Selling old for the customer is common practice in India where people can convert the gold into money. In the Indian markets, it can be offered in may option to buy and sell the ornaments. It can become o the bank by selling the gold bullion bars or the coins for the people.
They can never buy it to be back to them. So ultimately it has no option to sell the gold. The gold can be sell though jewel smith or for the craftsman can take the advantage for every situation and deduct the amount for the wastage charge and the melting charge.
This result can be paying 60 to 65 percent for the value of gold and it is not worth or the manner for the customers. It can be observed the money as a case on selling the gold that leads t the disappointment if you cannot make a research for the following. Sellers can know about how to sell gold in market.
A true seller can always try to ask to present the original bill when selling the gold. this can help in avoiding the conflicts for the interest as the purity of the ornament and it is specially mentioned in the bill. Cash for gold makes it impossible for the jewelers for anything or everything about the purchased gold to be standing in the bill.
Worth of gold
There is no standardized method to get to know for the exact selling price of the gold. It can be advisable to sell your gold at to the right seller.
You have to check the quality of the purity to make the ornaments to have the hallmark sign with the 24-carat gold. If the jewelry may be 916 hallmarks then it should be the gold of 916 percent old for all the others and it can be mixed with the alloy to make the ornaments out of it. So the jewelers can be manipulated for its purity.
You have to confirm with the final gold price jewelers to have with the different methods to check the purity for the gold with the acid test , electrical conductivity test. some of the jewelers can melt the ornaments and filter the cash for gold to determine the quality like acid test, electrical conductivity. So some of the jewelers can know how to sell gold and melt the ornaments and filter the gold to determine the purity and the weight.