How To Trade My Gold Possession If I Have Misplaced The Bill?

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How To Trade My Gold Possession If I Have
Misplaced The Bill?
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The last couple of years have seen a significant
rise in Gold Prices in many countries, and
especially in India. So, if you possess some of
this precious metal, now is the perfect time to
sell that in the market. You will be able to
fulfill your dreams of buying that big car or
possess that spacious apartment! We know that
you can often forget to safely store away the
bill after you buy some gold coins. Or if it is
a prestigious ancestral bill, then in no will you
will have a bill in the first place. So, while
selling gold, one important thing that comes to
our mind is that will we be able to sell it if we
have lost the bill, right? In this article, we
are telling you the fix for that. Bills are
important to most of the jewellers because, based
on the bill, they decide the purity of the
yellow metal. You will also be able to Sell Your
Gold for the right price with the bill. If you
have the bill, you are in luck. But if you dont,
go through these possible fixes.
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What to do if I have lost the purchase bill? It
is best to go for a sell of the jewellery or bars
in case you have lost the purchase bill. Many
Gold Buyers In Gurgaon will allow you to sell
gold with the condition that you purchase this
yellow metal from their stores only. These shops
will melt the precious metal in front of your
eyes. This allows you to check if the metal is
pure and also if the buyers are correct about the
weight. The main losses that you will go through
is in the form of melting charge or charge of
making. You will also have to bear some loss as a
metal wastage too. Your next option would be to
sell the precious yellow jewellery to the store
you have purchased it from. Jewellery stores
have a way to identify if the metal has been
bought from their store or not. But if you have
purchased from a bank, then there goes your luck.
Banks do not engage in any form of trade, so you
will not be able to resell it. Another option
that you have for selling this precious commodity
is pawn shops or companies. Many companies
exchange Gold For Cash. In case of a financial
emergency, when you need the money ready at
hand, this is your most go-to option. This quick
process is safe, with no billing requirement.
One thing that you must make sure of before
selling gold to any company is the companys
registration. Many fraud companies wait for an
opportunity like this, and will not give you the
perfect market price. Compare the market rates
to protect yourself from fraudulency
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Before selling any of your precious yellow metal,
it is very important to know about the present
market trends and rates. An informed customer
never makes this mistake. There are chances that
the seller will give Buy Your Jewellery at a
lower price, and the loss will be in your
account. To protect yourself from such a
fraudulency what you can do is call a gold retail
shop and ask about the current market rate. To
ensure clarity in the statement, you can also get
two or three other shops and see if they mention
the same rate.
Ensure the purity of the metal Hallmark is a very
important factor to check before you sell out
your possession of this yellow metal. The purity
can be indicated by 916 mark it means that your
gold has 91.6 purity. This is measured on a
standardized hallmark symbol for all forms of
jewellery or coins or bars. In case you do not
see a hallmark, it is better to reach out to a
registered hallmarking center to receive a
certificate. The list is available on BIS or
Bureau of Indian Standards. If you are someone
who lives in Mumbai, then Bombay Bullion
Association will be easy for you to reach. It is
located in Zaveri Bazaar. They provide all types
of details on the certificate about the metal
purity, about the other metals that are present
in the jewellery too.