Should You Sell Old Gold in 2026? Here’s What You Need to Know
Is 2026 the right time to sell old gold?
Answer on why you are selling the gold, what type of gold on you won and how you sell it. Lets be clear to you in this blog.
Why 2026 Could Be a Good Year to Sell Old Gold
Gold Prices Are Near Historic Highs
Global uncertainties, a weak rupee, inflation that have pushed gold prices increases. If the gold price stay high for long period then selling old or unused gold can give you maximum value per gram.
- Excellent time to liquidate broken jewellery
- Better returns compared to past years.
Old Jewellery = No Making Charge Loss
When you sell old gold:
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Making charges are not counted
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You’re paid mainly for net gold weight + purity
So if you’re holding:
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Broken chains
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Single earrings
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Outdated designs
Selling in 2026 can be financially smart.
When You Should NOT Sell Old Gold
If the Gold is Long-Term Family Investment
Gold is something called a hedge against inflation. If you actually dont need money urgently and the gold is pure like coins/biscuits then holding it longer might be still beneficial.
If You’re Getting Low Purity Value
Avoid places if:
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They don’t test gold in front of you
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Quote prices if they dont deduct on the explaining on gold.
Factors That Affect Old Gold Value in Chennai
1. Purity (Karat)
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22K gold fetches on the higher value
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Mixed or stone-embedded jewellery might see deductions
2. Weight After Stone Removal
Stones, wax, or soldering weight is deducted before final pricing.
3. Where You Sell
| Place | Transparency | Best For |
|---|---|---|
| Branded Jewellers | High | Exchange / Trust |
| Gold Buyers | Medium | Quick cash |
| Pawn Brokers | Low | Emergency only |
Sell or Exchange: What’s Better in 2026?
Exchange is the best option for Old Gold If:
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You’re buying new jewellery
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Jeweller provide zero making charge exchange offers
Sell Old Gold If:
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You are looking for liquid cash
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Jewellery is damaged or getting old
Many Chennai jewellers run festival exchange schemes on Pongal, Diwali and Akshaya Tritiya are ideal times.
Example: Selling Old Gold in Chennai (2026)
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Gold rate: ₹6,800 per gram (22K – example)
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Old gold weight: 20 grams
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Purity after test: 91.6%
Estimated value ≈ ₹1.24 lakhs (before deductions)
Before selling always ask for live rate confirmation.
Important Tips Before Selling Old Gold
- Compare prices with 2 to 3 shops
- Just enquire for karat testing
- Avoid cash only buyers without bill
- Have your ID proof ready (PAN needed required for high value)
Final Verdict: Should You Sell Old Gold in 2026?
YES, if you have unused, broken, or outdated jewellery
YES, if prices remain high and you need funds
NO, if it’s pure investment gold meant for long-term holding
Smart selling + right timing = better returns.
