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

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

A gold wheat chain is a distinctive chain style named for its unique link pattern. At resale, only the gold weight and purity determine cash value – the link style adds no premium over any other chain type.

This guide covers typical weights, today’s IBJA rate, and exactly what you will receive when selling your wheat chain.

At a Glance

TODAY'S GOLD RATE

24K

₹14,500/-

₹13,292/-

Per gram

Designs & Weight Comparison

Common Types & Use Cases

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

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

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

·       Wheat Chain with pendant – chain and pendant weighed together

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

Resale Value & Worked Example

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

For a heavy 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 wheat chain worth today?

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

Does a wheat chain fetch more than other chain styles?

No. All chain styles are valued identically at the per-gram IBJA rate. Link pattern is cosmetic and adds no resale premium.

Can I sell a kinked or damaged chain?

Yes. Physical damage does not affect gold purity.

Can I sell the chain without the pendant?

Yes – each piece is weighed separately.

What documents?

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

What purity are wheat 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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