Most people have at least one piece of gold jewellery sitting unused — a design that's gone out of style, something inherited, or simply a piece you no longer wear. Exchanging it toward a new purchase is one of the simplest ways to fund a fresh piece without paying full price out of pocket. Here's exactly how the process works, so you know what to expect before you walk in.
How exchange value is calculated
Three things decide what your old gold is worth: purity, weight, and the day's gold rate.
• Purity is tested using a karat meter or acid test, done in front of you, and matched against BIS hallmark standards where applicable
• Weight is measured after removing any stones, since exchange value applies to the gold content only
• The current market rate for that day's gold price is then applied to the net gold weight
A small deduction is standard for old-style settings with heavy stone work or enamel, since the actual recoverable gold is lower than the gross weight. A trustworthy jeweller will explain this deduction to you clearly rather than simply naming a final number.
Step-by-step: what happens when you exchange
• 1. Bring the jewellery in — no appointment required, though booking one means shorter wait times
• 2. Purity testing happens in front of you using a karat meter
• 3. Net weight is calculated after any stone deduction
• 4. You're given a transparent valuation slip showing purity, weight, rate, and final exchange value
• 5. That value is adjusted directly against your new purchase
Why the jeweller you choose matters
Exchange value depends entirely on honest purity testing — this is the one part of the transaction where trust matters more than price comparison. A BIS-certified jeweller is required to test and disclose purity accurately, which protects you from being under-valued on genuine gold or over-charged on a lower-purity piece being sold as higher purity.
Right now: an added exchange benefit
Through 15 August 2026, Suryavanshi Jewellers is offering an additional ₹150 per gram on top of standard exchange value on old gold, alongside up to 25% off on making charges for your new piece — available in-store at our Jaipur showroom, since exchange requires an in-person purity check. Terms and conditions apply — ask our team in-store or during your appointment for the full breakdown.
Bring your old jewellery in for a free, no-obligation valuation — you'll know exactly what it's worth before you decide anything.