Encashing Gold is Simple, Safe, and Secure at Jewels Planet

Gold is one of the most preferred forms of investments that offer assurance and safety, especially under ambiguous economic conditions. In today’s uncertain times even financial gurus invest in the yellow metal rather than buying stocks.

Ever thought why people put their hard-earned income into buying gold? The main reason is that this precious metal retains its sheen even in the most severe recession. It means gold always holds some of its worth as insurance against hard times.

People understand that gold as an investment is like putting money into high-interest fixed deposits because it fetches great interest in the future.

Deciding to sell your gold is not easy. There are hordes of buyers who buy gold for cash. With digital technology taking reign, you may also find many online gold buyers in the market.

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With so many players in the market, one should tread with caution while looking for gold buyers.

Let’s take a quick look at some tips that are key to fruitful transactions for selling gold

  • Gain thorough knowledge about buyers who offer cash for gold. Explore their standing in the market. Gather information about their payment
  • Navigate through their websites, carefully read customer reviews, and check their reputation by clicking on their social media handles. The more you explore the better. By gaining information through multiple channels, you will have a reasonable idea about their
  • Always know the current value of your assets. Separate the items as per their purity and brand value. This will save time and also clear any line of doubt.
  • Indians are emotional by nature, as such harbor a sentimental value with their assets. In this light, pledging may seem an attractive option, where you get money and also hold on to your valuables. This may look like a double treat but ultimately gets baffling because of the escalating interest. Do not get lured into a pledging

At this time, you may be thinking, where to sell gold? How do I find a buyer whom I can trust?

Jewels Planet is your answer to all your gold woes. It is a one-stop- solution that offers a quick, easy, and risk-free experience to its customers.

Here are the top 5 reasons why visiting Jewels Planet should be your top priority-

  1. Spot analysis- At Jewels Planet, you get on-the-spot analysis of your gold through modern technology. You can sell unwanted gold and also broken and unused jewellery
  2. Values- Jewels Planet boasts of a soaring reputation in the market mainly because of its business ethics. It has a devoted customer base that swears by their honesty, transparency, and integrity.
  3. Payment options- Flexible modes of payment are an added feather in Jewels Planet’s cap. Customers find it very convenient to get paid instantly by cash against gold, cheque, online transfers, or through NEFT/RTGS.
  4. Staff- An overtly professional, well-trained, and courteous staff goes the extra mile to make your buying-selling experience a memorable
  5. No pledging- Jewels Planet does not encourage pledging of gold. It does not give any false hopes or trick you into a pledging trap. You get the best possible price for your gold in a hassle- free

In a culture where gold symbolizes wealth, family tradition, and emotional bonding, selling gold is not an easy decision. Therefore, under dire circumstances, when the need arises, you should visit a buyer who offers the best value for gold. This will give you peace of mind and also a reason to smile.

Pledging Gold – To Do or Not to Do (That’s the Question)

Gold is considered pious in India. It has been associated with the likeliness of Goddess Lakshmi, the deity of prosperity and wealth. Buying gold commemorates auspicious functions and celebrations. No doubt, pledging gold does not go too well with Indian community.

Gold is also a prized heirloom which is passed from one generation to another as a mark of family legacy.

Also, the skyrocketing prices of this metal make it a safe bet against odd times. Be it a medical emergency, financial crisis, business requirement, one can pledge gold to bail out of a perilous situation.

With changing times, the concepts of people have also changed. Pledging gold is no longer considered unacceptable. However, whether one should pledge gold or not is still a debatable topic.

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Pledged Gold Vs. Instant Payment Against Gold

People realise that gold can be used as a security to meet their urgent cash requirements. There is no doubt that gold loan market is soaring today. Most banks as well as NBFC’s provide a loan against gold. But, the heavy amount of interest levied on pledged gold is a major deterrent. One may even lose their gold if the interest amount is not paid on time. For this reason, it is recommended that one opts for getting cash against gold after getting a proper evaluation of their gold.

