We all need a reliable safety net to help us wade out of rough financial seas. Gold is one of the safest bets when in need of immediate cash requirements. It is a long-term rewarding investment and a profitable asset if you can sell it wisely.
Gold can be an immediate saviour to pull you out of a financial emergency or any dire situation that entails instant payment.
Not only this, one can even sell gold to yield a profit when its value is high in the market or if one plans to revamp their investments.
But, all this is better said than done. Finding the best gold buyer when selling gold for cash is an uphill task.
Here are some factors to keep in mind while deciding to sell gold for cash-
● Know the market value of your gold- The resale price of your gold item will depend upon its karat value. The more the karat of gold that you want to sell, the better will be its resale price. Furnishing the original receipts and necessary details of your gold items will fetch you a better amount while selling it.
● Educate yourself about the gold selling process- This will save you from the fraudsters in the gold selling market who may try to dupe you to gain more profits out of the deal. Researching how a gold buyer functions will also give you confidence when heading to sell your gold for cash.
● Knowing the gold buyer well- To get the best cash for gold offer, you must do a thorough research on the gold merchants. A trusted local gold buyer can be the most secure option if you are seeking instant cash. Just ensure that you check the rating, google reviews, and credentials of the buyer before finally deciding.
● Know the value of your gold- The price that you get upon selling your gold jewellery will depend upon its purity as well as weight. Always figure out these two factors before you head out to sell your gold for cash. This will have you in good stead when dealing with the gold buyers as you always can judge if the buyer is trying to scam you by misquoting the details. Also, some of your antique gold items may have more worth because of their vintage value.
● Get the idea of the current price of gold- Another important criteria that determines the value of your gold item depends upon the current price. Check the current rate of the gold online and use an online calculator to determine the approximate value of the gold that you want to sell.
● The right time to sell gold- If not in a rush, hold on to sell gold when the economy is weak. Usually when the stock market is at a low, the price of gold goes higher. If you can, wait till the time is opportune to sell gold.
Let's look at some key points that help you get the best deal from gold buyers-
● Once you have chosen the merchant whom you want to sell your gold, try having a friendly negotiation. Quote a justifiable price for an amicable deal. If you feel that the price offered is too low, don’t hesitate in voicing your opinion.
Let’s sum up
Gold prices are at an all-time high. It is a good time to sell your unwanted or old gold items to reap the highest profits.
With some research and comparison, you can head to the best place to sell gold and get the optimum deal against your prized possessions. All this will help you settle for the buyer who offers you the best deal.
The appeal of gold is universal. Having gold in possession is a sign of affluence and prestige. People love to flaunt their gold possessions not just in India but all over the world.
Gold
is also considered sacred and offered for religious purposes as well. It is a
common practice to give gold to family and friends on special occasions.
Ironically,
the yellow metal comes at a very high price. And after the recent pandemic, the
prices of gold have risen exponentially. Otherwise, over the past few years we
saw a stable rise in gold prices. But why this unexpected hike in gold price,
let’s find out together.
What makes gold so costly?
Gold
is a rare metal with some valuable properties. It entails elaborate processes
to extract gold and make it ready for use. Additionally, it is a precious metal
that has following unique elements to it-
● Gold is an irresistible
commodity- As mentioned above, gold has a global charm. People love to buy or
gift gold on various occasions. Whether a birthday celebration, anniversary,
festival, or religious event, gold excites people like no other metal. This
makes it hugely in demand irrespective of the supply.
● Gold mining is a tedious
process- Making gold available in the market for use is a painstaking process.
Starting from extraction of gold to making it market-ready in the form of ornaments, gold coins, or gold bars involves
complicated processes. All this adds to the cost of gold.
● Unforeseen circumstances
create an imbalance of supply and demand- The world witnessed a major economic
upheaval in the past two years, owing to the pandemic. The lack of manpower and
erratic transportation led to a decline in extraction and processing of gold.
The demand for gold has always been healthy but with the lack of supply, the
prices of gold are bound to witness a steep hike. Another factor that hit the
supply of gold recently is the Ukraine war.
