Consumer ProtectionSafety Checklist

7 Checks Before You Sell Old Gold in Madurai

Most scams and price shortfalls happen when transactions occur out of the customer's sight. Keep these 7 essential checks in mind to ensure fair value.

Open Counter Standards
Zero Melting Risk
Written Calculation Guarantee

The Golden Rule

Never permit anyone to take your jewellery into a back room or melt it before you have agreed in writing to a guaranteed price. All tests and measurements must happen openly in front of you.

1

Watch the Purity Test Happen Live

Insist on modern non-destructive machine testing (XRF). The jewellery should remain on the counter directly before your eyes at all times.

2

Verify the Scale Zero & Weight Yourself

Check that the digital scale reads 0.00g before your items are placed. Note the exact gram weight to two decimal places.

3

Confirm Today's Live Bullion Buying Rate

Ensure the quoted rate reflects today's live market rate for your tested karat, not yesterday's or an arbitrary discount.

4

Question All Deductions Upfront

Ask if there are any deductions for melting, wastage, handling, or commissions. At V Money Gold, these deductions are strictly ₹0.

5

Insist on a Printed Calculation Slip

Weight, tested purity, gold rate, and total payout should be clearly documented in writing before you give your consent.

6

Never Tolerate High-Pressure Tactics

A reputable buyer allows you to take your printed estimate and compare elsewhere without obligation or fee.

7

Demand Official Identification & Receipt

Sell only to registered companies that record valid KYC and provide an official GST purchase invoice for your legal safety.

Instant Estimate & Spot Payout

Experience 100% transparent gold selling

Visit our Madurai Main counter or call for today's live bullion rate.

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