Things to Keep in Mind Before Selling Your Gold Jewellery

Selling gold may seem simple, but without prior experience, it can be challenging. Don’t worry! Here are some essential tips to keep in mind when selling your gold jewellery, especially in cities like Bangalore.

1. Check the Current Gold Market Price
Daily Price Fluctuations: Gold prices change daily, so it’s crucial to stay updated on current rates. You can easily find this information through online sources or by contacting local gold buyers and traders.
Timing Matters: The best time to sell gold is when prices are favorable, ensuring a higher return. Many people hold onto their gold until they feel the price has peaked.

2. Know the Purity of Your Gold
Karat Value: The purity of gold is measured in karats. The higher the karat, the more valuable your jewellery is. Check your jewellery’s karat value before heading to a gold buyer.
Hallmark Certification: Look for a BIS hallmark on your jewellery, which guarantees its purity. This will also give gold buyers more confidence, potentially increasing the offers you receive.