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⭐ India's No.1 Gold Buyer · 25+ Years

Sell Your Gold,
Get Instant Cash.

Best rates. Zero deductions. Walk in with gold, walk out with cash in minutes. Transparent XRF testing, no surprises.

25+
Years of Trust
3L+
Happy Customers
₹500Cr+
Gold Purchased
100%
Transparent Testing
Sell gold for instant cash in Chennai
Today's Gold & Silver Rate in Chennai  · Updated 25 Aug 2026, 4:24 AM
24K Gold / gram
₹16,375
22K Gold / gram
₹15,010
18K Gold / gram
₹12,281
Silver / gram
₹265

Reference rate shown above. Your exact price is confirmed after live purity testing at our branch, get a free valuation.

Trusted by Lakhs
Across Chennai

No Service Charges
No Processing Fee
No Percentage Deduction
No Take Over Charges
98%
of Market Value · Paid to You
3L+
Customers
25+
Years
4.9★
Rating
Instant Cash for Gold Certified Valuators Best Rate Guaranteed No Hidden Charges All Karats Accepted Old Jewellery Welcome Gold Loans Available BIS Hallmark Partner Instant Cash for Gold Certified Valuators Best Rate Guaranteed No Hidden Charges All Karats Accepted Old Jewellery Welcome Gold Loans Available BIS Hallmark Partner

Everything Gold,
Under One Roof

Buy old gold jewellery in Chennai

Buy Old Gold Jewellery

Necklaces, bangles, rings, chains, earrings, we buy all types at top market prices, regardless of condition.

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Sell gold and silver for instant cash

Sell Your Gold & Silver

We provide a safe, transparent, and reliable service for selling gold and silver at the best market value.

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Release pledged gold and silver

Release Your Gold & Silver

Turn your unused gold and silver into instant money with our trusted and transparent buying service.

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Sell gold coins and bars

Gold Coins & Bars

Bank-issued, temple, and foreign coins, all purchased at best premiums without any deductions.

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Free gold valuation service

Free Valuation

Walk in for a completely free, no-obligation certified valuation from our expert team any time.

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Door step gold buying service

Door Step Gold Buying Service

Our expert team will visit your location, check the purity of your gold, and provide the best market price with instant payment.

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Get Your Free
Gold Valuation

Fill the form or call us at +91 78451 45199

Instant Cash for Gold Certified Valuators Best Rate Guaranteed No Hidden Charges All Karats Accepted Old Jewellery Welcome Gold Loans Available BIS Hallmark Partner Instant Cash for Gold Certified Valuators Best Rate Guaranteed No Hidden Charges All Karats Accepted Old Jewellery Welcome Gold Loans Available BIS Hallmark Partner

Contact Us Today to Get the Best Value for Your Old Gold

📞

Call Us

+91 78451 45199

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Our Location

5/55-c, Valluvar Salai,
Ramapuram,
Chennai - 600089

Trusted by Real People

Very transparent! They showed me the XRF reading live and gave me a price better than two other buyers I had visited. Walked out with cash in 10 minutes.

P
Priya Subramaniam
Chennai
★★★★★

Needed money urgently for a medical emergency. Within 20 minutes of walking in, I had ₹2.4 lakhs in my account. No hassle, just honest service.

R
Ramesh Iyer
Chennai
★★★★★

Three generations of our family have been selling gold here. The rates are always fair and the staff treat you with real respect. Highly recommended.

S
Saranya Krishnan
Chennai
★★★★★

How to Sell Your Gold in Chennai

Selling gold with Instant Money Gold takes four simple steps, whether you walk into our Ramapuram branch or request a door-step visit.

01
Bring or Show Your Gold
Walk into our branch with your jewellery, coins or bars, or book a door-step visit if travel is difficult. No appointment is needed for a walk-in.
02
Live XRF Purity Testing
Our certified team tests your gold's exact purity using XRF (X-ray fluorescence) technology, right in front of you, no acid tests, no guesswork, no back-room checks.
03
Transparent Price Quote
Your price is calculated from the verified pure-gold weight and the day's market rate, up to 98% of market value, with zero service charges or hidden deductions.
04
Instant Cash Payment
Once you agree to the price, get paid immediately, in cash or straight to your bank account, the same visit, no waiting.

What Determines How Much You Get for Your Gold

Three things decide the price you're offered, nothing else. Understanding them helps you know exactly what to expect before you walk in.

Purity (karat)
24K is pure gold; most Indian jewellery is 22K or 18K, mixed with other metals for strength. Higher purity means a higher price per gram.
Net gold weight
Stones, enamel work or other embellishments are weighed and excluded before pricing, so you're paid only for the actual gold content, verified in front of you.
The day's market rate
Gold prices move daily. Your quote is always tied to the current day's rate, not an outdated or arbitrary figure.

Design, brand, age of the piece, or where it was originally bought make no difference to the payout, only verified purity and weight matter. That's why our pricing is the same whether you bring a modern piece or a decades-old family heirloom of equal purity and weight.

Common Questions About Selling Gold

How is my gold's price calculated?

Your price is based on three things only: the karat (purity) of your gold, the verified net weight of pure gold once any stones or embellishments are excluded, and the current day's market rate. We test purity live using XRF technology and show you every step of the calculation.

Is Instant Money Gold safe and trustworthy?

Yes. We have been buying gold in Chennai since 1987, serving over 3 lakh customers from our trusted Ramapuram branch. Every transaction includes live, transparent purity testing in front of you, standard KYC verification, and instant payment, with no hidden charges.

Do you buy broken, old or outdated gold jewellery?

Yes. We buy jewellery of any condition, age or design, broken chains, single earrings, worn-out bangles and outdated pieces are all accepted. Price is based purely on gold purity and weight, not appearance or design.

What documents do I need to sell gold?

A valid government-issued ID such as Aadhaar, PAN, voter ID or passport is required for standard KYC verification. The original purchase bill is helpful but not mandatory, since we independently verify purity through XRF testing.

How is gold purity tested?

We use XRF (X-ray fluorescence) testing, a certified, non-destructive method that measures your gold's exact composition without damaging it. Unlike older acid-testing methods, XRF gives an accurate reading on the spot, and the result is shown to you directly.

How fast do I get paid after selling my gold?

Payment is instant, once you agree to the quoted price, you're paid immediately, either in cash or directly to your bank account, in the same visit. Most walk-ins are completed within 15-20 minutes start to finish.

Do you buy silver, gold coins and bars too?

Yes. Alongside jewellery, we buy silver items, bank-issued and temple gold coins, foreign coins, and gold bars, all tested and priced transparently using the same XRF process.

What if I get a valuation but decide not to sell?

That's completely fine. Our valuation is free and comes with no obligation to sell, you're welcome to walk away and decide later, with no pressure and no charge for the testing.

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