Silver buyers near me, Sell Silver Articles / Coins / Bars at your nearest DGold.in
We adopt a professional & streamlined process to buy your Silver articles & bullion at the best price & honest valuation.
Registered Silver buyers Since 2007
! WARNING !
Trying to sell stolen or spurious articles is a criminal offense, Sellers must provide proper documentation to transact. We do not entertain minors under any circumstances. Persons between the age 18 to 23 years must have consent of their family members to transact. Verification will be done if necessary. DGold.in reserves the right to reject any transaction, Suspicious transactions will be reported to the appropriate authorities.
Professional Silver Buyers
SILVER BUYERS NEAR ME
NO EXCHANGE REQUIRED
Procedure to Sell Silver at DGold.in
Step – 1 : Weights & Estimation
Using our precise balances the weight of your silver articles & bullion are recorded, an initial estimate will be provided for your approval & further testing.
Step – 2 : Testing & Valuation
Silver articles will be abraded and a chemical will be applied on the article to determine the grade of silver. (Note: articles will dis-color at the tested area). The evaluator will grade the silver accordingly and provide a final valuation.
Step – 3 : Approval & Payments
On your approval & after verification of your documents, we shall initiate the payment by CASH* or IMPS/NEFT/RTGS for values instantly.
Eligibility to Sell Silver Articles & Bullion
Person must be above 23 years of age to transact. Persons between the age 18 & 23 years require parents consent to transact.
Valid Photo ID & Address proof issued by government any 2 documents please refer the documentation section below. Please get originals / No photo copies are required, Images on phone can be sent on whatsApp also
Person selling silver articles may get the purchase invoice if available for a faster verification process.
Person will be allowed to transact only if articles are self acquired or transacting on behalf of parents or spouse with their consent. Transacting on behalf of friends, colleagues or any third parties will not be allowed.
Payments are instant, However Income tax limits for cash payments may be applicable.
Through Immediate payment service funds will credit the beneficiary instantly (Upto 20 lakhs)
NEFT / RTGS
National electronic fund transfer may take upto 3hrs to credit the beneficiary / Real time gross settlement may take upto 1hr to credit the beneficiary. (Provided the beneficiary account details has to be submitted 24hrs prior to transaction. (Above 20 lakhs)
Cheque system is outdated but can be provided on request. Clearing time may differ from Bank to Bank.
What we buy & what we don't buy in silver
We buy all types of Silver Articles & Jewelry – Plates, Bowls, Jars, Idols, Containers, Baskets, cups, Rings, Pendants, Chains, Earrings, Necklace, Bangles, Armlets, Waist belts, Anklets*, Toe rings*.
Silver article starting from 30% purity to 100% purity is accepted. Tarnished silver / Oxidized Silver (Silver which has turned black) will also be purchased.
We buy Silver in the form of coins or bars Indian or International mint. Coins manufactured by local jewellers will also be purchased.
Silver coated / plated articles , jewellery or coins will not be accepted, German silver or white metals will not be accepted.
Locally melted silver in form of bars will not be accepted unless a police NOC is obtained.
Semi precious stones & beads studded in the jewellery will have zero value, however the silver content will be considered for valuation.
Silver Price & Calculation
Silver prices are very critical when it comes to valuation of silver. Silver prices in India are always high due its duty & taxes structure. Silver rates are International market driven mainly controlled by London Bullion market association (LBMA) & Newyork stock exchange (NYE).
Silver rates fluctuate 24X7 depending on Asain / Europe / Newyork markets & also local markets based on the demand & supply. In India we don't have a uniform rate system as it is a diversified market.
Online Gold rate - there are many websites online which display gold commodity prices, but none of them can be accurate as they are not involved in local trade. Market rates are the ones to be considered when selling your silver. The Market rates are a computation of World spot price + Duties & Taxes + Insurance + shipping + local demand & supply + dealer margins & a reference from MCX India contract rates.
At DGold we follow a very transparent rate system which is displayed on our home page www.dgold.in (*Buying prices may differ)
Calculation / Valuation
Valuation process differs from articles to bars & coins, so not all will be evaluated the same way. Silver articles will have a mixture of other alloy contents like zinc, lead, tin & other metals. These alloys are the key to manufacturing the article as it cannot be made in pure silver. Our Valuation process will determine the actual silver content in the articles. In the case of Bars & coins it is again imperative to determine the purity, if the silver is 999 purity then it means that there is no other alloys present in it.
Brigade Road branch (Central Bangalore)
Unit 1001, DGold.in, 10th floor, Brigade Towers, Brigade road, Shantalanagar, Bengaluru - 560025. (Near Shoolay circle / ST Joseph's college)
No 118/1, 1st Floor, "Venkat Elegance" 27th cross, 4th Block Jayanagar, Bangalore 560025. (Next to Sapna Book house)
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