● Gold is valuable even when
broken- Gold maintains its sheen over a hundred years and even more. It is,
therefore, a prized heirloom that passes on within generations. Whether a lost
earring, a broken bangle, or an overused necklace, you can still exchange them
for cash against gold. It is a great
saviour during stressful financial times because selling it fetches you instant
payment. Of course, this timeless sheen makes gold a costly metal.
The New Gold Rule
The
Bureau of Indian Standards (BIS) enforced a New Gold Rule from June 1, 2022.
Under this rule, all gold items that one wants to sell must have the Hallmark
certification. Earlier Hallmark certification was required only for 14K, 18K,
20K, 22K, 23K, and 24K carat gold
pieces. Now, you need hallmarking even for 19K and 21K carat gold.
This
new rule saves the interests of gold buyers as earlier jewellers could easily pass
off fake pieces or inferior quality items as pure gold. This rule applies to
gold coins, gold artifacts as well as gold jewellery.
Can you Hallmark fake gold?
Hallmark
certificate is a globally accepted certificate for certifying the purity of
gold.
The
Bureau of Indian Standards is the authorized signatory that issues the Hallmark
certificate. Genuine gold sellers have no issues in hallmarking their gold.
But
can dubious sellers hallmark the inferior quality gold that they sell? Sadly,
it is true. In India, it is a common practice where fake jewellers use their
own hallmarking machines and pass off the adulterated gold as a real one.
Of
course, it means that having a Hallmark certificate or hallmarking your gold
doesn’t guarantee purity.
Is there a solution?
The
good news is that there are AHCs (Assaying and Hallmarking Centers) that test
the purity of gold items. These recognized centers undertake the testing of
gold to assess its purity and issue a test report for the same.
As a
customer, you can take this report to your jeweller and ask him for
compensation in case of any discrepancy.
On
the other hand, if AHC issued you a purity certificate and your gold turns out
to be of an inferior value, then AHC is also bound to give you reimbursement.
This
also gives edge to the customers who want to sell gold for cash in emergency situations.
Bottom line
Buying
gold is a high value transaction. So, it is better to be safe than sorry. Take
precautions and be alert so that you are not the victim of any fraud activity.
Gold
is a lucrative asset not only for people in India but worldwide. Data indicates
that people have invested in gold for the past thousands of years.
The
interesting fact is that not only buying but selling gold for instant payment
has also been a common practice among people globally.
It’s
no surprise that the Indian gold market has myriad gold buying and selling
options. However, when it comes to banks, there are no options where they will
buy back your gold or gold coins. So, the question arises where to sell gold?
The
only way to sell gold for cash is to
go to gold buyers who may take advantage and try to dupe innocent sellers.
There is no dearth of gold buyers who deduct hefty amounts under the garb of
melting charges or wasting charges. Under these circumstances, a seller may end
up losing almost 30 to 35% of the gold value.
But
then how
to sell gold and how to find the best
place to sell gold?
Selling gold for cashmay lead to huge
disappointment if one does not research well before going ahead with the gold
merchant.
You
should consider the following criteria before deciding I want to sell gold for cash-
● Bill- You should have the
bill or invoice of purchase to present to the gold buyer. This will avoid any conflict
of interest and prevent any fraudulent activity as the bill will mention the
purity of your gold item.
● Your gold worth- To get a
fair idea of your jewellery’s value, you should get quotes from numerous
jewellers rather than relying on a single merchant. This way, you will also get
an idea about the authenticity of the gold buyer. A genuine gold buyer usually
asks to furnish the original bill or invoice to avoid any discrepancies.
● Purity of gold- Check your
gold pieces for the Hallmark sign. For example, if your jewellery has a 916
Hallmark sign, it means that 916 percent gold is mixed with other metals to
make your gold ornament.
● Analyze the current gold
trend- Getting your basics right is essential before heading out to a gold
buyer. Do your in-depth research about the current gold trend so that you can
decide when is the right time for you to sell your gold.
