When you are out to sell your investment there are various factors that determine its price. But other than that there are various things that you can do on your personal scale to get a good price for your commodity. Whenever you have some investment to sell the bottom line is that you should be getting a very good price for it. If you don’t get this then there is no commodity and saving it for the future. But pony and commodity does not guarantee that you will get a good price for it. If you want to get the highest cash for gold Delhi NCR then there are steps that you need to take.
What we mean by this is that you have to put in some effort so that you can get an excellent return for your jewellery. There are various people in the world who own gold and want to sell it at a very good price. In this article, we will tell you how you can determine the exact price of your gold at your home. Why do this? You will ensure that no one in the market will be able to fool you.
Why Does It Matter?
Many people ask us why they need to calculate the price of their jewellery in their homes. This is because they have heard of many people who simply approach a gold buyer and sell their jewellery to them. But when you do this there is some risk involved that cannot be ignored. One of the biggest risks of doing this is that you increase your chances of getting a lower price from your dealer. You have to understand that the price that you get for your gold depends on how much the price will be given to you by your dealer.
The jewellery dealer will determine the price of your jewellery and then will give you the money accordingly. Therefore there is a chance that they will give you a low price for your gold. This is why it is advised that people should always determine the rough value of their jewellery in their home if they want to get high cash for gold Delhi NCR. Determining this value involves only two steps. First you need to calculate its purity and then its weight.
Knowing The Purity
This is a concept that many people do not know about their jewellery. The goal that you are holding in your hand is not 100% pure. This is because if we had given you 100% pure gold you could not have been able to wear it. The simple explanation behind this is that pure jewellery is very weak and fragile. Therefore when a gold Smith will try to make usually out of 100% pure gold it will break into many pieces. To get around this problem certain metals such as copper are mixed with your gold.
Even though this reduces the purity of your jewellery, it makes it wearable. While calculating the purity of your gold a gold buyer Delhi NCR calculates how much extra metal has been added to it. If you contact a genuine jewellery dealer such as cashfor gold and silverkings they will give you the correct value. On the other hand iifpyou contact any random dealer they will try to take advantage of your position and give you a wrong value. Therefore it is a precautionary step to calculate this purity at your home so that you do not leave yourself at the mercy of your gold dealer.
How To Determine Its Purity?
Now that you know that it is important to calculate the purity of your gold you must want to know how you can do it. You have to understand that it is not that simple to determine the purity of your jewellery. You must have heard that 24 carat gold is considered to be the purest. But as you have already told you impurities are added to make it wearable. Now it will be a very technical thing to calculate this added metal. Therefore the easiest thing that you can do is take your old receipt of the bill and check it. If the gold has been purchased from a genuine gold seller then you will get the accurate value of its purity.
If you do not have the receipt of the bill then you have to approach a genuine jewellery buyer near me. They will determine the worth of your gold without asking for any money. Without having the receipt of your bill it will be very difficult for you to determine the purity of your gold at your home. It is because specialised machines are used to do it accurately.
Now Getting To Know The Weight
You must have heard many people saying that the weight of the jewellery is very important in knowing its price. The simple calculation will tell you that a piece of jewellery with more weight will cost more. This is true for both silver and gold. But the main question here is how we can calculate the weight of a piece of jewellery. The most important thing that you need to remember is that you have to use a very precise and accurate machine. Because we all know that every piece of jewellery contains a lot of value. Meaning by this is that if you did not use an accurate weighing machine you will get a very wrong price for your gold.
Therefore, a normal weighing machine will not be a useful thing while calculating the price of your gold. Calculating the weight of your jewellery is such a precise thing that many gold dealers even close the windows to eliminate the weight of the wind. If you can do this while calculating the weight of your gold it would be the best thing. Because it will eliminate any chance of error in calculation. Now let’s see how you can calculate the value after this.
