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FAQ

Questions and answers

Clear answers about how we value gold, release pledged gold and keep everything in plain sight.

Cannot find your question? Message us on WhatsApp at +91 63006 95591 and we will answer it.

Questions

Straight answers

How does ClearKarat value my gold?

We weigh your gold on a scale whose display faces you, take out the weight of any stones, lac or dirt, test the purity while you watch, and multiply the net weight by the purity and the day's gold rate. Each of those numbers goes on its own line of a written slip before you decide anything.

How is the purity of my gold checked?

Purity is tested in front of you and the result is explained to you, not just announced. The reading is written on your slip as a karat value such as 22K or 18K. You can read more about the common testing methods in our guide to how gold purity is tested.

Why are stones and dirt weighed out?

Stones, lac, enamel and dirt have weight but are not gold, so they cannot be paid for as gold. Removing them gives the net weight, which is the weight your price is based on. The deduction appears as its own line on the slip so you can see exactly what was taken out.

Do I have to sell my gold after it is weighed and tested?

No. You can say no at any step. Nothing is bought, melted or kept until you agree, and old gold you brought in goes straight back into your hands.

How do I release pledged gold with ClearKarat?

You tell us the lender, the loan amount and the approximate weight of your gold. We confirm the exact payoff with your lender and give you a written slip. If you agree, we buy your gold at the day's current market price, clear your loan with the lender, and pay you the money that remains.

What if my gold is worth less than my loan?

Then nothing would be left to pay you, and we will tell you so on the slip before you decide. Your pledged gold simply stays where it is with your lender and nothing changes for you.

What documents do I need?

A photo ID is needed for every sale. For pledged gold, also keep your lender's name, your loan account number and the pledge receipt if you still have it. If the receipt is lost, tell us and we will explain what your lender can provide instead. Bills or hallmark papers for old gold help but are not required.

How and when will I be paid?

The amount, the way you are paid and the timing are agreed and written on your slip before anything moves. You will also get a receipt for every rupee paid and every gram handed over.

Does the gold rate change during the day?

Yes, gold rates move through the day. The rate that counts is the one on your written slip, which is the rate used when your gold is weighed and tested in front of you. Ask us which rate is being used and where it comes from.

Do you buy gold without a bill or hallmark?

Yes. Old jewellery, coins, chains and broken pieces can be bought without a bill. Without a hallmark the purity is tested while you watch and the result is written on the slip.

Can I get my gold tested without selling it?

Yes. You can ask for weighing and testing and then decide. You are never obliged to sell.

Which areas do you serve?

Our address is near Manjeera Trinity Homes in Kukatpally, Hyderabad, and we serve customers across Hyderabad. We also serve customers elsewhere in India and abroad. Message us your city or country on WhatsApp and we will explain exactly how it works for you before you send anything.

How do I know this really is ClearKarat?

Our only WhatsApp and phone number is +91 63006 95591, our email is clearkaratcare@gmail.com, and our address is near Manjeera Trinity Homes, Kukatpally, Hyderabad 500072. We never ask for OTPs, UPI PINs, card numbers or bank passwords, and we never ask you to send gold or money before you hold a written quote.

Is my information safe?

The forms on this website do not store what you type. When you press send, your details go into a WhatsApp message on your own phone, and nothing is sent until you tap send there. Read our privacy policy for details.

Start with one message

See the weight. See the test. See the price. Then decide.

Send us a line on WhatsApp. We will tell you what we need, and you will not be asked to commit to anything.

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