It's crucial to confirm the legitimacy of these purchasers before transferring ownership of your asset.
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Frequently asked questions
As a company accredited by the LBMA, we adhere to global market rates and are proud to be the sole LBMA-certified entity in India. This certification guarantees that we uphold the highest standards of transparency in all our dealings with you.
We recommend bringing your old jewelry after removing any extra stones or gems to speed up the transaction process. Nonetheless, we will always obtain the customer's consent before removing stones or gems prior to melting the gold.
The process involves a 60-minute real-time monitoring via CCTV for verification. It is required to provide your PAN Card, Voter ID, and a cancelled cheque to complete the transaction.
The least amount of gold required for testing is 10 grams. Fees will vary based on the metal's quantity and purity, as well as the buyback rate on the day of the transaction.
Many people might not realize that gold is typically bought back at a resale value, rather than its original purchase price or the market price at the time of the sale. This resale value is influenced by several factors including the gold content of the item, its purity, the prevailing market price of gold on the day it is sold, any applicable taxes and fees the buyer might impose, and the current currency exchange rates. Consequently, it is crucial to choose a reputable buyer who is committed to providing a clear and fair transaction, ensuring you receive the best possible return on your gold. At Aarya Gold, India's premier gold and silver refinery accredited by the London Bullion Market Association (LBMA)—the top regulatory body in the industry globally—we guarantee both transparency and security. Our aim is to offer you the highest possible value for your gold, with a process that is both fully transparent and meticulously documented.
The optimal strategy for selling gold involves selecting a reputable provider, such as Aarya gold, which is a certified and reliable gold buyer. Their Buyback program is carefully designed to ensure sellers receive maximum returns on their gold. The gold authentication is conducted using accurate Swiss technology, and customers can both watch this process live and review it on CCTV recordings, thus minimizing any potential for human error and ensuring customer confidence. Furthermore, customers are provided with a software-generated document that details the gold's content, the final valuation, applicable taxes, and any deductions made. The final payment is directly deposited into the customer’s bank account, eliminating the risk of unlawful cash transactions.
In India, families possess an estimated 25,000 tons of gold, valued at approximately Rs 110 lakh crores. During financial hardships, such as those experienced during the global Covid-19 pandemic, many opt to convert their gold into cash. If you're looking to sell gold for cash in India, several avenues are available. You might consider visiting a jewelry store, or a certified jewelry reseller or recycler. It's crucial to verify the credibility of the buyer to avoid potential scams. Important factors to consider include the buyer's reputation, their credentials, the type of documentation they require from you, the details they provide about the gold's quality and legality, and their overall transparency. This careful approach helps ensure accurate gold valuation, minimizes the risk of theft, and maximizes your return from the sale of your gold items.
A fee of Rs.3000 plus applicable taxes will be levied on the customer in the event of an incomplete buyback or exchange.
During the exchange procedure, Aarya Gold will acquire the customer's metal at the buyback rate of the current day, and the funds will be deposited into the customer's bank account through a same-day bank transfer. Customers also have the opportunity to purchase from our extensive selection of minted products at the sale price of the day.
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