Please note, we do not buy / exchange old gold. This guide is only provided as a reference for the customer to calculate an approximate value of their old gold.

There is a very simple & affordable formula to calculate the Value of Old Gold Jewelry

• Take it to a Gold testing or assaying lab & have it tested for purity.
• The lab will give you a test report which will state the accurate weight of the sample & its purity in percentage or karats.
• If you are using the karat purity
  
  Value of Gold in the sample = (Weight of Gold x Purity of Gold x Rate of Gold today) / 24
  
  
• If you are using percentage purity
  
  Value of Gold in the sample = (Weight of Gold x Purity of Gold x Rate of Gold today) / 100
  
  
• Example, let's say the sample weighed 10 grams with a purity of 18 Karats (75%) & rate of gold today is ₹ 5,000 per gram
  
  Value of Gold Today (using karat purity) =  10 x 18 x 5,000 / 24 = ₹ 37,500 only
  Value of Gold Today (using percentage purity) =  10 x 75 x 5,000 / 100 = ₹ 37,500 only