How to Sell Gold for Cash in Delhi NCR?
Indians have used gold as an investment option since ages. Therefore, selling gold for cash in Delhi is a very common thing for the country, which people convert into money in extreme need of money.
Indian markets offer innumerable options for buying and selling jewelery. But when it comes to banks selling gold bullion, bars or coins to those people, they never buy it back from them. So they ultimately have no choice but to sell their gold to Jewel or to some craftsmen who take advantage of the situation and deduct large amounts in the name of wastage charges, melting charges etc. This pays a maximum of 60-65 percent of the value of gold, which is not worth it for customers in any way. Get instant cash for gold in Delhi with easy and hassle free steps at Muthoot Gold Point.
It has been observed that money on selling gold is frustrating for not properly researching the following things before selling gold fro cash.
Thing You Must Need to Know the criterion to sell old gold jewellery/ornaments:
1. Bill or Invoice:
A genuine seller always asks you to present the original bill when selling gold. This helps to avoid conflict of interest as the purity of the jewelery is specifically mentioned in the bill, making it impossible for jewelers to reject anything because everything about the gold purchased is mentioned in the bill is.
2. Worth of Gold:
Because there is no standardized method of knowing the exact selling price of gold, it is advisable to take quotes from different jewelers about your gold before selling.
3. Check the purity of gold:
Make sure your jewelry has a hallmark mark or is complete. If your jewelery is of 916 hallmark then it is sure that your gold is 91.6 percent gold, the rest is mixed with alloy to make jewelery out of it. If there is no hallmark in gold, jewelers can manipulate it for poor purity.
4. Confirm the Final Gold Price:
Jewelers have different methods to check the purity of gold, such as acid test, electrical conductivity test or XRF test. In addition, some jewelers melt the jewelery and filter the gold to determine purity and weight but again this is a disadvantage if you are not happy with the purity and weight of your molten gold.
5. Sell the Gold:
The most appropriate option to sell your gold jewelery is at the shop from where you bought it because they will rate for the same purity at which they have sold.
Muthoot Gold Point is subsidiaries of Muthoot Fincorp, a leading gold selling company in Indian, offers safe, transparent & scientifically tested ways of buying your Gold. Ask you query with out Muthoot Gold Point customer care service executive.
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