⚠ Old Gold Exchange Checker

Is Your Store Cheating
You on Old Gold?

Most jewellers offer only 80–85% of actual gold value when you exchange old jewellery. Enter the details below — we'll tell you exactly what your gold is worth and whether the offer is fair.

15–20%
Average loss on exchange
₹3,000+
Lost per 10 grams typically
95%
Fair exchange rate
24K:Loading…
22K:
18K:
14K:

Exchange Value Calculator

Enter your gold details and the price the store is offering you

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Analysing…
Detailed Breakdown
Jewellery Type
Gold Weight
Purity
Today's Gold Rate
Actual Melt Value (100%)
Fair Exchange Value (95%)
Industry standard — 5% for melting cost
Minimum Acceptable (90%)
Below this = you are being underpaid
Store's Offer
You're Losing
Saheehisab Offers You

Visual Comparison

Actual Melt Value (100%)
Fair Exchange (95%)
Saheehisab Offer (93%)

What Should You Do?

✓ Better Deal Available
Saheehisab Exchange Offer
We offer 93% of melt value — better than most stores.
Exchange your old gold with us and use the value for new jewellery.
Instant valuation
🏅BIS certified testing
💎50% off making on new jewellery
📱Transparent calculation

⚠ 6 Common Tricks Jewellers Use on Old Gold Exchange

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Wrong weight scale

Some stores use scales that read 10–15% less than actual weight. Always ask them to weigh in front of you and verify on a certified scale.

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"Wastage" deduction (20–30%)

Stores deduct "wastage" for melting — but industry standard is only 3–5%. Anything above 10% is excessive and you should walk away.

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Using yesterday's (lower) gold rate

Always check today's live MCX gold rate before going for exchange. Some stores use rates that are 2–5 days old, especially when rates are rising.

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Ignoring stones value

If your jewellery has diamonds, rubies, or other stones — the store will often give you zero value for them saying "we can't resell them." A fair buyer should offer something for good quality stones.

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Purity downgrading

Your 22K jewellery gets tested and suddenly becomes "21K" or "20K." Always insist on the purity certificate (BIS hallmark) and test at a certified facility.

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Forced exchange only (no cash)

Many stores only give exchange value (not cash), then make you buy new jewellery immediately with high making charges — so you lose twice. Always ask if you can get cash or credit note.

How Gold Exchange Works

Understanding the process protects you from being underpaid

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Melt Value = True Value
Your old gold is melted and refined. The melt value = weight × today's gold rate. This is what your gold is truly worth. Everything else is negotiation.
What is a Fair Exchange?
A fair exchange is 92–95% of melt value. The 5–8% covers legitimate melting, refining, and handling costs. Anything below 90% means you're being underpaid.
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BIS Hallmark = Your Protection
Always exchange BIS hallmarked jewellery. 916 = 22K, 750 = 18K, 999 = 24K. Hallmarked gold cannot be disputed for purity at a certified centre.
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Best Time to Exchange
Exchange when gold rates are high — you get more money. Avoid exchanging just before Dhanteras/Diwali when stores manipulate local rates down while buying and up while selling.
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Always Get a Receipt
Insist on a written receipt showing weight, purity, rate used, and final amount. No receipt = no proof if there's a dispute later.
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Compare 3 Buyers
Never accept the first offer. Get quotes from at least 3 different buyers — including banks, certified bullion dealers, and trusted jewellers like Saheehisab.