If you have ever considered selling your gold, one question probably crossed your mind immediately: How much is my gold actually worth today?
Some people focus on how heavy their gold is. Some worry about the purity stamp. But the real truth? Both matter but not exactly in the same way. Once you understand the difference, it helps you make a better decision when selling gold and also get the best possible return.
In this blog, we will break it down simply so you don’t get confused.
When you walk into a gold buyer like Muthoot Gold Point, your gold value is calculated based on two core factors:
These two elements work together, along with the current value of gold in the market, to decide how much money you receive.
Many people assume that heavier gold always means higher value. That’s not always true. Similarly, a high-purity ornament that weighs very little may not fetch much either. The real value lies in how these two factors balance each other.
Gold weight refers to how much your ornament or coin weighs, usually measured in grams. This is the most visible factor; you can feel it in your hand.
But here’s something important many sellers don’t realise: The total weight includes stones, clasps, solder, and other non-gold parts.
That’s why professional buyers carefully separate and calculate only the net gold weight before arriving at a final number. The higher the actual gold content by weight, the higher your gold value, but only if the purity is good.
So weight matters, but it doesn’t tell the full story on its own.
Gold purity tells you how much pure gold is present in your jewellery. It’s usually expressed in karats:
Here’s the key insight: A lighter 24K gold item can be worth more than a heavier 18K one.
Why? Because purity directly impacts how much actual gold is present. When selling, buyers don’t pay for design, making charges, or emotional value, only the gold content.
This is why purity often has a bigger influence on your gold selling price than weight alone.
Let’s settle this clearly.
But when it comes to calculating gold value, purity plays the more decisive role.
Think of it like this: You’re not paid for how big the ornament looks, you’re paid for how much pure gold it contains.
That’s why two chains of the same weight can have very different values if their purity levels differ.
Even with the same weight and purity, the amount you receive can change daily. That’s because gold prices fluctuate based on global markets.
The current value of gold is determined by international gold rates, currency movements, and market demand. Reputed buyers update prices frequently to stay aligned with real-time rates.
This is why it’s always a good idea to check rates on the day you plan to sell, rather than relying on old assumptions.
Many people search online for a gold value calculator before selling, and that’s a smart first step.
These tools give you an estimate based on:
However, calculators provide approximate values, not final payouts. Actual valuation may differ slightly due to:
Use calculators for clarity, but rely on a trusted professional for accuracy.
Before you sell old gold, let’s clear a few misunderstandings:
Myth 1: Old jewellery is worth less
Truth: Gold doesn’t lose value with age. Only purity and weight matter.
Myth 2: Heavier always means better
Truth: Lower-purity gold can weigh more but be worth less.
Myth 3: Branded jewellery gives higher returns
Truth: Brands matter when buying, not when selling.
Knowing these facts protects you from underestimating your gold selling price.
At Muthoot Gold Point, the valuation process is transparent and customer-friendly:
There are no hidden deductions, and every step is done in front of you, so you know exactly what you’re being paid for.
If you’re preparing to sell old gold, here’s the takeaway:
Understanding these basics puts you in control and helps you make confident, informed decisions.
When you know how gold value is calculated, selling gold stops feeling complicated and starts feeling empowering.