What a gold valuation includes
- 01
Visual check and hallmark reading
We look at each piece and note any hallmark and HUID.
- 02
Purity test
The actual purity of your gold is tested in front of you.
- 03
Gross and net weight
Stones and non-gold parts are separated from the gold weight.
- 04
Value at today’s rate
Net weight and purity are applied to the current gold rate.
- 05
Explained, not just quoted
You see every figure behind the value, and you are free to compare.
When a gold valuation is useful
- Before selling gold, to know a fair price
- Before pledging gold, to know what it is worth
- When closing a gold loan and releasing pledged gold
- When dividing family gold
- When you are unsure of a piece’s purity
Why valuation differs from the jeweller’s price tag
The price you paid at a jewellery shop included making charges, wastage and GST. A gold valuation measures only the gold content: net weight × purity × today’s rate. That is why the value of used jewellery is lower than its original price tag, even when gold rates have risen.
Check the value of gold at home first
Know the weight and karat of your jewellery? Use our free gold value calculator for an estimate, then bring the gold in for an exact valuation.
Check gold value with the calculator