When you visit a gold buyer in Madurai to sell your jewellery, one of the first things that happens is a purity test. A machine is used, a number appears on the screen, and the buyer uses that number to calculate your payout. But most sellers have no idea what that...
A large number of people in Madurai who want to sell their gold hold back because they no longer have the original purchase bill. Some bought their jewellery decades ago. Others received it as a gift or inheritance. Many simply lost the bill over the years. The...
One of the most common questions people have before selling gold is — how exactly does the buyer arrive at the final number? Many people accept the price offered without understanding how it was calculated. This leaves room for buyers to underpay without the seller...
Most people assume that broken or damaged gold jewellery is worth less than intact pieces. This is one of the most common misconceptions about selling gold. The truth is that when you sell gold, the buyer is not paying for the design or the craftsmanship — they are...
Thousands of families in Madurai pledge their gold jewellery at finance companies and banks every year to meet urgent financial needs. Once the loan is repaid and the gold is released, many people are unsure what to do next — whether to keep the jewellery, re-pledge...
One of the biggest mistakes people make when selling gold is walking into a buyer’s shop without any idea of what their gold is worth. When you do not know the value, you have no way to judge whether the price being offered is fair or not. You simply accept...