How to Check the Purity of Gold

The value of the gold is measured in Karat system with 24 point-scale is considered as highest value with 100% pure gold. Gold ornaments with 12 Karat considered as 50% pure and only gold bar and coin comes with 24 carat i.e. 100% purity. Rest of the ornaments manufacture in 22, 20, 18, 16, 14, 12, etc carat and mixed with silver, copper or iron to make it strong, tighten and durable ornaments.

There are basically three ways to check the purity of gold before buying: acid test, electrical conductivity and XRF technology.

First, the acid test is one of simple way to test the purity of gold. The acid test kits typically come with multiple black touchstone and acid solutions. The expert gold tester starts to rub the black touchstone on gold which leaves a streak on the stone, and then it will make a parallel control streak using a piece of known gold which confirms the gold purity.

Second type, the gold jewelers use to identify the purity is electrical conductivity. Jewelers use this technology to get the quality and purity of gold using specific gel or liquid by creating a circuit between the device’s probe and gold.

Third test, the above two methods does not give more accurate purity of gold and chances of loss of gold also exist. So, the Kash4Gold uses the third method of gold purity checking before buying it because it not only gives more accurate purity of ornaments but there are also no chances of loss of gold during the checking process.

Kash4Gold uses the XRF technology used German made purity checking machine which shows the 100% accurate results with no loss of gold. This machine sends radiation through gold which X-ray fluorescence spectrometers (XRF) detects and reads to determine the quality and purity of ornaments.

Process to Buy the Gold and Silver Jewellery

The first step when a customer wants to sell the gold, silver, diamond or any other jewelry, just make a call on +91 79909 21166, or directly visit of our branch, One of Kash4Gold customer representative will be waiting to speak to you and answer any queries you may have regarding selling or releasing pledged gold jewellery. In case, customer has to release the gold loan you within half an hour anywhere in Vadodara, first then have to buy back, our Kash4Gold representative with valid ID card will contact with required amount to release gold and in the end, we will buy the same gold after checking the purity of gold at our branch.

We would request you to be ready with following documents

• Original ID proof and photocopy
• Original address/residence proof and photocopy
• One passport size photo

Process of Evaluating Gold Purity and Weighing

• The next step in the process of buying your gold jewellery involves determining the purity of gold or other jewellery and its weight through XRF technologies German made machine.
• We ensure you that we give best price every time.
• We believe in complete transparency so we check the purity and weight of gold jewellery right in front of customer. We use German made purity checking machine which gives the more accurate purity of your gold.
• does not melt or break any gold or silver items to check the purity of ornaments.
• After checking the purity and weighing the gold jewelry, we inform the customers about final amount of their jewels after deducting our 3% Kash4Gold Gold fee to complete the process.
• If customer is happy with the amount, we pay the instant spot cash for jewels otherwise returns the gold without melting and damaging.

Sell Gold, Silver & Diamond Jewellery

Reason to Sell Your Gold, Silver to Kash4Gold

• We give you the best price of your jewellery
• Check the purity of gold by German made purity checking machine
• We follow the complete transparency in checking and weighing the gold. We check and weigh the ornaments right in front of customer
• We don't melt any precious metal, in-case you are not happy with price we return your jewellery without damaging
• Offer price based on the purity of Gold
• Pay immediate cash against your gold, silver jewelry
• Cash, Cheque and NEFT/RTGS (online) transferred service available

Know Process before Selling Gold Jewellery

It is a very common practice in India that people tend to monetize their gold jewellery in dire needs of cash.

In India, we have lot of options available to buy any ornaments and same when it comes to pledge our gold, but when the situation arise to sell your scraps for any reason, may be to fund your children fee, buy a new flat/plot or for buying new ornaments the available options are very limited and are not transparent. Banks sell the gold bullion, bars or coins to individuals but they never buy back from them. So people have no choice but to sell their gold to the craftsmen or jewel smith. They take the advantage of situation and deduct the hefty amount as wastage charge, melting charge, etc from customers and pay the maximum 60-65% of gold value which is not worth at any manner for customers.

