Gold is an excellent investment option that people have been using for ages. This is because selling gold transforms into instant cash when in extreme need of money. Indian markets brim with jewellery shops where one can buy beautiful gold ornaments. However, when it comes to selling gold, the same shops shy away and are not very forthcoming. Therefore, when in dire need, people have no option but to look for gold buyers, who most of the time try to take advantage of the situation. Most gold buyers incur huge deductions in the garb of wastage charge, melting charge, and other costs. Helpless sellers end up paying almost 50 to 60% of their gold value in the name of such deductions. So, you may ask, how to sell gold? Is there a foolproof way? Well, don’t be disheartened, there is. It is highly recommended that one should keep in mind the following tips before selling gold to get the best price. ● Bill or invoice- It is best to have your original bill whenever you plan to sell your gold. This will avoid any conflict of interest such as the purity and authenticity of your gold item. ● Purity of gold- In case you don't have the original bill, always validate the purity of gold beforehand. Otherwise, jewellers can manipulate saying that your gold item is of poor purity. ● Gold worth- Remember while selling gold, you will only get paid for the parts that are in pure gold. To avoid any surprises later, it is best to know in advance the worth of your items. ● Gold rate- This is an important factor that determines selling your gold ornaments at a fair price. As the rate of gold keeps fluctuating, always determine the gold rate of the day when you plan to sell your jewellery. ● Reputable buyer- Of course, a gold buyer with high ethical standards and a sparkling reputation is your best bet. Check Google reviews, discuss with your family and friends, and browse the Internet well before settling down for a gold buyer. Unorganized gold buyers who still follow traditional practices can make the whole gold buying experience a hectic one. ● Years in the market- A distinguished gold buyer will have a legacy that stands on values of integrity, high-quality practices, and high customer satisfaction. A buyer who has earned the goodwill of his customers through years of honest work is always recommended. ● Shop around- You can try getting bids from multiple gold buyers before deciding where to sell. This will make you more confident and well aware of the gold buying process. ● Documents- Once you know where to sell your gold, just ensure that you have any of the following 2 documents that the gold buyer may ask for- 1. Pan Card 2. Aadhaar Card 3. Voter ID 4. Driving License 5. Passport In a nutshell, selling gold is a very personal matter and therefore, one should understand the importance of transparency and honesty. In this light, it becomes all the more important to research well so that any last-minute disappointments can be minimized. By reposing faith in Jewels Planet, one of the best gold buyers in Delhi, you are looking at: ● Full transparency in cash for gold process in Delhi/NCR. ● Instant Lab Report Certificate to check the purity of gold.. ● Smooth and fast gold selling process. ● Well-trained, professional, and highly courteous staff for the best customer experience. ● And most importantly instant payment against your gold.

If only selling your gold was as easy as buying it! This statement must have crossed your mind multiple times as the number of factors that could go wrong is truly endless. When you are about to liquidate your valuables, you are probably already in a precarious situation. That is the moment when small-time buyers try their best to trick you and look to make a profit out of your desperate situation. But you can really stay away from such unethical agents by keeping in mind a few simple tips in choosing the best gold buyer in Delhi. No matter what situation you are in, run your selected store through the following pointers.

1. Check their payment method before visiting

You do not want to find yourself in a situation where you kept your end of the transaction by handing over your gold but the buyer delays the payment process by citing unreasonable excuses. Whether it is through cash or cheque, you are entitled to get paid instantly after all the standard procedure is done, so that you can take care of your bothersome situation immediately. Go for those buyers who promise you spot payment, and that too, over any mode convenient for you.

1. Avoid discussing rates over the phone

If the gold buyer you are talking to insists on discussing price over the phone, hang up immediately and look for someplace else. As an informed customer, you must already know that the buying/selling rate of gold is ever-changing and the price you are entitled to today will vary tomorrow. Once you settle on a rate today, the seller will use it to their advantage if the rate rises tomorrow and you will have no way out. So, stick to gold buyers who refrain from discussing price over the phone and requests you to come down to their store instead.

1. Inquire about their testing and purity check processes

Now, your natural expectation is to get the exact cash equivalent for your gold and you will want your buyer to accurately weigh the valuables you took along and pay the price as per its exact purity. The era of beam balances and acid testing are gone. No modern gold buyer will resort to such vintage measures to weigh and check your gold. Look for outlets with digital weighing machines and computerised purity checkers so that you have the peace in your mind that you will truly get your deserved value.

