Buy Old Gold Jewellery
Necklaces, bangles, rings, chains and earrings, we buy all types of gold jewellery at top market prices, regardless of condition.
Turn Old Jewellery Into Instant Cash
Most homes have gold jewellery that no longer gets worn, outdated designs, broken chains, single earrings, or pieces inherited from family. Instant Money Gold buys all of it, at a price based purely on gold purity and weight, not on how the piece looks today.
Every item is tested using certified XRF technology right in front of you, so you always see exactly how your final price was calculated. Once you agree, payment is made instantly, no waiting, no paperwork delays.
What We Accept
- Necklaces, chains and mangalsutras
- Bangles, bracelets and kadas
- Rings, earrings and studs
- Broken, bent or damaged pieces
- Outdated or unfashionable designs
- 24K, 22K and 18K gold jewellery
Why Sell Your Old Jewellery to Us
We pay up to 98% of current market value with no service charges, no processing fees and no percentage deductions. Your jewellery is tested transparently, and cash is paid the same visit, whether you sell in-branch or use our door step gold buying service.
What Determines Your Jewellery's Price
Three factors decide what you get paid: the karat (purity), the net weight of gold once any stones or non-gold components are excluded, and the day's market rate. Design, brand, or how old the piece is have no bearing on the payout, only the actual gold content matters. This is why a plain, worn-out chain and an ornate, well-kept one of the same purity and weight are valued identically.
If your jewellery has stones, enamel work or other embellishments, our team weighs and separates the non-gold components in front of you before calculating the price on the pure gold weight alone, so you can verify every step of the calculation yourself.
Documents You'll Need
Bring a valid government-issued ID (Aadhaar, PAN, voter ID, or passport) for standard KYC verification, as required for all gold-buying transactions in India. The original purchase bill is helpful but not required, our XRF testing independently confirms purity regardless of paperwork.
Serving Ramapuram and Nearby Chennai Areas
Our branch in Ramapuram is easily accessible from Porur, Virugambakkam, Manapakkam, Anna Nagar, Guindy, Alwarpet and Poonamallee. If travel is difficult, our door step service can bring the same certified testing and instant payment to your location.
How This Differs from Exchanging Jewellery at a Jewellery Store
When you exchange old jewellery for a new piece at a jewellery store, the store typically deducts "wastage" and making charges from your old gold's value, and the net amount is only usable as credit toward a new purchase, not as cash. When you sell to us instead, there are no wastage or making-charge deductions, the price reflects the verified pure-gold weight at the day's rate, and you receive the full amount as cash or a bank transfer, with no requirement to buy anything in return. This makes selling the more straightforward option when you simply want funds, rather than a replacement piece of jewellery.
What Happens If You Have Multiple Pieces of Different Purity
Many households bring in a mix, some 22K daily-wear pieces, an old 18K piece, perhaps a 24K coin passed down as a gift. Each item is tested and weighed individually, so a mixed collection does not get averaged into one blended rate. You see the purity and weight of every single piece before the final total is calculated, which means you can choose to sell everything together or hold back specific pieces you are unsure about, without affecting the price of the rest.
Buy Old Gold Jewellery, FAQs
Do you buy broken or damaged gold jewellery?
Yes. We purchase broken, worn-out and outdated gold jewellery. The price is based on the purity and weight of the gold, not the condition of the design.
What types of jewellery do you accept?
We buy necklaces, bangles, chains, rings, earrings, bracelets and most other gold jewellery items in 24K, 22K and 18K purity.
How is the price of my jewellery calculated?
We test the purity of your gold using XRF testing in front of you, then calculate the price based on the day's market rate and the verified weight of pure gold, with no deductions.
Do I need the original bill or ID proof to sell jewellery?
A valid government ID (Aadhaar, PAN or similar) is required as part of standard KYC. The original purchase bill is not mandatory, we independently verify purity and weight through XRF testing regardless of whether you have the invoice.
Do you buy gold-plated or fashion jewellery?
No, gold-plated, fashion or imitation jewellery has no real gold content and cannot be purchased. We buy only genuine gold jewellery of 24K, 22K or 18K purity, which is confirmed on the spot using XRF testing.
Is there a minimum weight to sell old gold jewellery?
No minimum weight applies. We buy jewellery of any quantity, from a single broken earring to a full collection, at the same transparent per-gram rate.
How long does selling old jewellery take, start to finish?
Most walk-in visits are completed within 15-20 minutes, covering identity verification, live XRF testing, price agreement and instant payment.