Selling Old Gold | Selling New Gold: Does It Matter When Selling Gold

Are you considering selling old gold | selling new gold jewelry in Bengaluru? You might have a collection of old family heirlooms or broken pieces you no longer wear. Perhaps you’re wondering if the age of your gold affects the price you’ll receive. At Benaka Gold, a leading Gold buyer in South India, we’re here to assure you that old gold holds the same value as new gold when it comes to selling based on weight and purity.

Selling old gold and Selling new gold

What Determines the Value of Your Gold?

If you are Selling old gold | Selling new gold, The price you receive for your gold jewelry depends on two key factors:

  • Weight: Gold is weighed in grams, and the final price is directly proportional to the weight of your gold.
  • Purity: Gold is rarely pure in its natural state. It’s usually mixed with other metals to create alloys for better durability in jewelry. The purity of your gold is measured in carats (kt) or as a decimal fineness. You’ll get the highest price per gram for gold with a higher karat/fineness value.

Age Doesn’t Affect Gold Value

As long as your gold jewelry is genuine, its age doesn’t influence its price. Whether it’s a brand-new piece or a treasured family heirloom, the value is determined solely by its weight and purity.

In fact, some antique gold jewelry might even be more valuable due to its historical significance or unique design. However, this added value depends on finding a Gold buyer who appreciates the antique aspect, not just the gold content.

What About Damaged or Broken Gold?

Sell Damaged or Broken Gold

At Benaka Gold Company, we understand that not all gold jewelry is in perfect condition. We accept broken or damaged pieces as well. Our experienced staff will assess the weight and purity of your gold, even from broken pieces, to determine a fair price.

Selling Old Gold with Confidence at Benaka Gold

At Benaka Gold, we pride ourselves on providing a transparent and trustworthy gold-selling experience in Bengaluru. Here’s what you can expect:

  • Free and accurate gold evaluation: Our state-of-the-art equipment provides precise measurements of your gold’s weight and purity.
  • Competitive gold rates: We offer some of the most competitive gold prices in Bengaluru, based on the current market value.
  • No hidden fees: The price you see is the price you get. We have no hidden charges or deductions.
  • Fast and secure transactions: We offer quick cash settlements for your gold.

Ready to Sell Your Old Gold?

Whether you have new or old gold jewelry, Benaka Gold is the perfect place to sell it in Bengaluru. Contact us today or visit one of our convenient locations. We’re committed to making the process of selling your gold jewelry simple, secure, and rewarding.

Check our other Blog: 5 Common Mistakes to Avoid When Selling Gold in Bengaluru.

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