond buyer.

How much will I get for my gold diamond ring?

You receive payment only for the gold weight. For a 5g 22K gold solitaire: ₹69,845. The diamond itself is returned to you.

How is the diamond removed from the ring?

At the Attica branch, a trained evaluator carefully removes the diamond before weighing. The diamond is kept safely and returned to you after the transaction.

What if the ring is 18K or 14K?

What if the ring is 18K or 14K?

Is the prong or claw setting gold included in the weight?

Yes – the prongs, settings and band are all part of the gold ring and are weighed as part of the net gold weight after stone removal.

What documents do I need?

Aadhaar is mandatory. PAN required if total sale exceeds ₹2,00,000.

Can I sell just the gold and keep the diamond?

Yes – this is exactly what happens. Attica pays for the gold. The diamond is returned to you.

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