How Gold Buyers in UAE Calculate the Value of Your Scrap Gold?
Gold buyers in the UAE calculate the value of your scrap gold based on three main factors: purity, weight, and the current market gold rate. First, they test the purity of your gold using advanced methods such as electronic gold testing machines or XRF analysis. Gold purity is measured in karats (18K, 21K, 22K, 24K), and the higher the karat, the higher the gold content. This step ensures that customers who want to Sell used gold in Sharjah receive a fair and accurate valuation based on the actual gold content. Next, the gold is weighed using a precise digital scale. Only the net gold weight is considered, and stones or non-gold parts are usually removed before weighing. The weight is measured in grams and then multiplied by the current UAE gold rate for that specific karat. When you decide to Sell used gold in Sharjah, the final amount depends on the live gold price on that day, ensuring transparency and market-based pricing. Finally, professional gold buyers provide a clear br...