Sell Old Gold for Cash: Get Today’s Best Price for Old, Used or Broken Gold

The old gold selling rate today moves twice a day in line with the global bullion market and the Indian Bullion and Jewellers Association (IBJA) cycle. Your final payout follows a simple formula:

Selling Price = Net Weight × Purity Factor × Today’s Live Rate − Applicable Deductions

Purity is measured at the branch using non-destructive XRF testing, so your gold is never damaged during evaluation. Deductions cover only stone weight (returned to you), soldering, and minimal wastage – making charges from your original purchase are not subtracted again. Use the live rate widget below to see the old gold selling price today for 22K, 24K and 18K gold per gram.

Almost any form of physical gold qualifies as old gold for valuation purposes. Items accepted include:

• Sell old gold jewellery – necklaces, chains, rings, bangles, earrings, mangalsutras, pendants and any traditional ornaments. To sell old gold jewellery, simply bring the pieces to your nearest branch with valid ID.
• Sell broken gold – snapped chains, single earrings, dented bangles. Damage doesn’t reduce the gold content, so when you sell broken gold, the rate is the same as for intact pieces.
• Sell scrap gold – leftover gold from previous remakes, melted scraps, gold filings. To sell scrap gold of any condition, the same per-gram rate applies based on actual purity.
• Sell used gold – ornaments worn for years that are now out of fashion or no longer fit your style. To sell used gold, no special preparation is needed.
• Inherited gold – jewellery passed down through family, with or without original purchase records.

A rough payout estimate is straightforward to work out. Take your gold’s gross weight, multiply by the purity factor (0.916 for 22K, 0.999 for 24K, 0.750 for 18K), then multiply by today’s live rate per gram, and subtract a small deduction for soldering and wastage.

Worked example: Suppose you have 10 grams of 22K old gold jewellery. If today’s 22K rate is ₹6,500 per gram and the wastage deduction is 2%, your payout works out to: 10 × 0.916 × ₹6,500 × 0.98 = approximately ₹58,360. The exact figure depends on the live rate at the moment of sale and the actual condition of the jewellery.

For a precise estimate based on your specific weight and purity, use our gold price calculator – it pulls today’s live rate automatically and shows your estimated payout instantly.

Choosing the best place to sell old gold makes a meaningful difference to your final payout. The best place to sell old gold differs materially from a pawn shop or a local jeweller. Here’s what to check:

• XRF testing without melting – local jewellers and pawn shops often use acid tests or filing, which damages your gold and underestimates purity. XRF reads the gold content non-destructively in seconds.
• ISO 9001:2015 certification – standardised processes mean every customer receives the same transparent valuation, regardless of branch.
• Transparent deductions – every deduction is shown on the offer slip with the reason. No “round-figure” rates that hide cuts.
• Instant payment – cash, UPI or bank transfer on the spot. No “come back tomorrow” delays.
• No obligation to sell – you receive a final offer and decide. There’s no pressure or commitment.