Old gold valuation in Pune depends on 3 key factors that most people overlook before exchanging their jewellery. For 25 years at Gold Mart Jewellers, we’ve seen the same confusion happen again and again.
Old Gold Valuation Pune — 3 Key Factors
The 3 Things That Actually Determine Your Old Gold’s Value
1. Purity — The Most Important Factor
Not all gold is the same. A 22KT bangle and an 18KT ring look almost identical to the naked eye but their values are very different.
Here’s a simple breakdown:
| Purity | Gold Content | Common Use |
|---|---|---|
| 24KT | 99.9% pure | Gold coins, bars |
| 22KT | 91.6% pure | Most Indian jewellery |
| 18KT | 75% pure | Designer jewellery |
| 14KT | 58.3% pure | Western jewellery |
What this means for you: If you bought 22KT jewellery but the jeweller testing your gold assumes 18KT, you lose money immediately before any other calculation is done.
Always ask: “What purity are you calculating at and how did you test it?”
2. Testing Method — This Changes Everything
There are two common ways gold purity is tested:
Acid Testing (traditional method)
- A small scratch is made on the jewellery
- Acid is applied to the scratch
- The colour change indicates approximate purity
- Problem: This method has a margin of error of 1-2 KT
Karatometer / XRF Testing (modern method)
- A non-destructive electronic scan
- Gives precise purity reading in seconds
- No scratching, no damage to your jewellery
- Used by serious, transparent jewellers
At Gold Mart Jewellers, we use Advanced Karatometer Testing for every exchange because you deserve an accurate number, not an estimate.
3. Transparency — Are You Seeing the Full Calculation?
A trustworthy exchange process looks like this:
✅ Test your gold in front of you ✅ Show you the purity reading ✅ Explain the current gold rate (live market rate) ✅ Show you the calculation: Weight × Purity × Rate = Value ✅ Deduct making charges or wastage clearly (if any) ✅ Give you a written receipt
If any of these steps are skipped or rushed ask questions. You have every right to understand exactly what you’re being paid and why.
The Simple Checklist Before You Exchange Old Gold
Before you walk into any jeweller to exchange old gold, keep these points in mind:
- Know the approximate purity of your jewellery (check old bills if available)
- Check today’s gold rate online before you go
- Ask what testing method they use (Karatometer is best)
- Watch the testing process yourself don’t step away
- Ask for a full written breakdown of the calculation
- Compare quotes from at least 2 trusted jewellers
Why We’re Sharing This
We’ve been in Pune Camp since 2000. In 25 years, we’ve built our reputation not just by selling beautiful jewellery — but by being honest with every customer who trusted us with their gold.
We believe that an informed customer makes better decisions. And when people make better decisions, they come back. That’s the kind of business we want to run.
If you’re thinking about exchanging old gold, we’d love to help transparently, fairly, and with full documentation.
📍 Gold Mart Jewellers Pune Camp, Near Pune Railway Station 📞 +91 97654 10709 🌐 goldmartjewels.com
DM us “CHECKLIST” on WhatsApp and we’ll send you our free Old Gold Exchange Checklist a simple guide to help you make an informed decision before you exchange anywhere.
