Sell Gold Jewellery for Cash: Transparent Valuation for Necklaces, Rings, Chains & Ornaments
Looking to sell gold jewellery for cash? Whether you have a single necklace, an entire wedding set, or a collection of pieces you no longer wear, the valuation is transparent and the payout is immediate. When you sell gold jewellery at a dedicated buyer, your pieces are never melted during testing – XRF (X-ray fluorescence) reads the exact gold purity in seconds, stones are removed and returned to you, and the final price is calculated openly using today’s live gold rate. Walk into your nearest branch with your jewellery and a valid ID, and you can leave with cash, UPI transfer, or a direct bank deposit, usually in under an hour. See today’s gold rate below or visit your nearest branch for a no-obligation jewellery valuation.
How Today’s Gold Rate Sets Your Jewellery Selling Price
When you sell gold jewellery, the final payout is calculated using a transparent formula:
- Selling Price = Net Gold Weight × Purity Factor × Today’s Live Rate − Soldering & Wastage Deduction
Net gold weight is what remains after stones, beads, and any non-gold components are removed (and returned to you). Purity is measured by XRF – typically 22K (91.6% gold) or 18K (75% gold) for most Indian jewellery. The widget below shows current 22K, 24K and 18K rates per gram so you can estimate your payout before you visit.
TODAY'S GOLD RATE
₹14,700
₹14,700
Types of Gold Jewellery We Buy
Almost any gold jewellery – old or new, hallmarked or unhallmarked, intact or broken – qualifies for valuation. The most commonly sold categories include:
Sell Gold Chain and Necklaces
When you sell gold chain pieces, both solid and hollow chains are accepted. Solid chains carry their full weight in gold, so they fetch a higher absolute payout for the same length. Hollow chains weigh less and pay accordingly – they’re still valued at the same per-gram rate based on actual gold weight. To sell gold chain or sell gold necklace pieces, layered or broken, the same formula applies. Mangalsutras and traditional designs are also welcome; non-gold clasps or threads are weighed separately and excluded from the gold weight.
Sell Gold Ring (Including Wedding Rings and Stone-Set Rings)
Plain bands, engagement rings, wedding rings, and stone-set rings are all valued. To sell gold ring pieces with stones, the stones are carefully removed and returned to you. The gold weight is calculated only on the metal that remains. Whether you want to sell gold ring items from a previous marriage, a single inherited ring, or a full set, each is valued individually at today’s live rate.
Sell Gold Bangle and Bracelet
When you sell gold bangle pieces, both solid bangles (kadas, traditional designs) and hollow bangles are accepted. To sell gold bracelet items, the same valuation rules apply – actual gold weight × purity × live rate. For jewellery with kundan, meenakari, polki, or enamel work, the non-gold portion is excluded from the weight; only the gold itself is paid for. Pairs are valued together; single pieces or mismatched items are equally welcome.
Sell Gold Earrings (Studs, Jhumkas, Hoops)
To sell gold earrings – including studs, jhumkas, hoops, drops, and ear cuffs – pairs are weighed together. A single earring (the classic “lost the other one” scenario) is also accepted and valued at its full gold content. Stones are removed and returned to you before the gold is weighed.
How Jewellery Valuation Works (Step-by-Step)
Here’s exactly what happens when you bring jewellery in for valuation:
Initial Weighing
Each piece is weighed individually on a calibrated digital scale. The gross weight is shown on screen.
Stone Removal
Diamonds, gemstones, beads, or non-gold elements are removed and placed aside. They are returned to you, not bought.
XRF Purity Testing
The XRF machine reads the exact gold content of each piece without melting, scratching, or filing. The reading takes seconds.
Net Gold Weight Calculation
Net gold weight × purity factor × today’s live rate. The full calculation is shown to you, line by line.
Live Rate Application
Once stones are removed, the remaining gold is reweighed. This is the figure used for payout.
Wastage & Soldering Deduction
Net weight × purity factor × today’s live rate. The full calculation is shown line by line
Final Offer & Instant Payment
You receive a final figure. If you accept, payment is on the spot via cash, UPI, or bank transfer.
Deductions: What Gets Subtracted and Why
The single biggest concern when people sell gold jewellery is the fear of hidden cuts. Here’s exactly what is deducted, and what is not:
- Stones and non-gold components – weighed separately and returned to you. Not deducted in any other way; simply not counted as gold.
- Soldering weight – every piece has small amounts of solder used to join links or set stones. Typically 1–3% of total weight.
- Wastage – minor handling and processing wastage, again typically within 1–3%. Combined with soldering, total deductions rarely exceed 3% for standard jewellery.
What is NOT deducted: making charges from your original purchase. These were paid to the manufacturer when you bought the jewellery and are not subtracted again at sale. You are paid for the actual gold content, full stop.
Sell Old Gold Jewellery and Inherited Pieces
A large share of jewellery brought in for valuation is old, inherited, or worn for decades – often without the original purchase bill. To sell old gold jewellery or inherited pieces, the original bill is helpful but not mandatory. As long as you can complete standard KYC (PAN and Aadhaar), inherited pieces are valued at the same rate as any other gold of the same purity. The age, design, or fashion of the piece does not affect the rate – only the gold content matters.
Documents Required
To complete the transaction, please carry:
- PAN card – required for any single sale of ₹2 lakh and above.
- Aadhaar card – for KYC verification and address proof.
- Original purchase bill (optional) – if you have it, bring it; if not, the rate is unaffected.
Ready to Sell Gold Jewellery for Cash?
Visit your nearest branch with your jewellery and a valid ID for an exact, no-obligation quote at today’s live rate. Walk in any time during business hours – no appointment needed.
Frequently Asked Questions
Will my jewellery be melted during testing?
No. XRF testing is non-destructive – it reads the gold composition without filing, scratching, or melting any part of the jewellery. Your pieces are returned intact if you choose not to sell.
Are stones bought, or returned?
Stones are removed and returned to you. They are not deducted from the gold weight; they’re simply weighed separately.
Will making charges be deducted again?
KYC documents (PAN and Aadhaar) are sufficient. The original bill is optional and does not affect the rate you receive.
Can I sell gold chain or sell gold necklace pieces if they’re broken?
Profits may attract capital gains tax depending on how long you’ve held the gold and your purchase cost. Short-term gains (under three years) are taxed at your income slab; long-term gains have a different rate with indexation benefits. Consult a tax professional for your situation.
Can I sell gold ring pieces with stones still set?
Yes. To sell gold ring items with stones, the stones are removed at the branch and returned to you before the gold is weighed.
Can I sell a single mismatched earring?
Yes. To sell gold earrings as a single piece is fine. Single earrings are weighed and valued at their full gold content.
How is payment made?
Cash, UPI, or direct bank transfer. Payment is immediate once you accept the offer. For larger transactions, bank transfer is usually preferred for security.
Can I sell gold bangle or sell gold bracelet pieces individually?
Yes. Pairs are valued together but single bangles or bracelets are equally welcome. The rate per gram is the same.
