Get the best prices for your old gold jewellery

Gold is one of the most precious metals on Earth, and it is regarded as a valuable commodity that has occupied an important place in our culture and society. For thousands of years, gold has been used to make ornamental objects and fine jewellery. However, with time, the quality of gold in an ornament gradually deteriorates. In this case, it is good to sell old gold jewellery for cash as further delay will offer very low prices for your gold. It isn't easy to sell used jewellery these days, so immediately grab the chance if you are offered a fair value for your gold. DGold is a trusted company that engages in buying, selling, exchanging, and releasing gold, silver, diamond, and platinum.

Things to know before selling your old gold:

 

Retain invoice: Always carry the retained invoice or purchase document when you sell your gold. This will help you avoid disputes regarding gold's purity and originality, as will be clearly stated in the bill of purchase.

Worth: Take information from multiple stores about the value of gold. Since there is no standardized method to determine the price, this information will help you settle with the highest price possible for your gold.

Purity: Before selling, check if your jewellery has a hallmark or not. Hallmark gives you authenticity about the purity of gold. If your jewellery is not hallmarked, visit a store with a carat meter to establish the purity of gold.

Deciding final price: The stores that take used gold first melt it in an induction furnace, and after that, the available gold would be free from impurities. This process is done at a nominal cost that will be deducted from the price. Also, the labour charges and tax to be paid will be deducted from the value. It is usually observed that the old gold has a selling price lower than the bought price by 6-7%. Hence, deciding the final price is a complicated thing.

Where to sell: Sell your jewellery in a reputed store to get the high price, but most stores usually take the gold jewellery bought from them. So, choose the stores that will pay the highest price for the gold jewellery.

 

Conclusion:

Selling old gold jewellery for cash is a difficult task to do as there are many frauds out there who will take your precious gold jewellery by giving you a minimum price. Therefore, always be careful and watch out for frauds.