Have
old gold to sell for cash? Need money immediately for you gold? Then, opt for Cash For Gold services. You will get money instantly. Only time will be for
testing the purity of your gold. While opting for such services, there are some
things related to this trade that you must understand. It helps save time and gets
you more money.
The
following are some are the things to know when going for cash for gold
services:
#1 Selling Non-Hallmarked Gold
Trying
to sell non-hallmarked gold wastes your time. The service providers will take
time to check for impurities. Often, a certain percentage of gold in
non-hallmarked gold is impure. This is a big problem in India. That is why you
should always buy gold with hallmark of Bureau of Indian Standards.
#2 Not Being Present For Tests
Many
cash for gold service providers are genuine and provide authentic service.
There are others who try to cheat. It is especially done while testing for
purity. Make sure that purity tests are done right in front of you. Otherwise
you will lose your money. It would help if you have prior knowledge on various
quality standards for gold. Avoid getting cheated by making yourself
knowledgeable and asking for a purity test in your presence.
#3 Stones Do Not Count as Gold
While
selling your gold jewellery for cash, remember that stones in the jewellery are
not counted as gold. The money you get will only be for the gold in the
jewellery. And, if you are expecting to receive money at par with your
purchasing amount, forget about it. During purchasing, jewellery cost includes
making charges. When selling, you will get an amount for the quantity of gold
in the jewellery.
#4 Bullion Rate
The
amount of money for your gold is decided upon the existing bullion rate. It is
the trading rate of 10 gms of gold for a day. This rate keeps changing every
day. It is advisable to know this rate on the day of selling. Newspapers are
the best offline sources for knowing this rate. Or else, you can get authentic
information on rats from various websites.
#5 Identifying the Best Service Provider
Best
cash for gold service provider will be the one who is willing to accept even
small quantity of gold. They undertake tests immediately in your presence and
provide accurate data regarding your gold. The amount will be based on the
bullion rate for the day and the payment is done immediately. Know about the
service provider you chose before making the sale. Seek authentic reviews and finally,
make the deal.
If
you have more queries regarding cash for gold services or want to sell your
gold, visit us now.
