What is the best place to sell old gold in Madurai?

Choose a registered buyer that conducts non-destructive German XRF testing directly in your line of sight, offers live market rates with zero melting loss, and provides a transparent calculation slip. V Money Gold at No. 15, Mela Pandiyan Agil Street, Madurai Main offers 100% counter transparency.

How is German XRF testing better than touchstone acid testing?

Acid and touchstone testing rub away gold and only test the outer surface coating. German XRF (X-Ray Fluorescence) spectrometer testing is 100% non-destructive, causes zero damage or weight loss, and accurately measures internal elemental gold purity within seconds.

Can I sell old gold without the original purchase bill?

Yes. Inherited, antique, and ancestral jewellery often lacks original receipts. We legally purchase gold without original bills provided you furnish a valid government-issued photo ID (Aadhaar, Voter ID, PAN) for KYC verification.

Do you buy 916 KDM, 22K, 18K and non-hallmarked gold?

Yes. We test every piece for its genuine elemental purity regardless of hallmark status and pay transparently according to today's live rate.

What about stones, beads or wax inside the jewellery?

You are paid purely for pure gold weight. Non-gold materials (stones, beads, lac, wax) are accurately deducted on certified scales in your direct view before pricing.

Certified Old Gold BuyersMadurai Main

Sell Old Gold in Madurai

Old chains, bangles nobody wears, a broken earring at the back of a drawer: it is all worth money. V Money Gold buys old gold jewellery in any condition and pays you at today's live market rate.

Any Condition (Broken / Bent)

Counter Machine Purity Test

Spot Cash & Bank IMPS

Call +91 84400 25004 WhatsApp Counter Desk

All Types Accepted

Old gold jewellery we buy

We purchase all purities and conditions of gold. Even broken, bent, or unhallmarked inherited jewellery is paid at its exact pure gold value.

Chains & Necklaces

Bangles & Bracelets

Finger Rings & Bands

Earrings & Jhumkas

Thali Chains & Coins

Broken & Bent Pieces

Single / Odd Earrings

Inherited Old Jewellery

916 Hallmark (22K)

18K & 24K Gold

KDM & Non-Hallmark

Old Gold Bullion & Bars

Transparent Valuation

How old gold is valued

Old gold is valued purely on the pure gold it contains. The design, age, or physical condition do not affect the intrinsic bullion value.

91.6% Pure Gold

22K Gold (916)

Most South Indian jewellery is 22 karat. Every 10 grams contains 9.16 grams of pure gold, valued at today's live 22K buying rate.

75.0% Pure Gold

18K Gold (750)

Commonly used for stone-studded or diamond jewellery. Tested by machine to confirm the exact 75% gold content.

99.9% Pure Gold

24K Gold (999)

Pure gold coins, biscuits, and minted bars. Valued at full 24K spot market rate with zero melting loss deductions.

Instant Estimation

Calculate your old gold cash value

Enter the approximate weight and karat purity of your jewellery to see today's estimated spot payout at live Madurai market rates. 100% free with zero obligation.

Our buying rate on 5 November 2026
Metal	We pay
24K gold (999)	₹14,602 / g
22K gold (916)	₹13,385 / g
18K gold (750)	₹10,955 / g
Silver	₹210 / g

Final value is confirmed after your item is weighed and purity-tested in front of you.

Check Latest Rate on WhatsApp

Estimate your old goldInstant estimate · 100% Free · No obligation

Sell Gold Pledged Gold Sell Silver

Free non-binding estimate. We weigh & test purity in front of you before cash payment.

Call +91 84400 25004

Customer Protection

Before you sell old gold anywhere — 3 Rules

Wherever you choose to sell your gold in Madurai, insist on these 3 transparency standards to ensure you are treated fairly.

1. Purity Tested in Front of You

The machine testing must happen openly at the counter while you watch. Never allow your jewellery to be taken into a back room or melted before pricing.

2. Read the Scale Display Yourself

Demand to see the digital counter reading with zero tare before your items are placed. The weight should be recorded down to two decimal places.

3. Get Full Math in Writing

Weight × Purity × Today's Live Rate. You should receive a clear written slip with zero hidden commission or deduction surprises.

Simple 3-Step Walkthrough

Sell old gold in 3 easy steps

Walk in anytime during shop hours without an appointment. We complete the entire appraisal in roughly 10 minutes.

Bring Your Items & ID

Visit our Madurai Main counter with your gold and a valid government photo ID (such as Aadhaar or Driving Licence).

Watch Testing & Valuation

Watch as we weigh your jewellery and verify its purity on our counter machine. We print out your transparent calculation slip.

Instant Cash or Transfer

Agree to the offer and receive immediate payment on the spot via cash or instant NEFT / IMPS bank transfer.

Got Questions?

Selling old gold: common questions

What is the best place to sell gold in Madurai?

Choose a buyer that tests purity in front of you, explains how the price is calculated from today's rate, and does not pressure you to sell. That is how we work at V Money Gold in Madurai Main.

Do you buy broken or damaged gold jewellery?

Yes. Broken chains, single earrings, bent bangles and damaged pieces are bought on the value of the gold they contain.

Do you buy gold without a bill?

Many families no longer have bills for old jewellery, especially inherited pieces. A bill is not always required, but we do need your valid photo ID, and we never buy stolen gold. Call us to check your case.

Do you buy KDM and non-hallmarked gold?

Yes. We test every piece for its real purity, whether it is hallmarked or not, and pay on that purity.

What about stones, beads or lac inside the jewellery?

You are paid only for the gold. If a piece contains stones, beads, wax or lac, we explain how that affects the weight before you decide.

Instant Estimate & Spot Payout

Have old gold to value today?

Call +91 84400 25004 or WhatsApp us for today's live buying rate.

Call +91 84400 25004 Talk to Us

Live Madurai Desk Spot Payout

Today's Gold Buying Rate

₹13,385 / g

22K (916) Hallmark • Zero Deductions

Counter Machine Testing

Instant Bank NEFT / Cash