Learn how global gold prices, exchange rates and purity influence local resale values. 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. Global market influence
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. Currency movements
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. Purity and net 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. Timing the decision
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. Avoiding unrealistic promises
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.