Chennai · 20 August

Old gold exchange value

What a jeweller is likely to pay for old jewellery once melting loss is deducted.

g

Purity

Rate used · ₹14,594 / g

%

Chennai shops usually deduct 5% to 15% for melting loss

Metal value
₹1,45,940
Less deduction
− ₹11,675
You receive
₹1,34,265

An estimate. Shops differ on deduction, and some pay less for jewellery bought elsewhere. Ask for the deduction in writing before handing anything over.