Old Gold Exchange & Melting Loss Calculator
Old Gold Exchange Value
Estimate the cash or exchange value of your old gold after melting loss and wastage deductions.
Estimated Cash Value
₹1,08,718
Gross Value: ₹1,12,080
- 3% Deduction: ₹3,362
Frequently Asked Questions
What is melting loss?
When a jeweller melts down your old ornaments, a small percentage of the weight is lost due to impurities, solder, dirt, and rhodium plating that burn off during the process. This deduction — commonly called melting loss or wastage — typically ranges from 2% to 5% of the total weight, depending on the condition and age of the jewelry.
Will I get cash or exchange value?
Most Kerala jewellers offer two options: cash purchase or exchange for new gold. Exchanging your old gold for new jewelry almost always gives you a better rate because the jeweller saves on sourcing new metal. If you opt for a direct cash payout, expect the offered price to be slightly lower than the prevailing market rate.