As we all know that our Jewellery can make us really rich if we know who we should sell it to. Many may find this question really simple as they think that they can sell it to anyone who is willing to buy it. This is where many people go wrong and end up selling their Jewellery at a very low price. This is why it is important to know who would give you the best price for your gold and who you should sell gold in Delhi NCR.
In this article we will have a quick look at a few of the places where people think that they can sell their gold. We will also tell you why it is such a bad idea and why you should always refrain from selling your gold to them. We would also see where you can sell your jewelry so that you can make the maximum profit.
The two main major places where people love to sell their gold other than a Jewellery buyer are banks and jewellers. At first glance the choices might look very good, but there is more than meets the eye.
You must understand that banks are not the first choice for people who are looking to buy Jewellery. Nevertheless, banks also issue gold coins that can be bought by anyone. The first problem is that they come with a long KYC form and many other formalities. The second thing is that the gold that they use is very pure. Most of the time, they import it from countries such as Switzerland. This is why they charge a higher price for their Jewellery. Also, you cannot sell their Jewellery to them as the Reserve Bank of India has not authorised them to buy gold.
These jewellers are best at duping people whenever they approach them to sell their jewellery. This is because, just like banks, they are also not authorised to buy Jewellery for cash. This is why they can only exchange your jewelry with another jewelry. Even if they go out of their way to buy your jewelry, they will give you a very low price for it. So a knowledgeable seller would never sell their Jewellery to a jeweller.
As you saw, selling your jewelry is not that tough, all you need is the information regarding the right purchaser in the market. Now that you know who to approach, we hope that you will not make any loss while selling your precious Jewellery. If you are still in any doubt, Cashfor gold and Silverkings is always ready to help you.