5 Top Things to Keep in Mind Before Exchanging Gold

Gold is a highly sought-after commodity. It adds shimmer to any outfit but more importantly it is so ingrained in Indian society; there are even religious customs where gold is utilized.  Gold is so precious family's even passed down gold from generation to generation. Considering how important a role Gold plays in our lives, it is prudent to trade-in gold just to improve its life span and heartiness. 

Exchanging Gold is a Great Idea! 


Trading gold is always a good idea, especially if you have old adornments lying in your bank locker. These pieces are doing nothing but collecting dust waiting for the next special occasion.  Sometimes, it’s good just to trade these pieces in for a redesign or a customary cleaning. Along these lines, if you have been considering to trade your old gold for the latest designs, here are some tips to make your trade hassle-free.

• Check for Purity Level

Gold jewellery is analyzed according to the three fundamental elements: carat, weight, and structure. The carat of a bit of gold indicates its level of purity. Before you sell gold, it's fundamental to check for this value. The value of gold is based on its karat framework.  This value is determined by a 24-point scale.

• Current Gold Rates

You should have information regarding the current rates of gold. Along these lines, requesting quotations from several shops is prudent. Usually, jewellers will quote a price that is 10-20 lower than the actual cost of your piece. Praadis Jewellers ensures to provide the very best value for your gold. 

• Original Invoice

It is prescribed to convey the original invoice of the jewellery you wish to sell. This will guarantee that you are not tricked while the gold is being gauged, as the first weight of the piece will be referenced in the receipt when you obtained it. 

• Exchange Unadorned Gold

Make sure not to exchange gems along with your gold jewellery. It is prudent to trade gold without any valuable stones before trading them. This way no one can undervalue the piece of jewellery.  

• Visit a Reputed Jeweller

It is smarter to exchange your gold adornments with a well-reputed jeweller as it increases the odds of getting a fair trade-value for your gold. Praadis Jewellers, is a global provider of fine gems and jewellery for many years and more importantly is licensed and transparent in their business dealings. Trust is always the cornerstone of all our customer relationships, not just gold valuations.

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