How to get Optimal Value for your Gold

​Gold, a precious metal, is interwoven intricately for every occasion. Gold is not just shimmer and glitter but actually sweat, blood and hard work of our clients. It is precious, rare and offers a great value for money. Gold is a great investment, a trusted insurance for tough times.

Given the financial worth of this yellow metal, there is no dearth of gold buyers in the market who are willing to buy this precious metal in exchange of cash for gold. From jewellery stores to even private gold buyers, there are numerous places where you can sell gold for cash.

One has to be smart to find a trusted and established gold buyer who gives you the optimal value for your valuables. Here are some valuable tips to ensure that you make most out of the deal and get maximum cash against gold -

Stock up your stock

Assort your articles carefully. Your collection may include gold coins, single earring, broken pieces, ill- fitting items or even old jewellery that is no longer in vogue. Make a proper list so that you are prepared well in advance to demand the right price for your valuables.

Know the Carat Value

The carat value of your gold pieces may vary from 18K to 22K. An item of 22K means that 22 parts out of the entire 24 parts is gold while the remaining part is any other metal or alloy. You should know the carat value of your items as the buyer will pay cash for gold only and not for any other metal/alloy. The more the carat value, the better the worth of your item.

​Know the Purity

Hallmark is a symbol of gold purity; it signifies that the gold is of international standards. Ensure that you know about the purity of your articles lest you get cheated by the gold buyer. Many buyers may deduct a handsome amount if your articles look old and are not hallmarked. It is best to take the receipt with you to prove the authenticity of your articles.

Many times, it may not be possible for you to know the purity of your gold articles. In that case, trusted buyers use modern technology to evaluate the purity of your gold items. They then provide you a computerised certificate that validates the purity of your gold.

Do your Research

Do your homework well in advance. Getting multiple bids from various buyers can leave you confused. Best way is to do your search online- you will be navigated to hordes of buyers. Zero down on a few buyers after an in-depth research. Check their websites, read their reviews and clients’ testimonials before finally settling for a genuine buyer.

You should also know the current value of gold and be realistic in your approach. This way you are well- informed and confident about the entire selling process. This knowledge also helps you also get the most out of the transaction.

Know your Buyer

Trust, fair practice, high ethics and professionalism should be your criteria while looking for a gold buyer. Know your buyer well before you head out for a transaction. Talk to friends, ask google-type-in the keywords - “where to sell gold”, “best place to sell gold”, “genuine gold buyer in Delhi”- and you will be directed to various vendors. Go to their websites, check their online reviews and clients’ testimonials before reaching a final decision. You can even check the credentials of the buyers when you personally visit them to know whether they are a trusted buyer or not. This saves you from getting trapped in scams, and also ensures that when you sell gold for cash, your experience is smooth and hassle-free.

Reliability and flexibility

Reliable buyers test your items for free and do testing in front of your eyes. They use the latest technology to give you the most accurate and precise evaluation of your gold items. They use the least destructive method to assess your gold.

In addition to exchanging your gold with cash, trusted buyers give you the flexibility of paying via cheque or, transferring money online over IMPS/RTGS, as per your preference.