In addition to what the weathermen are predicting for Delhi, gold is

kicking the mercury several notches up. And if you are a fashionista

who is cringing at the thought of rising gold prices or a jewellery

buyer with a imminent marriage in the family. Despair not.

DO what a lot of people are doing. Take your old gold and get new. Sales of scrap gold(

as the industry terms gold from old jewellery) is gaining new momentum

both because of investors and the wedding season. Investors are cashing

in on the rising prices and the wedding season is bringing old gold

from the lockers to the counters of jewellers.

What to expect:

1) If your jewellery is hallmarked. You will only pay up making charges for the new jewellery item.

2)

If your jewellery is not hallmarked, it is adviced that you go back to

the same jeweller you initially bought the jewellery from. This time insist that your newer jewellery items are hallmarked. Any other jeweller will probably subject your jewellery to some kind of assay test to ascertain the purity.

And don't forget to take a look at my post on some of the best practises on buy back/exchange you should be looking out for.