● Know your buyer well- Before
you finally settle on a gold merchant, check their credentials by browsing
through customer reviews and Google ratings. An authentic and ethical gold
buyer will also boast of a solid returning customer base.
● The final step- Deciding on
your gold buyer is a big step. Once done, ensure that you avail a transparent
service. Request the merchant to melt gold in front of you and then weigh and
test the quality of your gold. An honest gold buyer will also inform you about
their gold buyback rate and service charges beforehand.
We
can guarantee that by keeping the above key points in mind, you can get your
dream deal and optimum cash against your
gold. After all, your gold pieces hold a sentimental value for you and you
deserve the very best!
These
days it is common for people to look to sell their gold near me. Lately, the
price of gold has been on the upswing and this means that it is the best time
to sell gold. However, selling your gold for the best price requires smartness
at your end.
Let
us find what tips you should keep in mind when trying to sell gold-
● Know the market rates- Most
of the time the price of gold is on the higher side. This means that it will
help you gain profit but during certain times gold prices hit an all-time high.
Always keep a check on the market rates so that you sell your goldwhen the prices reach the
highest.
● Know the gold weight- One of
the first things the gold buyer will ask you is the weight of your gold. It is
in your best interest to know your gold weight and value before you approach
the buyer.
● Know the quality- All gold
valuables come in different levels of purity. The Karat value determines how
pure your gold is and that ultimately decides the price of gold. It is highly
recommended that you assess the purity of gold before going to the gold buyer
so that there is no room for cheating.
● Do your research- The
Internet is the king of things. Just search “sell gold for cash in Karol Bagh” and many names will pop up on your
screen. Check their ratings and reviews before shortlisting the most
distinguished name.
● Check credentials- Once you
shortlist the most reputed gold buyer, you can either visit them
in person or call them to confirm their credentials. Do not hesitate to clear
whatever doubt you have. This will avoid any last-minute confusion that you may
face otherwise.
● Selecting buyer- We strongly
suggest that price quotes should not be your only criteria for shortlisting the
most favorable gold buyer. It is very likely that many buyers who give a very
high price dupe you when you finally deal with them. Therefore, customer
reviews and their reputation in the market should be the most important
criteria to judge the legitimacy of the buyer.
Hope
you are in a better position to understand why it is essential to do your
homework before you head to a gold buyer. But, ever thought why does one
actually sell gold? Let’s quickly learn some benefits to sell gold:
● Be practical- There might be
old or broken gold jewellery sitting in your locker that may never find its way
out. Do you think it’s sensible to keep such jewellery for ages? Adopt a
practical approach and find the best place to sell goldso that you get some cash from it.
● Smart move- Gold is a
valuable metal that fetches great returns when you sell it off. This monetary
benefit that you get can be utilized for many purposes.
● Bails one out of emergency-
One of the most common reasons why people sell gold is to handle an emergency.
Many emergency situations require instant cash that can be obtained by selling
gold.
To
conclude, we suggest that it is better to be safe than sorry. Sellers who are
aware not only safeguard their own interests, but they also come across as
knowledgeable and informative.
Jewels
Planet is one such name that meets all this criteria when you search the market
for gold-buyers. It’s transparency, honesty, and promising customer reviews are
the prime reasons behind its shining reputation.
Gold is one of the most preferred forms of investments that offer assurance and safety, especially under ambiguous economic conditions. In today’s uncertain times even financial gurus invest in the yellow metal rather than buying stocks.
Ever thought why people put their hard-earned income into buying gold? The main reason is that this precious metal retains its sheen even in the most severe recession. It means gold always holds some of its worth as insurance against hard times.
People understand that gold as an investment is like putting money into high-interest fixed deposits because it fetches great interest in the future.
Deciding to sell your gold is not easy. There are hordes of buyers who buy gold for cash. With digital technology taking reign, you may also find many online gold buyers in the market.
With so many players in the market, one should tread with caution while looking for gold buyers.
Let’s take a quick look at some tips that are key to fruitful transactions for selling gold-
At this time, you may be thinking, where to sell gold? How do I find a buyer whom I can trust?
