Selling gold is a big decision, and most families do it only a few times in their life. A little preparation makes sure you get a fair price and stay safe. Here is a simple checklist for selling gold in Kadapa.
1. Check today's gold rate before you leave home
Gold prices change every day. Look up the live 24K rate per gram before you visit any buyer, so you know what a fair offer looks like. You can see the live gold rate in Kadapa on our website, next to the VRGOLD buying rate.
2. Estimate the value of your gold
Use a gold value calculator with the weight and karat of your jewellery. Remember that stones, beads and wax are not gold — their weight is deducted. The estimate helps you spot an offer that is too low.
3. Carry the right documents
- Original Aadhaar card
- Original PAN card
- Bank passbook or a cancelled cheque, so the money can be transferred
- The original purchase bill, if you still have it
A genuine buyer will always ask for KYC. Be careful with anyone who buys gold without any ID — it is a sign the business is not following the rules.
4. Watch the purity test
The purity of your gold decides its value. Ask the buyer to weigh and test every piece in front of you and to show you the result. Note the gross weight, stone weight, net weight and purity of each item.
5. Ask for a clear, written price
Before you agree, ask for the calculation: net weight × purity × today's rate, minus any charges. There should be no hidden deductions.
6. Take payment to your bank account
Bank transfer (IMPS, NEFT, RTGS or UPI) is the safest way to be paid — there is no risk of carrying large amounts of cash, and you have a record. By law, cash payments of ₹2,00,000 or more in a single transaction are not allowed.
7. Always take a receipt
Get a numbered receipt that lists every item, its weight, purity and the amount paid. Keep it safely.
Selling gold at VRGOLD, Kadapa
At VRGOLD we follow every step above: purity tested in front of you, a clear price based on today's rate, payment straight to your bank account and a numbered receipt for every purchase. Read more about selling gold at VRGOLD or visit our gold buyers in Kadapa page.