Sell Your Gold at Market Value
Our process in four easy steps
1
Buy Products
We buy old products at current market price.
2
Melt Jewellery
The product is throughly melted so that it can be processed for refining.
3
Refine Gold
To extract only gold from melted gold, it is refined with acid. Which is available in powder form.
4
Fine Gold
Finally biscuits are prepared from the powder form. Which is called fine gold.
Frequently asked questions.
In this section, you can address common questions efficiently.
All type of jewellery like 750 Hallmark/ 916 Hallmark even after taking many precautions. The percentage of purity varies by 1-2% due to the calculation of other metals and joints in the gold at the time of manufacture and there is a loss of 1 to 2% in melting and refining it. In this way, we incur a loss of 4-5% percent while refining and for all these processes we charge 5%. So it's calculated by -10% of actual gold purity of percentage like 750 Hallmark Gold Jewellery keep 75 % Purity of Gold then calculated 75-10 = 65% . For e.g - 1 gm 18 ct Gold price is [1 × (75-10)/100 ] × Gold Rate/gm - 300] .
Current gold value is the gold purchase rate which includes GST. But there is no GST on Purchasing old Gold, Due to which the value of Gold is Calculated after removing GST.
For e.g - Gold Value is "X" then Gold Value without GST - (X/103)×100 .
The Sale Value and Purchase Value of Gold be Different. This is charged by the bullion market where refined gold is sold. This is due to its margin. If there is a sudden fluctuation in gold, the margin can increase because there are no buyers at a sudden high price.
