A New Platform for Gold Valuation Launched in the UAE

An old ring in a drawer or a bracelet inherited years ago; many may not know how much these gold items are worth today. Now, a new service in the UAE has made it possible to find out the price of gold without even having to leave home.

The online platform Sell Your Gold offers residents of the UAE free at-home gold appraisal services; with no minimum amount and without the customer being obliged to sell the gold after the appraisal.

During the visit, the expert weighs the gold in front of the customer and checks its purity with a special device. The initial price is calculated based on the current gold rate. If the customer agrees with the final price, the amount can be paid in cash at that time or through a bank transfer.

This service accepts old jewelry, chains, coins, and even just a single piece of gold, and according to the founders, most visits are completed in less than 30 minutes.
 

Special offer: To view the current gold price in Dubai, click on the link.

Of course, the initial price is not the final sale amount. After weighing and purity testing, the final offer is determined, and the company charges a fee as a purchase deduction, which is explained to the customer before the sale is finalized.

If the customer is not satisfied with the price, they can reject the offer without selling. To complete the transaction, providing an Emirates ID is necessary, and the company issues an official invoice for each sale.

This business, backed by Al Fujairah Jewellers LLC, aims to open its first physical store in Dubai; although the location and opening date have not yet been announced.
Source: Gulf Times