Jewels Planet is your answer to all your gold woes. It is a one-stop- solution that offers a quick, easy, and risk-free experience to its customers.
Here are the top 5 reasons why visiting Jewels Planet should be your top priority-
In a culture where gold symbolizes wealth, family tradition, and emotional bonding, selling gold is not an easy decision. Therefore, under dire circumstances, when the need arises, you should visit a buyer who offers the best value for gold. This will give you peace of mind and also a reason to smile.
We Indians believe that, buying gold is very auspicious. On any
celebration, buying gold is supposedly propitious. Also, gold is said to be a
great savior in financial hard times. You can morgue or sell your gold when you
are in need of hard cash. Many a times, you may inherit some gold jewelry and
in present times you want to sell your old broken jewelry and want
to buy some new designs. But what if you don’t have the bill or receipt of your
old gold? Or what if you don’t have hallmarked jewelry? How and where you may
get the exact value of your jewelry? How to decide the true value of it? These
are the anxieties out of which a fraud jeweler may lure you and mislead you.
Now a days, you may find many gold buyers, who may offer you a
tempting amount of cash against
your old gold, and may don’t turn up to their offer, after knowing that you
don’t have the bill.
Don’t worry. We at Jewels Planet don’t want any receipt or bill of
your old jewelry. Why? Because, at Jewels Planet, we assess you’re gold and
silver using a nondestructive technology, i.e X ray fluorescence technology,
which is a German technology to test the purity of the gold and silver, which
will testify your jewelry, on the spot. This machine generates a computerized
lab tested certificate to authenticate the purity of the metal.
We are very meticulous to offer you the best value of your gold in
Delhi NCR, as we know that when it comes to resell your valuables, you are left
with very limited and ambiguous options.
We, at Jewels Planet, always encourage a simple, safe and secure
gold buying and not imposing any hidden charges or terms and conditions to our
customers and complete the deal on the spot by paying cash/RTGS/cheque or as
per the customer’s requirement.
Delhi NCR stands for National Capital Region of Delhi, which comprises the prominent cities of NCR like Delhi, Ghaziabad, Gurgram, Noida and Faridabad. If you are looking for online gold buyers in Delhi NCR then you have knocked the right door. We are one of the acclaimed online gold buyers in Delhi NCR, who always aims at customer satisfaction. Customers are always placed at par with the God himself. So we always try our best o keep transparency while we deal with cash for gold. We have been serving our happy customers for the last few years with great trust, transparency and high quality methods to make proper valuation of the gold jewellery. We are there to solve all our cash for gold related issues with ease. So selling your gold online is going to be a hassle free experience for you at our organization.
Are you searching for Online Gold Buyers in Delhi NCR?
Gold is that precious metal, which holds our emotions and also regarded as auspicious on every festive occasion. If we have some old gold jewellery that we hardly use in any occasion, then we can get cash for gold at any trusted outlet. These days selling gold online for cash is very much convenient, provided if you choose a trusted gold buyer online. If you are searching for gold buyers online then make sure that you have to do a proper research. Make a survey and go for the ratings of the gold buyers online and read the reviews that are written by the authentic customers. Then check the authenticity of the buyer, visit their website and know more about them. Then you can visit the outlet to check if proper measures are taken in purity check of your auspicious gold jewellery.
Your Trusted Online Gold Buyer in Delhi NCR
At our outlet we aim at using all the trusted purity check methods for your gold jewellery. The purity check of the gold is done under expert supervision and all the methods are non-destructive, hence ensuring the best cash for gold jewellery you have decided to sell us. At first we measure your gold with the help of high end machines with accurate readings and then the carat check is done with contemporary purity check tools. And all the processes are done under the client’s knowledge and supervision. Currently we are serving more than 12000 happy customers and still we are going strong as one of the trusted gold buyers in Delhi.
We never compromise in giving quality service to our customers. Apart from that our organization is providing online gold buying facility that is very much customer friendly. Currently we are going with a single outlet in Delhi. We provide spot payment through cash/cheque/IMPS/RTGS as per customer’s preference. At Jewels Planet you will get the best cash for gold experience as we are one of the trusted gold buyers in Delhi with a committed team and contemporary methods like non-destructive X-Ray Fluorescent German Technology to ensure the reasonable evaluation of your auspicious asset.
