Can I sell gold for cash in India?

We all know that gold is important to Indians. Since ancient times, gold ornaments and coins have been bought/exchanged on important ceremonies and occasions.

 

Gold is also a symbol of Laxmi Ji, the Goddess of wealth, fortune, and prosperity. A peculiar thing to note is that Indian gold holdings are not limited to just the rich & wealthy, but also percolate down to other classes that are considered “not so rich”.

 

In short, gold plays an integral role in Indian culture.

 

There is more to gold other than personal life events, status and religious beliefs. Gold has a practical consideration of easy portability and security of gold assets as an investment.

 

One can sell gold for cash in the times of need to avail of cash instantly.

 

Liquidating your inherited gold, old jewellery, broken or missing pieces, or even gold bars and coins for cash is a dependable method to meet your urgent financial demands.

 

It simply means selling gold can provide you with an infusion of cash and provide you with a cushion during emergency situations.

 

Now, you may ask how to sell gold?

What are the decisive points to keep in mind when planning to sell gold and which is the best place to sell gold?

 

Keep reading this blog article and you will find answers to all your questions.

 

Following are the best ways to exchange/sell your gold jewellery to get the maximum value-

 

1)  Karat percentage of your gold- Karat percentage means the purity in your gold or the gold content in your jewellery. The original bill/receipt of your gold purchase mentions the purity of your gold. Therefore, it is always wise to hold onto your receipt till the very end. Having an idea about the purity of your gold will keep you in good stead. The higher the Karat weight of gold, the better the price it will fetch you upon selling.

2)   Best possible quote- Do your study by showing your gold jewellery to different gold buyers. By getting multiple quotes from various traders you will gain an insight as to which gold buyer is offering you the maximum price on your gold jewellery.

3)  Patience is the key- Sometimes, an urgent situation may demand you to sell your gold in a rush. But, if your needs can wait, then it is best to study the gold market over a period of time. This way you can avail the optimum price by selling your gold on the day when the gold prices are relatively high.

4)  Proper survey- It may take some time to settle for the best buyer but selecting the best possible gold buyer is a very crucial aspect of selling gold. Invest some time on the Internet and check the websites of different buyers. You can Google the best place to sell gold in Delhi or the best place to sell gold near me. A buyer's reputation is a benchmark of their honesty, integrity, and experience. Check customer feedback and reviews to get the best possible idea about your prospective gold buyer.

 

In the highly competitive gold buying market, Jewels Planet is the best place to sell gold for many reasons.

 

First of all, you get paid fast. You get on-the-spot payment via cheque, instant cash, or online through RTGS/NEFT, as per your preference.

 

Secondly, the quick and smooth gold selling process is carried out right in front of you with utmost transparency. Their professional staff willingly sails you through the whole procedure with ease.

 

To sum up, when planning to sell gold, go for Jewels Planet, the niche gold buyer in the marketplace.

 

It is an ISO 9001:2015 certified company where your transaction is foolproof and risk-free.