Jewellery Resale Value Estimator
Find out realistically what you'll get when you sell your gold jewellery
Making charges are NOT returned when you sell jewellery
When you sell or exchange gold jewellery, you receive only the metal value at current gold rates. The making charges you paid when buying (typically 8–25% of total price) are a non-refundable cost.
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Resale Estimate Breakdown
This is normal — making charges and retail margin are one-time costs of purchase. Gold jewellery is not a liquid investment.
Resale Value by Buyer Type
| Buyer | % of Gold Value | Notes |
|---|---|---|
| Same jeweller (exchange) | 95–100% | Best rate, but for purchase only — must buy new jewellery |
| Different jeweller | 90–95% | Good rate if buying new jewellery from them |
| Gold buying store / app | 88–93% | Cash payment, no purchase obligation |
| Gold ETF / SGB | ~100% | Market price, no deductions — but for financial instruments only |
| Pawn shop / moneylender | 65–75% | Loan against jewellery — not an outright sale |
Before You Sell — 5-Point Checklist
Get an independent valuation
Visit 2–3 jewellers for valuation. Do not accept the first offer. Prices vary significantly between buyers.
Check today's gold rate
Know the exact MCX gold rate before you walk in. Buyers quote against this rate — you should too.
Verify the purity reading
Ask the buyer to test purity in your presence using an XRF machine or acid test. Do not accept their word alone.
Have your original bill if possible
Original purchase invoice shows declared purity and weight. It can help in disputes and speeds up the process.
Understand what you're signing
Before handing over jewellery for cash, ensure you get a receipt with weight, purity, rate, and amount paid clearly stated.
Frequently Asked Questions
No. Making charges are a non-refundable cost of crafting the jewellery. When you sell, you receive only the metal value at current gold rates minus the buyer's margin. This is standard across all jewellers in India.
The best effective rate is typically an exchange at the same jeweller (95–100% of gold value) but requires you to purchase new jewellery. For cash, a reputable gold buying store offers 88–93%, which is better than pawn shops (65–75%).
Yes. BIS hallmarked jewellery (HUID-stamped) commands better rates because the purity is certified. Unhallmarked jewellery requires testing and buyers may apply a purity deduction of 1–3%.
Resale = (Weight in grams) × (Purity factor) × (Today's gold rate per gram) × (Buyer %). Making charges, condition deduction, and testing fees are then subtracted from this base.
Today's Gold Rate
Rates used in calculation above are today's indicative rates.
Historical Rates (approx.)
22K gold per gram (indicative)
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