Where To Sell Your Gold?
August 30, 2013 1 Comment
Perhaps you wish to book profit now that the price of gold has risen again?Perhaps you need cash urgently in these hard times of tight liquidity.Or perhaps you just want new patterns for your wardrobe?Or perhaps you are preparing for a daughter’s wedding?Then the question is simply where to sell your old or scrap gold.
Obviously the answer is the person who will give you the most for your gold.
In Mumbai,a good place to go to is Jugraj Kantilal & Co.It is a well-known name in the bullion business in Zaveri Bazar. The private entity deals primarily in scrap. They buy old jewellery and then have it refined and then sell again it again in the market. This is a family owned business spanning seven generations. They handle some 100 kgs of scrap a week.
Here is the street address of the shop:155, Shop No 1, Bherumal House, Opposite L K Market, Sheikh Memon Street, Zaveri Bazar-Kalbadevi, Mumbai – 400002
Due to import restrictions on gold,and a need to export ornaments before importing gold,jewellers have now turned to scrap to provide raw materials,so now is a good time to sell gold if you need to.
Its interesting to see the self employed figures.How much of this is disguised unemployment?
“Thanks to our rulers rendering our economy uncompetitive, many industries, including the garment industry, an important source of exports, have relocated to Bangladesh.They say we have come a long way since 1991. Have we really?”
wealthymatters 