If you’re asking, “What stores buy gold jewelry?” , you’re likely looking to turn your old or unwanted gold into cash. Whether it’s broken chains, outdated designs, or heirlooms you no longer wear, many stores and businesses are willing to buy gold jewelry for its weight and purity .
1. Local Jewelry Stores That Buy Gold
Many local jewelers offer gold buying services , especially those who also sell second-hand or used jewelry. They often accept:
- Old gold necklaces, rings, and earrings
- Broken or damaged pieces
- Pure gold coins or bars
✅ Benefits:
- Instant cash
- In-person evaluation
- Possible exchange offers
🔍 Tip: Always ask if they use XRF testing machines for accurate purity checks.
2. Dedicated “We Buy Gold” Stores
These standalone shops specialize in buying gold jewelry, coins, and bullion . You’ll often find them in malls or high-footfall areas.
Examples:
- CashforGold
- Gold Farmers
- Local “Buy Gold” outlets
✅ Benefits:
- Transparent pricing
- Fast transactions
- No need to haggle
🔍 Note: Visit multiple stores to compare rates before selling.
3. Pawn Shops That Accept Gold
Pawn shops are common places that buy gold quickly—especially if you’re in need of immediate cash .
✅ Benefits:
- Open late hours
- No appointment needed
- Accept most types of gold jewelry
⚠️ Caution: Offers may be below market value , so always compare first.
4. National Retail Chains & Malls
Some national jewelry chains like Tanishq, Kalyan Jewellers, and Malabar Gold & Diamonds have exchange programs where you can trade in old gold for new purchases.
✅ Benefits:
- Reputable brands
- Certified weighing and testing
- Option to upgrade your jewelry
🔍 Tip: These stores often give better prices when used for exchange vs. direct cash sale .
5. Online Platforms That Buy Gold
You can also sell your gold jewelry through online gold buyers who provide free shipping kits, lab testing, and secure payments .
Top platforms include:
- Acredius – For both digital and physical gold
- eBay, OLX, Quikr – Peer-to-peer marketplace
- Amazon Trade-In – Limited gold options
✅ Benefits:
- Price comparisons
- Convenience
- Secure delivery
⚠️ Safety tip: Use insured packaging and verified buyers only.
Frequently Asked Questions (FAQs)
Q1: Do all jewelry stores buy gold?
A: Most do, but not all. Call ahead or check their website to confirm if they offer gold-buying services.
Q2: Can I sell broken gold jewelry?
A: Yes! Most buyers accept broken or worn-out jewelry and pay based on weight and purity .
Q3: How much will stores pay for gold jewelry?
A: Prices vary daily based on market rates , minus any deductions for impurities or refining costs.
Conclusion
There are many stores that buy gold jewelry—including jewelers, pawn shops, and online buyers—so always shop around to ensure you’re getting the best deal.
