Tips to find the best gold buyer

Gold is an excellent investment option that people have been using for ages. This is because selling gold transforms into instant cash when in extreme need of money.

Indian markets brim with jewellery shops where one can buy beautiful gold ornaments. However, when it comes to selling gold, the same shops shy away and are not very forthcoming. Therefore, when in dire need, people have no option but to look for gold buyers, who most of the time try to take advantage of the situation.

Most gold buyers incur huge deductions in the garb of wastage charge, melting charge, and other costs. Helpless sellers end up paying almost 50 to 60% of their gold value in the name of such deductions.

So, you may ask, how to sell gold? Is there a foolproof way? Well, don’t be disheartened, there is. It is highly recommended that one should keep in mind the following tips before selling gold to get the best price.

• Bill or invoice- It is best to have your original bill whenever you plan to sell your gold. This will avoid any conflict of interest such as the purity and authenticity of your gold item.
• Purity of gold- In case you don’t have the original bill, always validate the purity of gold beforehand. Otherwise, jewellers can manipulate saying that your gold item is of poor purity.
• Gold worth- Remember while selling gold, you will only get paid for the parts that are in pure gold. To avoid any surprises later, it is best to know in advance the worth of your items.
• Gold rate- This is an important factor that determines selling your gold ornaments at a fair price. As the rate of gold keeps fluctuating, always determine the gold rate of the day when you plan to sell your jewellery.
• Reputable buyer- Of course, a gold buyer with high ethical standards and a sparkling reputation is your best bet. Check Google reviews, discuss with your family and friends, and browse the Internet well before settling down for a gold buyer. Unorganized gold buyers who still follow traditional practices can make the whole gold buying experience a hectic one.
• Years in the market- A distinguished gold buyer will have a legacy that stands on values of integrity, high-quality practices, and high customer satisfaction. A buyer who has earned the goodwill of his customers through years of honest work is always recommended.
• Shop around- You can try getting bids from multiple gold buyers before deciding where to sell. This will make you more confident and well aware of the gold buying process.
• Documents- Once you know where to sell your gold, just ensure that you have any of the following 2 documents that the gold buyer may ask for-

1. Pan Card
2. Aadhaar Card
3. Voter ID
4. Driving License
5. Passport

In a nutshell, selling gold is a very personal matter and therefore, one should understand the importance of transparency and honesty.

In this light, it becomes all the more important to research well so that any last-minute disappointments can be minimized.

By reposing faith in Jewels Planet, one of the best gold buyers in Delhi, you are looking at:

• Full transparency in cash for gold process in Delhi/NCR.
• Instant Lab Report Certificate to check the purity of gold..
• Smooth and fast gold selling process.
• Well-trained, professional, and highly courteous staff for the best customer experience.
• And most importantly instant payment against your gold.

How to sell gold- A guide to finding the best gold buyer

Most often we use only some jewellery pieces while many just lay inside your locker.

Almost everyone has many pairs of ear studs or bangles that have been out of fashion for years. So many that we forget that we even own them.

So, what do we do with these unused pieces? The best idea is to sell this jewellery to gold buyers. But not just the jewellery, you could even sell gold coins, if you have any.

Once the decision is made about selling your gold, you will wonder about the following:

How can I find if the potential gold buyer will be trustworthy?

How does the gold buyer quote the price of my gold pieces?

What types of gold can I sell?

All this may lead to more confusion. Therefore, we suggest that you go through the following blog to know everything about selling your gold.

You will find all details on how to find a reliable gold buyer near me and the relevant information for a smooth transaction.

Why should you sell gold?

Most of us sell gold in exchange for money. Currently, gold prices are at an all-time high. So it is a good time to sell gold, no matter what the reason.

● For getting extra cash- The significant amount of money that you get by selling gold can generate additional income that can be used for many things. It is a much better option than taking a loan or falling into debt.

● Using extra money in other investments- The value of gold is often more stable compared to money, especially during inflation. That means one can use extra cash in some other form of investment, such as stocks or bonds.

● Upgrading your jewellery pieces- Just like clothes, jewellery gathers dust and creates clutter if not used. However, unlike clothes, selling jewellery fetches you a fair amount of money. You can use this money to even upgrade your existing jewellery pieces.

● Gold can recall not so good memories- Jewellery is mostly associated as a symbol of love. Beautiful neckpieces, bangles, or earrings are gifted to us by someone special on some important occasions. Sometimes those special people may not be a part of our life anymore. Any jewellery items gifted by them may bring unpleasant memories from the past. Selling them is the best option to ward off any negative thoughts.

Three things to keep in mind before selling gold

Selling gold to gold buyers near me is not an easy process and entails a lot of homework. In order to avoid mistakes, you should keep certain things in mind.

You should know the following 3 important things about selling gold:

● Purity- Gold purity is measured in karats. Before selling gold, you should know the karatage (number of karats) of your items. This will make you more aware of the approximate price. And, it will also lower your chances of being duped.

● Factors affecting the cash for gold- Here are a few more things of importance for evaluation of gold.

A) Purity of your gold- The better the purity of your gold, the more likely it is to fetch a better price.

B) Spot price- You should check the current spot price of gold before deciding to sell it. The spot price is the buying or selling price at this very moment. Knowing the spot price will help you calculate the approximate value of your gold pieces.

● Where to sell gold for cash- This is perhaps the most difficult part of the whole gold selling process. You must find a reliable and safe gold buyer, who will not trick you with their hidden gimmicks.

If you are looking for gold buyers in Delhi, we suggest that you drop by Jewels Planet, your gold buyer located in Karol Bagh.

At Jewels Planet, you will have a wholesome experience and get the fairest price against your gold assets.

You will receive instant payment against your sold gold through cash, NEFT, or RTGS.

Remember, Jewels Planet is the most professional gold jewellery buyer in Delhi. Visit us to get the best deal!