Understand why a headline gold rate is only one part of a real jewellery valuation. Ran Lanka recommends understanding every stage before agreeing to sell. The actual amount depends on tested purity, net gold weight and the applicable market reference at the time of valuation.
1. How market rates move
Ask the valuer to explain this clearly and show the relevant reading or calculation. A professional process allows you to verify the information, ask questions and compare the result without pressure.
2. Purity conversion
Ask the valuer to explain this clearly and show the relevant reading or calculation. A professional process allows you to verify the information, ask questions and compare the result without pressure.
3. Gross versus net gold weight
Ask the valuer to explain this clearly and show the relevant reading or calculation. A professional process allows you to verify the information, ask questions and compare the result without pressure.
4. Valid deductions
Ask the valuer to explain this clearly and show the relevant reading or calculation. A professional process allows you to verify the information, ask questions and compare the result without pressure.
5. Final payable amount
Ask the valuer to explain this clearly and show the relevant reading or calculation. A professional process allows you to verify the information, ask questions and compare the result without pressure.
A practical checklist before you sell
- Bring a valid identity document.
- Keep jewellery in your sight during inspection.
- Confirm purity and net weight.
- Ask which live reference rate is being used.
- Review the final payable amount before approval.
Market rates fluctuate and online figures are references, not guaranteed purchase offers. Visit a Ran Lanka branch for a professional assessment and a clear explanation of the result.