Gold Drop Earring: Weight, Today's Rate & Resale Value
Gold drop earrings feature a decorative gold element that hangs below the earlobe – a contrast to studs which sit flush. Drop earrings range from light teardrop-style pieces at 2g per pair to elaborate chandelier drop earrings at 10g+ of gold.
At resale, only gold weight and purity determine cash value.
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.
Designs & Weight Comparison
Common Types & Use Cases
· Plain teardrop earring – daily/festive, 2g–4g per pair
· Standard drop earring – 5g–7g per pair
· Chandelier drop earring – elaborate evening design, 5g–12g
· Stone-set drop with pearls/stones – stones removed at resale
· Selling single drop earring – individual pieces accepted
Resale Value & Worked Example
For a 5g plain 22K drop pair: 5 × 0.916 × ₹15,250 = ₹69,845.
For an 8g pair: ₹1,11,752. Stone-set drops with stones removed are valued by net gold weight.
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
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Frequently Asked Questions
How much are gold drop earrings worth today?
A 5g 22K drop pair is worth ₹69,845. An 8g pair brings ₹1,11,752.
What is the difference between a drop earring and a jhumka?
A jhumka is a bell-shaped earring (a specific design). A drop earring is the broader category for any earring that hangs/drops below the earlobe – jhumkas are one type of drop earring.
Can I sell just one drop earring?
Yes. Attica Gold buys individual pieces.
How are stones removed?
At the Attica branch before weighing. All stones returned.
What documents?
Aadhaar mandatory. Most drop pairs below ₹2L PAN threshold.
What purity are drop earrings?
Most are 22K. Modern designs may be 18K. XRF confirms.
Are pearls in drop earrings paid?
No. Pearls have no gold value and are returned to you.
Sell Gold for Cash
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