Old Gold Exchange Process
We ensure a transparent, accurate, and trustworthy method to evaluate and exchange your old gold. Here’s how the process works:
1. Melting in Front of You
All old gold—whether hallmarked (24K, 22K, 18K) or non-hallmarked—is melted in your presence. This eliminates surface impurities and prepares the gold for a precise purity test.
2. Purity Check
Once melted, the gold’s purity is tested using a certified Karatmeter, which determines the exact karat (e.g., 24K, 22K, 21.5K, etc.).
3. Valuation
After purity testing:
• The net weight and tested karat are calculated.
• The value is determined using the current market rate.
• No rate cuts or hidden deductions are applied. You receive full value based on actual purity.
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Important Note on Non-Hallmarked Gold
To align non-hallmarked gold with hallmarking standards, a standard refining wastage is applied.
This accounts for the expected loss during purification, which is necessary to bring the gold up to pure hallmark quality for future productions.
No rate reduction is ever made.
A. K. Jewellers
SHIBRAMPUR, KOLKATA-700061, WEST BENGAL, INDIA
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