Top 5 Mistakes to Avoid When Selling Gold Jewelry
Selling gold jewelry can be a smart way to get instant cash during urgent financial needs. However, many people end up losing value because of a lack of knowledge or by trusting the wrong buyers. At True Gold Company, we believe in complete transparency and want our customers to get the best price for their gold in Bangalore.
Here are the top 5 mistakes you should avoid when selling your gold jewelry.
1. Not Checking the Purity of Your Gold
Gold is valued based on its purity, measured in karats (e.g., 22K, 18K). Many sellers walk into gold shops without knowing the purity of their jewelry, which leads to underpayment.
✅ Tip: Always ask for a purity test with a certified machine (like XRF testing) before selling. At True Gold Company, we offer free purity checks in front of customers.
2. Ignoring the Current Gold Market Price
Gold rates fluctuate daily, and selling without checking the day’s price can cost you a lot. Some buyers may not follow the official market rate and offer less.
✅ Tip: Check the current gold price in Bangalore online before selling. We update our rates daily so you get accurate value.
3. Falling for Hidden Charges or Deductions
Many gold buyers add unnecessary melting charges, wastage, or commission fees, which reduce the final amount you receive.
✅ Tip: Choose a buyer who guarantees zero hidden charges. At True Gold Company, what you see is what you get—full transparency in every transaction.
4. Selling to Unverified or Unlicensed Buyers
Trusting local pawnshops or unauthorized buyers can put your gold at risk. Once sold, recovering your jewelry or disputing unfair payments becomes difficult.
✅ Tip: Always sell to a licensed gold buyer in Bangalore with a trusted reputation. True Gold Company is recognized as one of the most reliable gold buyers in Rajajinagar.
5. Not Exploring the Option of Releasing Pledged Gold
Many people sell their pledged gold at a loss, without realizing they could release it from banks or pawnbrokers and then sell it at a higher market value.
✅ Tip: Consult experts who can help you with gold pledge release services. At True Gold Company, we assist customers in clearing pledged gold and getting maximum returns.
Final Thoughts
Selling gold jewelry doesn’t have to be stressful. By avoiding these mistakes, you can ensure a safe, transparent, and profitable transaction. At True Gold Company, we provide free purity checks, daily updated gold rates, and honest service to give you the true value for your gold.
👉 Looking to sell your gold today? Visit us in Rajajinagar, Bangalore, for a hassle-free and trustworthy experience.
