Gold Resale Value Calculator – 24K, 22K, 21K & 18K Jewellery
Gold is one of the most valuable assets in the UAE, whether it’s 24K, 22K, 21K, or 18K jewellery, or pure gold bars and coins. If you’re planning to sell your gold, knowing the resale value is crucial to ensure you get a fair price. Market rates fluctuate daily based on international gold prices, making it challenging to calculate accurately without the right tools. That’s why we offer this Gold Resale Value Calculator, helping you estimate the resale value of your gold quickly and accurately.
How the Calculator works
Our calculator allows you to select the gold karat (18K, 21K, 22K, 24K) and enter the total weight in grams. For 24K pure gold, a small 1.5% deduction is applied to reflect standard dealer spreads. For other gold jewellery, a 5% deduction is applied to account for jeweller or dealer charges. These percentages are standard estimates and can vary from jeweller to jeweller depending on multiple factors such as making charges, market demand, and item condition, ensuring you get a realistic starting point before visiting a gold dealer.
💡 Note: A 1.5% deduction is applied for 24K pure gold, and 5% for other jewellery to account for dealer or jeweller charges. Actual rates may vary.
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Why Use Our Calculator:
Using our calculator is fast, free, and accurate. It saves you from manually calculating gold resale prices and helps you make informed decisions. Compare the estimated value with offers from local dealers to ensure you receive a fair price. For expert guidance on buying and selling jewellery in Dubai, check this practical guide from Gulf News: UAE tourist guide: What are the do’s and don’ts when buying gold from Dubai and our Live Gold Prices Page.