How can I sell my gold in Chennai?

There are numerous places where you can sell gold in Chennai. One of the popular places is gold max. The company has got branches in Chennai and Tamil Nadu where you can sell gold. Most gold jewellery shops in Chennai will also buyback the gold, which they have sold you.

What’s the best place to sell your gold?

10 Best Websites to Sell Gold Online & Locally

  1. Cash for Gold USA. (Pays 3x more cash compared to competitors) …
  2. (Pays up to 95% of the value of gold bullion & up to 90% for your precious metals and diamonds) …
  3. Express Gold Cash. …
  4. Liberty Gold & Silver. …
  5. Apmex. …
  6. Diamonds. …
  7. Kitco. …
  8. USA Gold Bureau.

How much does cash for gold Pay Per Gram?

How much is gold worth?

Gold Price Today – What We Pay For Gold & Silver.

What We Pay For Broken Unwanted Gold Price Paid For Gold
What We Pay For 10k Gold Price Matched. Guaranteed Best! $22.93 / gram $28.39 / gram
What We Pay For 14k Gold Price Matched. Guaranteed Best! $32.14 / gram $40.21 / gram
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Can we sell gold in GRT for cash?

Well, all the popular and prime jewellery shops like Tanishq, GRT, Joy Alukkas and so on will not entertain paying cash for your jewellery. They will only be interested to exchange for new jewellery. So, to sell your Gold coins or Jewellery, you have to find a local Gold Buyer.

How do I exchange gold for cash?

There are three main places to sell gold — reputable online gold buyers, bullion pawn shops and local jewelers. We generally recommend selling online if you’re looking for the highest possible price for your gold, although each option offers its own range of advantages and disadvantages.

How can I sell my gold in India?

Sell Your Gold in Quick & Easy Steps with Transparency!

  1. Visit the Gold Point. Customers give their Gold to Muthoot Gold Point for valuation.
  2. Gold Cleaning. All dirt is removed from your Gold with ultrasonic machines in front of you.
  3. Gold Valuation. …
  4. Gold Rate. …
  5. Get an Instant Payment.

Is It a Good time to Sell gold 2021?

Gold had been at record high prices for all of 2021, with no signs of significant drops. If you do not enjoy your gold jewelry or coins, and need the money, now is an excellent time to sell gold bullion, coins, scrap or jewelry.

Is it good to sell gold now?

The perfect time to sell your wanted gold for cash is NOW! … Gold prices are sensitive to the movements in U.S. and a stronger U.S. dollar usually weighs on gold. Currently, the gold prices have recovered after the biggest weekly drop this year and this is why, it’s just the perfect time for selling gold jewellery.

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Can I sell my gold to a bank?

The bad news is that most banks do NOT accept gold due to missing evaluation possibilities. During the last 10 years many counterfeit coins and bars appeared because the gold price raised so rapidly. The risk of buying gold with a tungsten core is serious and most banks are not willing to bear buying-risks.

How do you calculate the selling price of gold?

Now, if you wish to purchase a gold chain of 9.6 grams, then price will be calculated as:

  1. Price of 1 gram of gold = Rs 27,350 divided by 10 = Rs. …
  2. Price of 9.60 grams’ gold chain = Rs 2,735 times 9.60 grams = Rs 26,256.
  3. Add making charges, suppose 10 per cent, which comes to Rs 2,625.60 (10% of Rs 26,256)

Can I sell gold without Bill?

In case you do not have the bill, you can sell the coin, bars or jewellery with an established jeweller but only in exchange for gold purchase at their stores. These stores melt the metal in front of you to check its weight and purity. … It could be in the form of coin, bars or jewellery.

How can I sell my gold online?

You can sell gold online in India with the help of the MobiKwik app. The process is very easy and involves minimal steps. You just have to log on to the MobiKwik app with your registered mobile number, enter the amount of gold you want to sell and that’s it!

How much gold can I sell without reporting?

According to federal tax laws, precious metal dealers are not only required to report certain sales by their customers, but they are also under legal obligation to report any cash payments they may receive for a single transaction of $10,000 or more.

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How much will jewelers pay for gold?

When you sell gold coins or bars, you should expect to receive at least 90% to 95% of the current market value. But with gold jewelry, you’re likely to get only 70% to 80% of the melt value.