Modern Outlook

With more and more people becoming educated and modern in their outlook, the inhibitions associated with selling gold for instant cash are being shunned. In urban dwellings, people prefer getting instant payment against their gold items. The idea of mortgaging their gold assets with banks or local jewellers does not go too well with their mindsets; they do not want to get entangled in the web of surmounting interest.

Hard Earned Saving/Investment

Many of us buy gold as an investment against a potential financial crunch. No wonder, we put our hard-earned income into it. Pledging gold at the times of need is an option but not really recommended as the process entails lot of complications. As a customer, even if you are being offered lucrative interest rates by the creditor, it is not in your interest to get trapped in the web of accumulating interest of pledged-gold. Moreover, credibility of the creditor is a concern too. Many a times, one may get cheated at the hands of creditor and end up paying huge interest against the pledged gold.

Financial Literacy

As a customer, one must understand the concept of gold-pledging clearly. The poor segment can be easily lured into the concept without actually understanding the underlying clauses of the process.

Sound financial literacy is required to be able to understand the technicalities involved in the process. Otherwise, it may pose a serious risk to the customer as it would be difficult to regain the pledged gold in case of a default. There are hidden charges, late-payment charges and many intricate obstacles that can torment you with a life long stress.

To summarize, it is suggested that in today’s scenario, you should not burden yourself under the load of ever-increasing interest of pledged gold. You should rather take a pledge to come out of a financial crisis by getting instant payment against gold by evaluating your gold for highest price.

 

 

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Encash your gold coins for a bright future

Gold has been used an investment option in India since ages. In times of dire need, it is a common practice to sell gold for cash. Gold can be in the form of coins which are commonly referred to as medallions, gold bullion or bars. Gold coins can be bought for gifting and saving and come in different minted shapes like round and rectangular. If you have the need to liquidate your investment for an urgent need, how can you do it? What are the best option when it comes to selling your precious investment?


It is imperative to arm yourself with information before you sell gold coins for cash. Here is handy guide of important tips that will tell you about the best practices for selling gold and how you can get the best price for your precious metal.

1) Check the purity of gold
The gold available in the market is either of 22 carat or 24 carat. You can know the purity of the gold coins at the time of purchase. It is always a safe option to check the purity of your gold tested by the buyer of the gold, which will give you an idea about how genuine it is. This assurance about the purity of your gold coins will empower you to sell it at a good price.

2) Weight of your gold
The weight of your gold is another important factor that decides on the amount of cash you get when you decide to sell gold coins. Coins can have a weight of anywhere between 0.5 g to 100 g. You can put a price for your gold if you know its weight. This will give you an early estimate of the price that your precious metal can yield.

3) Look for trusted buyers
Refer to various sources offline and online to know which the best place to sell gold is. Ask for opinions from your family and friends and look into online reviews of the gold buyers near you. Make a list of which are the best and most trusted gold buyers and verify their credentials before you decide to go with one of them. Reliability, professionalism and security are the three factors that determine a genuine gold buyer’s worth.

Every gold buyer in the market may have tall promises for you, but it is upto you to decide who you want to go with. Arm yourself with enough information before you finalise on a gold buyer and make sure that they give you the best price for your gold.

Which is the best place to sell gold coins?
If you are looking for gold buyers who are genuine and trusted and would give you the fair price for your gold, then look no further. At Jewels Planet, we give you the best price for your gold in cash/cheque/IMPS or RTGS instantly. Our valuation system is computerized and legitimate. The testing of your gold is done right in front of your eyes and we make sure that you get a fair price when you sell gold.

The staff members are friendly and informed educating you with information about your gold. You are saved from the harassment of middlemen and you can make yourself sure about selling your gold in a secure environment that will fetch you the best price.

What are you waiting for? Do not let those gold coins waste away in your locker. Come right away to us, to get the best price for you gold.

Liquidate your gold, do not let it waste away!