Buy · exchange
Sell or exchange old gold in Amalner
Tested and weighed in front of you, at the day's rate — cash, or against something new.
The short answer
Padmavati Jewellers buys old gold in Saraf Bazar, Amalner, and also takes it in exchange against new jewellery. Old gold is tested for purity and weighed in front of you, then priced at the day's rate. You choose whether to take cash or set the value against a new piece — exchange usually works out better.
What we take
Old jewellery, broken pieces, single earrings, coins and bars. Age and condition do not matter much — what matters is the purity and the weight, and both are established in front of you rather than across a counter in a back room.
How the value is worked out
- Purity. The piece is tested, because an old bangle may be 22K, 20K, or a mixed alloy. Stamps help, but testing is what settles it.
- Weight. Weighed on the scale in front of you, with stones and beads removed from the figure.
- Rate. The day's rate for that purity — the same rate the shop sells at, not a separate buying number invented on the spot.
- Cash or exchange. Take the value as cash, or set it against a new piece.
Why exchange usually beats cash
When you put old gold against a new piece, the value of your gold goes straight into the new purchase instead of sitting in the shop's cash. In practice that means you are usually offered better terms than a straight cash sale. Ask for both figures and compare — we will give you both, on paper, before you decide.
Bring the bill if you have one
It is not compulsory, but an old bill answers the purity question faster than testing alone. If the piece came from here, we may still have the record.
Selling gold and the rate
Buyback uses the same market rate as a sale. What reduces the figure is the refining needed to bring old jewellery back to pure gold, and that depends on the piece — solder, stones and mixed alloys all count. We explain the deduction before you agree to it, not after. How the Amalner rate works.
What to expect at the counter
Bring the gold, ask for the purity test and the weight to be shown to you, and ask for the rate per gram being applied. If a number is not explained to your satisfaction, do not sell. That is true here as much as anywhere.
Come and see it under the light.
Aadva, Saraf Bazar, Amalner — open every day, 9:00 am to 8:00 pm.
Old gold questions
Do you buy old gold in Amalner?
Yes. Old jewellery, broken pieces and coins are tested for purity and weighed in front of you, then priced at the day's rate. You can take cash.
Is exchange better than selling for cash?
Usually, yes. When the value goes against a new piece rather than into cash, the terms are generally better. Ask for both figures and compare before deciding.
Do I need a bill to sell old gold?
No, but bring it if you have one. An old bill makes the purity faster to establish, and if the piece came from us we may still have the record.
How is the price decided?
Purity from a test, weight on the scale in front of you, and the day's rate for that purity, less the refining the piece needs. We explain the deduction before you agree.