A simple, transparent and honest process β you walk in with gold and walk out with cash. Here is how.
We have made the gold selling process as simple and transparent as possible. Here is what happens when you visit Naishitha Gold.
You can visit our Madhurawada or Pendurthi branch directly during working hours (9:30 AM β 6:00 PM, Monday to Saturday). No appointment is required. If you have any doubts, you can call us first on 8019 70 8019 or WhatsApp us before coming.
Our trained gold expert will test your gold right in front of you. We use both karatometer (electronic testing machine) and acid testing to determine the exact purity of your gold. This process takes only a few minutes and you can watch the entire testing process so you are completely confident about the result.
What we test: Gold jewellery (chains, rings, bangles, earrings), gold coins, gold bars, and any other gold item. We test all purity levels β 24K, 22K, 20K, 18K and below.
After testing the purity, we weigh your gold on a certified electronic scale. The weight is shown to you clearly on the scale display. We use the exact weight to calculate the value of your gold β nothing is deducted unfairly.
We calculate the price of your gold based on today's live gold market rate. The formula is simple: Gold Weight (in grams) Γ Purity Percentage Γ Today's Gold Rate = Your Price. We explain this calculation clearly to you before making any offer.
Example: 10 grams of 22K gold Γ 91.7% purity Γ βΉ7,200 (today's rate per gram) = βΉ66,024 approximate value.
We give you our best offer. There is absolutely no pressure to accept it. You can take your time to think, compare with other buyers, or simply decline and take your gold back. We believe in building trust β not in forcing a sale.
If you agree to our offer, we pay you immediately in cash. The entire process from the time you walk in to the time you receive payment takes less than 30 minutes in most cases. We do not make you wait or come back later.
If your gold is pledged at a bank, gold finance company or a pawnbroker, we can help you release it.
Many people in Visakhapatnam have pledged their gold at banks like Muthoot Finance, Manappuram, or other local lenders. When the loan amount grows due to interest, it becomes difficult to repay and release the gold. Naishitha Gold helps you in such situations.
Come to our branch with your gold loan documents β pledge receipt, loan account number, and your ID proof.
Our team looks at the outstanding loan amount and your gold value to help you understand the best strategy for release.
We help you get your pledged gold released quickly, with minimum paperwork and maximum cash in hand.
If you want guidance before visiting, call or WhatsApp us at 8019748019 and we will advise you.
Not sure what purity your gold is? Here is a quick guide to help you understand.
| Karat | Purity % | Hallmark | Common Use |
|---|---|---|---|
| 24K | 99.9% | 999 | Coins, bars, bullion |
| 22K | 91.7% | 916 | Most Indian jewellery |
| 18K | 75% | 750 | Modern, studded jewellery |
| 14K | 58.3% | 585 | International jewellery |
Higher karat = higher purity = higher cash value when you sell.
No appointments needed. Just walk in to any of our Visakhapatnam branches and our team will take care of the rest.