Selling Old Gold in Rajajinagar? Here’s What Sellers Don’t Tell You
Selling old gold can be a smart way to unlock cash from unused jewelry, coins, or ornaments especially when gold prices are high. But here’s the truth: most people don’t know what really happens behind the counter when you walk in to sell your gold.
If you’re based in Rajajinagar, and planning to sell gold in Bangalore, this blog is your essential read. We’ll uncover the common practices sellers don’t talk about, and how you can make sure you get the maximum value for your gold.
1. Not All Buyers Pay Based on Live Gold Rates
Many gold sellers advertise “market price” payouts but may not actually match the current day’s live gold rate. Some may even offer a rate based on 22K while testing your gold at 18K or lower, leading to reduced payouts.
What to do:
Always check the day’s live gold rate online before visiting a buyer. Reputable gold buyers like True Gold in Rajajinagar display transparent pricing, both online and in-store.
2. Purity Testing Isn’t Always Transparent
Your gold’s purity determines its value but many sellers won’t show you the testing process. Some may even estimate by weight without proper purity checks, leading to lower payments.
What to look for:
Choose gold buyers that offer BIS-approved, machine-based purity testing in front of you. At True Gold, every piece is tested with advanced XRF machines, and customers are shown live results.
3. Hidden Deductions Can Eat Into Your Final Payout
Did you know some sellers apply melting charges, handling fees, or wastage deductions — often not mentioned until the last moment?
Ask upfront:
- Will there be any deductions?
- Is the weight taken before or after melting?
- Is your gold damaged or altered in any way?
With True Gold in Rajajinagar, what you see is what you get — zero hidden charges, no melting required unless necessary, and instant payouts.
4. You Might Get a Better Deal by Exchanging Instead of Selling
If you’re planning to buy new jewelry soon, consider exchanging old gold instead of selling it for cash. Many jewelers offer added value or discounted making charges on gold exchange.
Tip: Ask the seller if they offer exchange bonuses or buyback guarantees.
5. Bills and Hallmarks Matter — But Many Sellers Won’t Tell You
Some buyers devalue non-hallmarked gold or refuse to buy without bills, even though experienced sellers can still test and verify the purity.
Don’t worry if you don’t have a bill — reputable gold buyers like True Gold Company accept old gold without original invoices, and they still offer fair value based on weight and purity.
Why Rajajinagar Residents Trust True Gold for Selling Old Gold
Selling gold is not just a transaction — it’s a matter of trust. And in Rajajinagar, True Gold has built a strong reputation for:
- 100% transparent valuation process
- Instant cash or digital payments
- No hidden charges or unfair deductions
- Genuine customer reviews and return buyers
Whether you have a single gold chain or heirloom jewelry, True Gold Company ensures you walk out feeling respected and valued — not shortchanged.
Final Thoughts
Selling old gold can be profitable but only if you understand the hidden truths behind how many sellers operate. Be smart. Compare rates. Ask questions. And most importantly, choose a trusted gold buyer in Rajajinagar like True Gold, where honesty and value go hand in hand.
