Wednesday 13 January 2016

Things to know before selling your gold jewellery

It is very often seen in India that when in dire need of cash, people turn to monetising their gold holdings- especially jewellery. In most cases, it has been observed that money encashed on selling gold tends to be much lower than one's expectation. Stock Market Trading Tips

A good jeweller will always ask for the purchase document or invoice when you go to sell jewellery. If you are heading to the same shop from where you brought the piece, years before; incase of any disputes regarding purity etc, the retailer won't be in a position to contest, as the details of the same will be clearly stated in the bill of purchase.  Himanshu Tiwari Astrologer Blog

It is very important to have a proper understanding of the worth of gold that you are intending to sell. For this reason take quotes from multiple stores. Since there are no standardized methods which can be used to determine the sell price, there can be quiet some difference between the quotes procured. Get atleast three to four quotes, such that one can fully appraise the value of the jewellery and settle for the highest price possible for the piece you are parting with. Financial Astrology
Before you sell, check if your jewellery is hallmarked or not. Hallmarking establishes the purity of gold jewellery. Any jewellery that bears a 916 hallmark means 91.6% purity of gold for 22 carat gold. Jewelers would anytime prefer a 916 hallmarked gold than a non-hallmarked gold as there is no authenticity of its purity. Personal Numerology
Now for the jewellery that is not hallmarked, take it first to a store which has a carat meter, which establishes the purity of gold. Incase, you want a neutral ground, if you are a Mumbai resident, one can avail the services of Bombay Bullion Association, located at Zaveri Bazaar. Post testing the gold ornament, a certificate with the details regarding proportion of various other elements (silver, copper etc) other than gold in that jewellery    Indian stock market astrology prediction

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