If you have old, broken or unused gold at home, there are a few places in Kadapa where you can turn it into money. Each works differently.
1. Exchanging at a jewellery shop
Many jewellers take old gold in exchange for new jewellery.
- Good for: families who want new jewellery anyway.
- Keep in mind: the value is usually given as credit against a purchase, not cash. You pay making charges and GST again on the new piece.
2. An organised gold buyer
Gold buyers like VRGOLD buy gold for money and pay directly.
- Good for: getting money in your bank account, without having to buy anything.
- Keep in mind: compare the buying rate with the live market rate, and check that the purity test is done in front of you.
3. Local pawn shops and private buyers
- Good for: very small amounts, quickly.
- Keep in mind: prices and testing methods vary a lot, receipts may not be given, and some do not follow KYC rules — which can cause problems later.
Checklist for choosing a gold buyer
- Do they test purity in front of you and show the result?
- Is their rate shown openly — on a board or a website?
- Do they deduct stones and beads separately and tell you the weights?
- Do they pay to your bank account and give a numbered receipt?
- Do they ask for KYC (Aadhaar, PAN)? A genuine business always does.
- Do they have a fixed address and good reviews?
Selling to VRGOLD in Kadapa
VRGOLD meets every point on this checklist. See today's VRGOLD rate, estimate your value with the calculator, and read more on our gold buyers in Kadapa page.