1. See if they take gold in any form

Not everyone possesses gold in ornament form. You may have gold coins or bars or used gold that you inherited in some way. A proper gold buyer in Delhi will see your gold possession as it is, as a precious metal, and will not differentiate in the manner in which you bring it in. As long as it is not obtained illegally, authentic buyers will not turn you away and ensure a transparent and secure procedure to get you your cash equivalent. Enquire beforehand if your chosen buyer accepts the form of gold you have. You do not want to be left stranded after you arrive at the outlet.

1. Go through online reviews about the store

The best way to predict your experience at the store is to look into the experiences of the past customers of the outlet that you are about to visit. Such people will share genuine views as they do not have an ulterior motive to make a sale. If a number of customers have returned happy from the store, there is a higher possibility that you will end up with a similar outcome as well. Use the power of the internet. Check Google reviews of the outlet. It goes without saying that the brand with the highest number of positive reviews should top your list of choices.

Jewels Planet is one such gold buyer who offers you with the utmost ease of gold selling and eliminates all the undue hassles from the process. We do offer you spot payment. We also use German technology and instant computerised lab testing report to check your gold’s purity and give you the best return. Select the top gold buyer in Delhi and sell your gold instantly. It is your valuable and you do not deserve to face any complications.

Indians and gold have a deep connection. All-important occasions such as birth, weddings, birthdays, and anniversaries commemorate the buying of gold. It is in Indian heritage to pass this asset from one generation to another. It also forms a major investment goal.

Additionally, gold acts as financial security at a time of crisis. Selling gold for cash during emergency situations is a common scenario in India. People try to look at numerous avenues while trying to sell their gold. One understands the value of this prized asset when there is a requirement for urgent cash. Therefore, investing smartly in gold can be very helpful to reach your financial goals.

At this point, you might ask, is there a strategy that can help you buy gold? Of course, there is.

Keeping aside the traditional sentiment attached to the yellow metal, it would be great if you would invest in gold just like any other investment. It is best to categorize your goals, whether life goals or financial, in a proper timeline. Having a fair idea about your goals will give you clarity on how much you should invest in this asset.

You may think, is there a formula for how much of your total investment should you invest in gold?Let’s find out.

Selling gold for cash can be your best bait to pull you out of an emergency situation. However, financial experts recommend that your gold investment should not exceed 5 to 10% of your total investment amount. And, this clearly means that gold investment should never be your primary form of investment.

So, is there an opportune time when you should invest in gold?

Before deciding your strategy to invest in gold, one should know that the price of gold worldwide depends upon the US market rates.

We would like to mention an important point here. If you are seeking quick results, then the gold investment is not for you. One should understand that gold makes for one of the best long-term investment plannings.

To conclude, here are some quick tips for you-

The following smart pointers will help you make decisions while deciding to buy gold. You can use this gold later as an asset to reach your financial goals:

● Plan a clear-cut strategy both for your life goals and financial goals

● Invest in gold only if you are 100% clear about your financial aspirations

● Seek gold investment only as a long-term plan

● Gold investment should be only a small percentage of your gross investment plan

Are you in confusion, “Where to sell gold for cash in Karol Bagh?” Well, don’t worry! Look no further to sell gold for cash near me, because Jewels Planet is the right choice for you. With experience of more than 20 years, you will not get a better choice for selling your gold. If you are seeking to get the most reliable experience and best price against your assets, Jewels Planet is the ultimate place! Source

There are numerous reasons for selling gold. Most common is that it provides instant cash to handle an unforeseen exigency. Also, you might be planning something big for the future. You may be thinking of going on a vacation, planning a wedding, or taking up an educational course. If you are short of money then you can liquidate some of your gold assets and invest in your new plans.

It is natural that you will aim for the best place to sell gold. But how to know if you are truly getting what your gold is worth? Selling used gold is not easy. There are many roadblocks that you may encounter when you set out to sell used gold. Even if you are knowledgeable, there is a strong likelihood that you get duped by unethical gold buyers. Let us find out together how to navigate these treacherous waters and get the best price that you deserve.