We
are living in unprecedented times. There are many uncertain circumstances that
befall upon us without giving any prior notice.
In
India, gold constitutes a major percentage of our family wealth and is the most
preferred asset. It is the working capital of families. For many decades, gold
has proved to be the real asset of the Indian masses, a saviour against testing
times.
In
fact, gold isonly valuable in
a crisis that can fetch you instant payment. Ever wondered how?
As
per recent research, gold has outperformed stocks and bank deposits in the last
five years. This yellow metal has an unparalleled resale value.
The
market is bustling with miscellaneous gold buyers. Many such buyers lure
customers into a honey-trap by claiming to offer the best value against their valuables.
In this light, how to shortlist the gold
buyer in Delhi who will give you the highest cash against gold?
When
you browse online where to sell gold for cash near me, you are inundated with
choices. You may also ask your family or friends about their experience with
any gold buyers.
It
does become baffling to choose the most preferred buyer of gold among the
short-listed ones. Let us find out how to choose the best place where to sell gold in Delhi-
● Transparency- Selling your
gold can be a pleasant or an intimidating experience depending upon the buyer
you go to. If the gold buyer takes your gold to a separate chamber, outside
your sight, then you might be very uncomfortable. Always seek a buyer who
weighs, assesses, and performs the entire buying-selling procedure in front of
you. You will always feel at ease in a friendly and transparent environment.
● Instant payment- One mostly
sells gold under unforeseen circumstances that necessitate immediate payment.
For this reason, it becomes important that you go to a place where there is no
waiting for money. Look for a buyer who offers instant payment against your prized
assets.
● Mode of payment- Every seller
has their own preferential mode of obtaining payment. Some may ask for cash for goldwhile others may request payment
through cheque, or an online NEFT/IMPS/RTGS transfer. A buyer who offers
flexible payment methods to the buyer should be your ideal choice.
● Versatile- Versatility of the
gold buyer is one of the top criteria that is integral to an established buyer.
A buyer who buys silver & diamond along with gold jewellery is always a
better option. You might strike a better deal by selling your silver or diamond
valuables.
● Reviews and rating- In your
quest for cash for gold in Delhi or Gurgaon, customer reviews are very crucial
in determining the best buyer. Positive reviews and supreme Google rating are a
testament to buyer’s flawless reputation in the market.
● Years in business-
Distinguished buyers have years of fruitful experience and expertise that is a
boon to their customers. They are well-versed with the nuances of the market
and are extremely competent in their trade. Rather than a newly-appointed
staff, they have a professional workforce. Their well-trained staff greets you
with a smile and answers your queries with patience.
Keep
these crucial tips in mind while looking for trustworthy names in the gold-buying
business. By following these significant recommendations, you can rest assured
that your gold has found its most trusted companion.
The Perfect Place to Sell Your Old Gold — Jewels Planet
Jewels Planet focuses on providing an effortless solution for encashing the valuable belongings of each and every customer. We work closer to providing cash against gold in delhiand a fair value for your valuable ornaments.
Also at Jewels Planet, we follow a fast, obvious and honest method of assessment and give instantaneous price for Gold and other treasured assets. Our comparison of gold is performed by using a non-destructive German computing device and immediate money is provided on the foundation of the same evaluation and we take the satisfaction in sharing a trip with you.
Now let’s move forward on how we work towards buying your precious gold. How We Work?
We follow an easy and fast process with complete transparency. But just to make you double sure, here is the description of our process step-by-step.
1. Bring Gold:The First step is not ours but yours and i.e., to get us your precious gold so that we can evaluate it.
2. Gold Evaluation:As soon as, customers hand over the gold to us, we’ll start analyzing it. It is a two step process which will take place in front of you only (and thus, complete transparency). First, our highly trained staff member will clean your gold and remove all dirt carefully and they will value your gold depending upon the weight and purity.