It is observed that money en-cash on selling gold leads to disappointment if you do not research following things properly before selling gold

1. Purchase Bill (Invoice): A genuine jeweller always asks you to produce the original bill while selling the gold. It also helps you to avoid conflict of interest as purity of gold is clearly mentioned in the bill so, it is impossible for the jewellers to go on denial mode as the details of purchased gold would be clearly stated in the original invoice.

2. Worth of Gold: Take the quotes for your gold from multiple jewellers before selling. Since there are no proper standardised method to determine the selling price by jewellers. It would be good to take the quote from at least three to four jewellers before disposing off and compare which one is offering the best value for your ornaments.

3. Check Purity: Check whether your ornaments are hallmarked or not as only gold bar and coin comes in 24 carat. Ornaments come in 22 carat or less purity. If your ornaments are 916 hallmarked then it is confirmed that your gold has 91.6% gold and rest is mixed with alloy to make it ornaments. Since the gold has no hallmarked it means that jewellers can manipulate you for low purity; to avoid these embarrassment, you can visit any store which has purity checking carat meter machine to get purity certificate.

4. Confirm the Final Gold Price: Jewellers use many methods to check the purity of gold like, acid test, electrical conductivity test or XRF test. In first two tests, there are high chances that you may lose some percentage of gold in process of checking the purity. Some jewellers also melt the ornaments and filter the gold to determine the purity and weight but again it is a loss if you are not happy with purity and weight of your melted gold.

You need to visit a store which uses XRF technology to check purity as it gives accurate purity without losing a single gram of your jewels.

5. Sell the Gold: The best option to sell your gold jewellery is the store from where you have purchased it because they will give the rate for same purity at which they have sold.

Otherwise you can go to a reputed jewellers who checks the purity of ornaments through XRF machine and offers the highest rate among all you have enquired before selling it.

How?

Jewel smiths make the Profit of jewelry by charging amount ranges from 10.00% to 30.00% depending on the brand name of the makers. So when people sell their second-hand gold, diamond, silver ornaments, they are forced to pay the making charges and it varies from 10% to 30%. So selling ornaments to a jewel smith ends up with huge amount loss for making and melting charges to the customers. Some of the chaotic pawnbrokers and jewelers straight away reduce Rs. 100 to Rs. 400 per gram often apart from wasting charge and pay you the remaining money which is again a loss for the people!! We at believe in the mantra is “Right Valuation for Your Jewellery is Your Right”. We are India’s first professionally running precious metal exchange company and we have received ISO 9001:2008 certificate for quality and we use the most modern German XRF purity checking technology. With the help of this, we offer the best value for your jewellery which you are about to sell.

Procedure To Sell Gold Ornaments

Following are the two ways to sell ornaments to us

1. If You Hold Physical Jewellery/Precious Metals to Sell

• Bring your ornaments to our branch which you want to sell us
• Original bill of the ornaments (If Available*)
• Your original valid ID proof (PAN Card/Adhar Card)
• Latest original residence proof
• Passport size photo

If customer holds pledged gold in banks, pawn shops or Financers and want to sell after releasing

Please give us Call on +91 79909 21166 and our Customer Support Executive will help you in fixing your doubts. We are available from 11.00 AM To 07.00 PM to help you.

or

Visit of our branche with the following documents to understand the feasibility

• Bring your original Pledge/Pawn ticket
• Original Valid ID Proof (Original to be shown)
• Your latest Address Proof

Procedure to Check Purity and Buy Gold

• Fill up the complete form in full, which is a regulatory requirement and hand over the documents(ID Proof address Proof and Photograph)
• We will check the documents submitted by you and once its approved, hand over the ornaments
• We use the German made Purity checking machine which uses latest XRF technology to determine the purity of the ornaments
• Our staff will weigh the ornaments to your satisfaction and reduce stone weight based on the actual stone weight
• Customers has to give written declaration for removing or melting stones in worst case to determine the actual weight.
• Based on the purity percentage, We will determine the gross value of your Gold.
• Kash4Gold Gold offers the best price for your ornaments.
• You will be given an estimate showing the details of assessment. Once the customer is satisfied with the estimate, payment will be made as per customer’s choice**.