Gold Anchor Chain: Weight, Today’s Rate & Resale Value

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Gold Anchor Chain: Weight, Today’s Rate & Resale Value

A gold anchor chain (also called mariner chain) features oval links with a horizontal bar across the centre of each link – resembling a ship’s anchor chain. It is a popular men’s chain style, known for its strength and bold visual.

At resale, only gold weight and purity determine cash value.

At a Glance

TODAY'S GOLD RATE

24K

₹14,500/-

₹13,292/-

Per gram

Designs & Weight Comparison

Common Types & Use Cases

·       Thin daily-wear anchor chain – 4g–10g

·       Standard anchor chain – 8g–20g, men or women

·       Heavy anchor chain – 15g–35g, statement piece

·       Anchor Chain with pendant – chain and pendant weighed together

·       Selling chain only (keeping pendant) – chain weighed alone

Resale Value & Worked Example

For a 12g 22K anchor chain: 12 × 0.916 × ₹15,250 = ₹1,67,628.

For a 22g chain: ₹3,07,318. Chains above ~16g may exceed ₹2,00,000 – bring PAN.

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

·       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

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. Your wait is over.

Frequently Asked Questions

How much is a gold anchor chain worth today?

A 12g 22K anchor chain is worth ₹1,67,628. A 22g chain brings ₹3,07,318.

Does a anchor chain fetch more than other chain styles?

No. All chain styles are valued at the same per-gram IBJA rate. Link pattern is cosmetic.

Can I sell a damaged chain?

Yes. Physical damage does not affect gold purity.

Can I sell chain only (without pendant)?

Yes – weighed separately.

What documents?

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

What purity are anchor chains?

Most are 22K. Lighter chains may be 18K. XRF confirms.

How long to sell?

15–25 minutes at any Attica Gold branch.

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