3. Payment:The final step is your payment. After our staff evaluates the gold item, we tell you the trueand bestvalue of it, as per the current gold rate. Your payment will be proceeded as soon as you give us a nod. You will get the payment with a medium of your choice. Till now, you must have very well understood that we have easiest gold buying process but if you are still in doubt, then why should you sell your gold to Jewels Planet only then keep reading. Why Jewels Planet Over Other Gold Buyers?
You must have been wondering that there are a number of other gold buyersout there but why should you still choose Jewels Planet over every other. You will get your answer very well after reading the below distinction on how Jewels Planet is different and above from traditional gold buyers online. Jewels Planet
· We, at Jewels Planet, use the latest (and non-destructive) technology to analyze the final value of your gold item. · We take the number up to 2 decimal points showing on the weighing machine. · We use the current market rate to value your precious gold. No Middlemen or gimmicks involved during the transaction.
Traditional Gold Buyer· Using touchstone to evalu
ate your gold which might depreciate your gold item. Also, doesn’t give accurate value. · Considers the lowest value on gold weighing machine. · Takes in consideration the lowest gold rate of the day. Middlemen and too many branches degrades the quality of service and compromises safety.
Get the Maximum Payouts for your Jewellery at Jewels Planet Only!!!Jewels Planet will give you an unparalleled and unprecedented experience of selling your old gold. Apart from old gold jewellery, we also deal with silver and diamonds. It just doesn’t matters whether it is a necklace, bracelet or ring; or whether it is a new or old piece, we always will be there to help you, a.k.a., to cater the cash for gold lajpat nagar service.
Gold is considered pious in India. It has been associated with the likeliness of Goddess Lakshmi, the deity of prosperity and wealth. Buying gold commemorates auspicious functions and celebrations. No doubt, pledging gold does not go too well with Indian community.
Gold is also a prized heirloom which is passed from one generation to another as a mark of family legacy.
Also, the skyrocketing prices of this metal make it a safe bet against odd times. Be it a medical emergency, financial crisis, business requirement, one can pledge gold to bail out of a perilous situation.
With changing times, the concepts of people have also changed. Pledging gold is no longer considered unacceptable. However, whether one should pledge gold or not is still a debatable topic.
People realise that gold can be used as a security to meet their urgent cash requirements. There is no doubt that gold loan market is soaring today. Most banks as well as NBFC’s provide a loan against gold. But, the heavy amount of interest levied on pledged gold is a major deterrent. One may even lose their gold if the interest amount is not paid on time. For this reason, it is recommended that one opts for getting cash against gold after getting a proper evaluation of their gold.
Modern Outlook
With more and more people becoming educated and modern in their outlook, the inhibitions associated with selling gold for instant cash are being shunned. In urban dwellings, people prefer getting instant payment against their gold items. The idea of mortgaging their gold assets with banks or local jewellers does not go too well with their mindsets; they do not want to get entangled in the web of surmounting interest.
Hard Earned Saving/Investment
Many of us buy gold as an investment against a potential financial crunch. No wonder, we put our hard-earned income into it. Pledging gold at the times of need is an option but not really recommended as the process entails lot of complications. As a customer, even if you are being offered lucrative interest rates by the creditor, it is not in your interest to get trapped in the web of accumulating interest of pledged-gold. Moreover, credibility of the creditor is a concern too. Many a times, one may get cheated at the hands of creditor and end up paying huge interest against the pledged gold.
Financial Literacy
As a customer, one must understand the concept of gold-pledging clearly. The poor segment can be easily lured into the concept without actually understanding the underlying clauses of the process.
Sound financial literacy is required to be able to understand the technicalities involved in the process. Otherwise, it may pose a serious risk to the customer as it would be difficult to regain the pledged gold in case of a default. There are hidden charges, late-payment charges and many intricate obstacles that can torment you with a life long stress.
To summarize, it is suggested that in today’s scenario, you should not burden yourself under the load of ever-increasing interest of pledged gold. You should rather take a pledge to come out of a financial crisis by getting instant payment against gold by evaluating your gold for highest price.