How do I sell hallmark gold jewelry?

WHAT YOU SHOULD KNOW BEFORE SELLING HALLMARK GOLD

1. Factors to Focus-Online 🔻when selling your Hallmark gold jewellery for cash in chennai.
2. CHECK VALUE OF HALLMARK OLD GOLD TODAY.
3. CALCULATE HALLMARK GOLD CASH EXCHANGE PRICE.
4. CHOOSE THE REPUTED GOLD BUYER.
5. CHECK HOW QUICK IS THE PAYMENT DONE.
6. FINALLY PROCEED.

Can I exchange old gold jewellery to new?

Whether the gold price is at ₹4,000 per gram or ₹5,000 per gram, you can always exchange your old gold ornament for the same quantity of new gold ornament at no additional cost (except making charges and taxes).

Can I sell non hallmarked gold?

Jewellers cannot sell jewellery without a hallmarking stamp. But consumers can sell or exchange gold without hallmarking at any time. Will the price of jewellery go down if they are not hallmarked? Customers will get the current market price depending on the purity of gold.

Can I exchange gold in tanishq?

Your old gold jewellery has spent decades in the locker and now you can exchange them with hallmarked jewellery from the latest collections at all Tanishq stores.

Can we exchange gold at tanishq?

You are never charged the price of gold for the weight of stones. We melt your old gold in front of your eyes, and weigh it in your presence. So the weight and the karatage are always right and you get the best exchange value from us. So much so, we offer 100\% exchange* on them at current prices.

Can we sell non hallmark gold?

“Jewellers can continue to buy back old gold jewellery without hallmark from the consumer. In order to give adequate time to the manufacturers, wholesalers and retailers of gold jewellery, there would be no penalties till August end. “BIS (Hallmarking) Regulations, were implemented with effect from June 14, 2018.

What if my jewellery is not hallmarked?

“Jewellers can continue to buy back old gold jewellery without hallmark from the consumer. In order to give adequate time to the manufacturers, wholesalers and retailers of gold jewellery, there would be no penalties till August end.

Should I Sell my jewellery if it is hallmarked?

Before you sell, check if your jewellery is hallmarked or not. Hallmarking establishes the purity of gold jewellery. Any jewellery that bears a 916 hallmark means 91.6\% purity of gold for 22 carat gold. Jewelers would anytime prefer a 916 hallmarked gold than a non-hallmarked gold as there is no authenticity of its purity.

What happens to used gold in a gold shop?

Gold shops which take used gold will first melt the jewellery in an induction furnace and the gold available thereafter which is free of any impurities is taken for deciding the price. This entire process is done at a nominal cost which will be deducted from the final price of gold. This deduction ranges between 4-6\%.

What is the purity of 916 hallmark on 22 carat gold?

Any jewellery that bears a 916 hallmark means 91.6\% purity of gold for 22 carat gold. Jewelers would anytime prefer a 916 hallmarked gold than a non-hallmarked gold as there is no authenticity of its purity. Now for the jewellery that is not hallmarked, take it first to a store which has a carat meter, which establishes the purity of gold.