Gold Buyback Calculator
Find out how much your old gold jewellery is worth today
Enter Your Gold Details
Typical range: 5–15%
No additional deduction ~5% condition deduction applied ~15% condition deduction applied
Buyback Value Breakdown
Percentage of today's market value you will receive
Enter the weight above to see the estimated buyback value.
What to Expect When Selling Old Gold
Typical gold buyback is 85–95% of the current market value. Jewellers deduct making charges (since those can't be recovered), a processing fee, and apply a condition discount. Hallmarked (BIS certified) gold typically fetches higher rates as its purity is certified.
Tips to Get the Best Buyback Price
Compare at 3+ Jewellers
Prices can vary significantly. Always get quotes from at least three different jewellers before selling.
Ask for a Receipt
Always get a written receipt showing the weight, purity, rate, and total paid. This protects you legally.
Hallmarked Gold Earns More
BIS hallmarked jewellery has certified purity, so jewellers offer better rates without needing to melt and test.
Watch the Weighing
Ensure weighing is done in front of you on a calibrated scale. Stones and clasps may be deducted from the weight.
Time the Market
Gold prices fluctuate daily. Selling on a day when rates are high can make a meaningful difference to your payout.
Exchange vs. Sell
Exchanging old gold for new jewellery at the same store often gives a better effective rate than outright selling.
Frequently Asked Questions
The buyback value = Weight × Purity rate per gram × (1 − making charge %) × condition multiplier. Jewellers use the current IBJA gold rate for that purity. Making charges you originally paid cannot be recovered, and a condition factor is applied based on the wear of the jewellery.
Making charges are the cost of crafting the jewellery. When you sell back, the jeweller will melt the gold, so the craftsmanship has no value. They only pay for the raw gold content, hence making charges are deducted from the resale amount.
Yes. BIS hallmarked jewellery (HUID stamped) has certified purity, so the jeweller can verify the gold content without a melt test. This usually results in a better rate and faster transaction compared to non-hallmarked gold.
Exchange is often better value. When you exchange, jewellers typically give credit for the old gold at a more favourable rate and apply it towards the making charges of new jewellery. Outright cash sales tend to involve more deductions.
You need a valid government-issued photo ID (Aadhaar, PAN, Passport, Voter ID). Transactions above ₹2 lakh require PAN as per income tax rules. Always ask for a written receipt from the jeweller.