Gold Tennis Necklace: Weight, Today’s Rate & Resale Value

Table of Contents

Toggle

Gold Tennis Necklace: Weight, Today’s Rate & Resale Value

A gold tennis necklace is a necklace featuring a continuous line of identically set diamonds (or gemstones) on a gold chain – the necklace version of the tennis bracelet. At resale, the gold chain and the diamonds are valued separately. A gold buyer pays for the gold weight at the IBJA rate; the diamonds are removed and returned.

At a Glance

TODAY'S GOLD RATE

24K

₹14,500/-

₹13,292/-

Per gram

Designs & Weight Comparison

Common Types & Use Cases

·         Classic diamond tennis necklace – 10g–16g gold chain

·         Standard tennis necklace – 14g–20g gold with set diamonds

·         Coloured gemstone tennis necklace – rubies/sapphires, same gold rate

·         18K white gold tennis necklace – valued at 18K rate

·         Statement long tennis necklace – 18g–25g gold chain

Resale Value & Worked Example

For a 13g 22K gold chain: 13 × 0.916 × ₹15,250 = ₹1,81,597.

For an 18K chain (13g): 13 × 0.75 × ₹15,250 = ₹1,48,688. Diamonds are removed and returned. Most tennis necklaces use 18K gold.

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 tennis necklace worth at a gold buyer?

The gold chain: a 13g 22K chain is worth ₹1,81,597. At 18K: ₹1,48,688. Diamonds require separate valuation.

Are diamonds in a tennis necklace paid?

No. Diamonds are removed and returned. Only the gold chain is paid.

Is most tennis necklace gold 18K or 22K?

Most tennis necklaces use 18K gold (for durability to hold diamond settings). 18K is paid at ₹11,438/g today.

How are diamonds removed from a tennis necklace?

At the branch, diamonds are removed from each setting. All diamonds returned.

What documents?

Aadhaar mandatory. Most tennis necklace gold portions below ₹2L.

Can I sell the gold and keep the diamonds?

Yes. Diamonds removed and returned. You receive the gold weight × purity rate.

How long?

20–35 minutes including diamond removal.

Sell Gold for Cash

Get today’s live gold rate at your nearest Attica Gold branch

Visit a nearby branch for quick valuation, transparent pricing, and instant cash for your gold.

Find nearest branch

Sell Gold for Cash

Call +91 8880 300 300

Get Instant Valuation

Free evaluation · No obligation · Instant offer

🔒 Your details are safe and confidential