Calculating The Price Of Your Jewellery
Now that you have both purity and weight of your gold it becomes a piece of cake to determine the price of your gold. The major reason behind this is that a genuine gold buyer near me uses only these two factors to calculate how much money he will have to give you. As you have already told you that the pure form of jewellery is considered 24 carat gold. Therefore whatever is the purity of your gold should be divided by 24. Now the other thing that needs to be keet in mind is that the standard weight of gold is 10 gram.
Therefore all the advertisements that you see on tv are for 10 gram of jewellery only. Therefore now you have to divide the weight of your gold by 10. Now the value that you got after this should be multiple with the current selling price of jewellery in the market. Doing all this will give you the rough value of the selling price of the gold in your hand. Now you are ready to go to the market with a price in your mind and should not receive anything less than it.
Sell Your Scrap Gold Too
People are always afraid that they will not get scrap gold. In these difficult times, it is always advise to not have any investment at your home lying idally. Therefore if you have jewellery in your home that you do not use or is scrap you should sell it right now. We already tell you in the above paragraph that the prices determine by purity and weight only. Therefore if you have scrap or old gold with you you will get almost the same price for it. The only price that will deduct from your scrap jewellery is its maintenance charges. Most of the time these maintenance charges are not that high.
The only thing that you need to keep in mind is he should contact his genuine scrap gold buyer Delhi NCR only. The procedure to calculate the rough value of your scrap gold is the same as you have mentioned above. The only thing that you need to do is reduce the maintenance charges. Even if you are not able to do it, a genuine gold buyer will do it for you without charging anything.
Best Time To Sell Your Gold
Determining the rough value of your jewellery is not enough if you are looking for the highest price. Because what really matters is the timing of selling your jewellery. If you go to the market right now you will find that the prices are really good. The biggest reason behind this is that global inflation has made people buy more gold. Whenever we see an increase in the cost price of gold it automatically means that its selling price will also rise. Therefore those people who are going to the market to sell their jewellery are getting a very good price right. But this does not mean that these prices will always remain high forever.
The cold restrictions are more or less over in almost all the countries. Therefore the supply chain crisis is now getting over and inflation is reducing. As the government has decided to reduce the import duty on gold, its Indian prices will come down too. Therefore if you want to sell my gold this is the best time for you to do it. Because it is always beneficial to sell your jewellery when the prices are high and not waiting or delaying the process.
The Best Cash for Gold Delhi NCR
We know that after reading all this you must be looking for the answer to that one final question. But many people do not realise that finding a true and genuine gold buyer is not that easy. This is why many people in the market end up selling their gold at a low price to a fake dealer. If you do not want to be one of those people really advise you to get in touch with cashfor gold and silverkings. They know for their latest machines and state-of-the-art techniques in determining the price of your gold.
This is why even though people have a lot of options. They still believe that contacting them is the best thing to do. As they have a functional website you can easily get to know all about their procedure and prices there. If you are still finding it difficult to get to know them. You can simply give them a call and they will solve all your queries. They have many physical stores of cash for gold Delhi NCR. That you can visit if you want to see all the procedures right before your eyes.
Final Words
If you do not know enough value of your jewellery. Then chances are high that you will get a less price for it. When it comes to gold the competition in the market is very high. And therefore you should not take any risk. The best way to always be sure about getting a good price is having proper knowledge about your jewellery. The best thing that you can do is have knowledge regarding the rough value of your gold. All you need to do is determine its purity and its weight. After determining its purity and its rate you need to divide it with the standard value of the jewellery.
After regarding you need to multiply it with the current selling price of gold in the market. This will give you better value of your gold. That you should be expecting from a genuine cash for gold Delhi NCR. We also know that it is a good time for you to send your gold right now. It is because the prices of jewellery are high because of global inflation.
We advise you to contact cashfor gold and silverkings and get the best price for your gold right now. So if you want to sell your jewellery to get the highest cash for gold Delhi NCR. Then contact us and get the highest price at your home without going anywhere.
