Before you sell your gold jewelry, Here are the key things you must learn:

Current Market Rate: Gold prices fluctuate daily. Check the live rate (e.g., on financial news sites or from a reputable jeweler) for the specific karat you own to set a fair price expectation.

Purity and Weight: Understand the purity of your gold in karats (e.g., 22K, 18K) and its millesimal fineness (e.g., 916, 750). The value is based on the weight of the pure gold content, not the total weight of the jewelry. Be aware of deductions for any stones or non-gold parts.

Choose a Reputable Buyer: Look for buyers who have a transparent process. They should use a calibrated digital scale and a non-destructive testing method like an XRF machine in your presence.