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Tips on How to Exchange Gold for Cash

02 Jun 2018

Do you want to exchange your Gold or Silver Jewellery, Coins/bars, Diamonds, gold, Items, etc. for cash? If yes, you must be hands on with these important points to make sure that you get the most of the cash in exchange for your gold.

Deal with local, trusted and reputable gold buyers: In today’s scenario, where there is a cut-throat competition and the market is flooded with dishonest people, there is every probability that a lack of research can land you in the trap of an unfair buyer. To make sure that you are not taken advantage of, deal with a local, trusted and reputable buyer like 24Karat. 24 karat has become a synonym for used Jewellery buyer in Delhi & NCR and is the best place to get cash for jewellery or other precious items. They have a legacy of almost 50 years in the market and not only pay the highest cash for gold but even guarantee it.

Check the Current Market Prices: If you have the gold that you want to exchange for cash, keep tracking the fluctuations in the market price of gold every now or then. You can go online at www.24karat.co.in and it will provide the current cash for gold price. Having the exact information of the current price of gold will allow you to sell gold when it is at its highest. This means more cash for gold!

Be Reasonable: Be reasonable with your expectations before going to cash for gold. There is no company that can offer you the current market price for your gold because of the significant cost of converting the gold items into raw gold material and that of the loss on making charges which once given cannot be returned.

Know in advance what your items are worth for: This includes knowing what karat your items are and how much they weigh. Knowing the karat and weight of your gold will allow you to calculate the melt value of your items and will give you an idea of how much money to expect. Also, do not let gold buyers weigh different karat items together. Make sure your items are separated karat wise. Remember, the higher the karat, the higher the gold purity. For that we, at 24 karat, have the world’s finest gold testing laser machine called the KARATMETER so that you can know your exact karatage.

Make sure your gold buyer uses fair means to check the purity of gold: Make sure your gold buyer uses fair means to check the purity of your gold. Do not fail to ask your local gold buyer about how they test and verify your items. There are many high precision devices, like Karat meter, that gives an exact reading of the purity of the gold and is a “modern and accurate” way of testing precious metals.We have KARATMETER available at all our branches

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