Where does your gold go after you sell it?

Your gold doesn’t disappear; it goes through a structured process before it can be sold again.

Once you arrive to sell your gold, the first step is verification. We at Gulab Jewelry test purity (karat level) and net gold weight (weight left after removing stones or not-gold parts). This ensures gold is valued accurately and fairly to both buyer and seller.

Next comes separation and refining; most gold is not pure. It contains alloys, soldering and sometimes gemstones. That’s why the refining charges are applied for removal of these not-gold contents, especially for jewelry. Sealed and certified gold bars usually skip most of this step, which is why they receive higher payouts.

Next comes purification. The melted gold is refined into 24K gold either in grain or bar format. This purified gold becomes reusable raw material for making new jewelry, gold bars and coins, and industrial or investment use.

Over? No, not yet.

Refined gold is reintroduced into the supply chain. Your old jewelry might return as a new ring, a gold bar or a completely different design which someone might be wearing for their special moment. Your gold when mixed with others gold, can appear in 100 different designs.

That means every gram of gold ever mined is still being used today. Either in someone's gold bar as a secure asset, a piece of jewelry to help someone look and feel better, or in industrial machinery globally.