One of the top considerations when selling your gold is to find a reputable buyer who offers cash for gold. Believe or not, finding authentic gold buyers in Gurgaon, Lajpat Nagar, Noida, or Ghaziabad is a baffling task. There are many names in the gold buying industry but not every buyer is certified and credible.

Choosing a reliable buyer who gives cash on gold is your first and most important step. Narrow down your research to the area where you are planning to sell your gold. Browse the internet by typing- buyers who give cash for gold in Noida or gold buyers in Lajpat Nagar, or sell gold near me. Your screen will be inundated with plenty of names. Choose a buyer who enjoys good ratings on Google and boasts of positive feedback online.

There are many more attributes that will help you in finalizing the most trustworthy gold buyer. The most important trait is their transparency and professionalism. You can check customer reviews online as well as on their website, to validate their authenticity.

Once you spot such a gold buyer, more than half the battle is won. Such esteemed gold buyers do not have any short-term interest. They have been in business long enough. Therefore, they do not harbor any wrong intentions to make a fast buck with your gold. Rather, they believe in sustaining long-term relationships with their clients.

They offer the optimum value for your prized valuables.

Moreover, they educate you about the buying-selling process by discussing the nuances of the trade so that utmost transparency is maintained. They carry out the whole buying-selling process in front of you. After that, the decision is entirely yours whether to go ahead with the deal or not.

There is no pressure on you to sell gold.

Such regarded business entities aim to make the gold selling process smooth and comfortable for you. Their honesty and fair policies are their unique selling point. Because they have meticulously built their reputation over the years, they never indulge in any fraudulent activities.

Such professional gold buyers offer you the best price, and with them you are in safe hands!

Gold is considered pious in India. It has been associated with the likeliness of Goddess Lakshmi, the deity of prosperity and wealth. Buying gold commemorates auspicious functions and celebrations. No doubt, pledging gold does not go too well with Indian community.

Gold is also a prized heirloom which is passed from one generation to another as a mark of family legacy.

Also, the skyrocketing prices of this metal make it a safe bet against odd times. Be it a medical emergency, financial crisis, business requirement, one can pledge gold to bail out of a perilous situation.

With changing times, the concepts of people have also changed. Pledging gold is no longer considered unacceptable. However, whether one should pledge gold or not is still a debatable topic. 

Pledged Gold Vs. Instant Payment Against Gold

People realise that gold can be used as a security to meet their urgent cash requirements. There is no doubt that gold loan market is soaring today. Most banks as well as NBFC’s provide a loan against gold. But, the heavy amount of interest levied on pledged gold is a major deterrent. One may even lose their gold if the interest amount is not paid on time. For this reason, it is recommended that one opts for getting cash against gold after getting a proper evaluation of their gold.                                                                                

Modern Outlook

With more and more people becoming educated and modern in their outlook, the inhibitions associated with selling gold for instant cash are being shunned. In urban dwellings, people prefer getting instant payment against their gold items. The idea of mortgaging their gold assets with banks or local jewellers does not go too well with their mindsets; they do not want to get entangled in the web of surmounting interest.

Hard Earned Saving/Investment

Many of us buy gold as an investment against a potential financial crunch. No wonder, we put our hard-earned income into it. Pledging gold at the times of need is an option but not really recommended as the process entails lot of complications. As a customer, even if you are being offered lucrative interest rates by the creditor, it is not in your interest to get trapped in the web of accumulating interest of pledged-gold. Moreover, credibility of the creditor is a concern too. Many a times, one may get cheated at the hands of creditor and end up paying huge interest against the pledged gold. 

Financial Literacy

As a customer, one must understand the concept of gold-pledging clearly. The poor segment can be easily lured into the concept without actually understanding the underlying clauses of the process.

Sound financial literacy is required to be able to understand the technicalities involved in the process. Otherwise, it may pose a serious risk to the customer as it would be difficult to regain the pledged gold in case of a default. There are hidden charges, late-payment charges and many intricate obstacles that can torment you with a life long stress.

To summarize, it is suggested that in today’s scenario, you should not burden yourself under the load of ever-increasing interest of pledged gold. You should rather take a pledge to come out of a financial crisis by getting instant payment against gold by evaluating your gold for highest price.