Back to Blog April 16, 2026 | Neehan Editorial Team The Ultimate Guide to Exchanging Old Gold Jewelry for Cash **Finding Value in Old and Broken Gold** Many households have physical gold lying idle in lockers-single earrings, outdated necklaces, or broken bangles. Instead of letting these assets gather dust, converting them into liquid cash can give you the financial flexibility to invest in better opportunities or handle emergencies. ### What Condition Must the Gold Be In? One of the biggest misconceptions is that buyers only want shiny, pristine jewelry. In reality, **the condition of the gold does not matter** when selling to a professional buyer. We purchase: - Broken or tangled chains - Single, mismatched earrings - Highly tarnished or old traditional heirloom pieces - Gold coins or biscuits ### The Valuation Process Because old jewelry might contain mixed alloys or lower karat purities, accurate testing is vital. 1. **Cleaning:** Sometimes dirt and grime add false weight. However, we have sophisticated tools to handle this. 2. **XRF Analysis:** Instead of the old "rubbing on a stone and using acid" method which takes away trace amounts of your gold, we use an X-Ray spectrometer. This machine tells us the exact percentage of Gold, Copper, Silver, and Zinc in your piece. 3. **Stones and Enamel:** If your jewelry has stones, their weight is precisely deducted to find the "Net Gold Weight." (Note: traditional jewelers heavily discount the gold value for stones, we only deduct the actual weight). ### Turn Dead Assets into Growth With gold prices sitting at historic highs, there has never been a better time to sell old jewelry. Bring your unused gold to **Neehan Gold Buyers in Jayanagar, Bangalore** for a free, no-obligation valuation. We'll show you exactly how much your old gold is worth today! Share: Get Free Valuation Now