24K Gold:₹16,026/g
22K Gold:₹14,680/g
18K Gold:₹12,008/g
We Pay:₹14,649/g
₹15,000 Guarantee if you find better rate!
24K Gold:₹16,026/g
22K Gold:₹14,680/g
18K Gold:₹12,008/g
We Pay:₹14,649/g
₹15,000 Guarantee if you find better rate!
24K Gold:₹16,026/g
22K Gold:₹14,680/g
18K Gold:₹12,008/g
We Pay:₹14,649/g
₹15,000 Guarantee if you find better rate!
LIVE RATE
24,792 Reviews
15+ Years #1 in Chennai

MSR Jewellery — Highest Paying Gold Buyer in Chennai

Gold Sale in Chennai

Sell Your Gold at the Highest Price Today

Today's MSR Rate (22K Old Gold)

14,649/gram
24K: 16,02622K: 14,68018K: 12,008
Rate updated at 09:40 AM yesterday

அதிக விலைக்கான உத்தரவாதம்

சென்னையில் பழைய தங்கத்திற்கு அதிக விலை

₹15,000 Guarantee
XRF Testing
Instant Payment
Free Doorstep
15+
Years Experience
50,000+
Happy Customers
5.0
Google Rating
24,792
Reviews
₹15,000
Guarantee
Gold Value Calculator

Gold Value Calculator — Gold Sale in Chennai

Enter your gold details for an instant estimate at today's live rate

g

Your Gold Value

1,46,490
Rate: 14,649/g|Weight: 10g|Purity: 22K
1 Savaran (8g) = ₹1,17,192

* Estimate based on live rates. Exact price after XRF purity testing.

Transparent Comparison

Rate Comparison — Gold Sale in Chennai

Based on your 10g of 22K gold

TV Advertisers

Rate per gram

14,299/g

You would get

1,42,990

You lose ₹3,500

- Heavy TV & newspaper ads

- Celebrity endorsements

- Higher deductions

Chain Stores

Rate per gram

14,449/g

You would get

1,44,490

You lose ₹2,000

- Multiple showroom costs

- Staff + franchise fees

- Moderate deductions

Local Buyers

Rate per gram

14,549/g

You would get

1,45,490

You lose ₹1,000

- Inconsistent pricing

- No guarantee

- Manual testing only

Highest Price

MSR Jewellery

Rate per gram

14,649/g

You get

1,46,490

Maximum value

XRF machine testing

₹15,000 guarantee

Instant cash payment

For 10g of 22K gold, you save up to 3,500 more with MSR Jewellery

THE TRUTH ABOUT GOLD BUYING IN CHENNAI

Where Does Your Money Go?

Every day, people in Chennai lose ₹10,000 - ₹20,000 by selling to wrong buyers. Here's a visual breakdown of where your money goes.

MSR Jewellery - Highest Paying Old Gold Buyer in Chennai
#1 in Chennai

See the Price Difference for 50 Grams

TV Advertisers
7,19,950

-₹12,500 vs MSR

Their Margin: ₹250/gram (TV ads + celebrity fees)

MSR JewelleryBEST
7,32,450

HIGHEST PRICE

Our Margin: Only ₹20-50/gram (no celebrity ads)

Your Extra Savings: 12,500

TV Advertisers

Celebrity ads + TV commercials

Their Margin

₹200-500

per gram

Celebrity fees: ₹20L+

TV ads: ₹25L+

You pay for their ads

Big Chain Stores

Showrooms + Staff + Overheads

Their Margin

₹100-300

per gram

High rent costs

Large staff

Multiple overheads

#1 BEST CHOICE

MSR Jewellery

Direct refinery + No middlemen

Our Margin

₹20-50

LOWEST IN CHENNAI!

No celebrity ads

Direct refinery

MAXIMUM to you!

What You Actually Get for 50 Grams

TV Advertisers

7,19,950

You lose ₹12,500

Chain Stores

7,24,950

You lose ₹7,500

BEST

MSR Jewellery

7,32,450

HIGHEST PRICE!

Your Savings: ₹7,500 - ₹12,500


MONEY-BACK GUARANTEE

Get Flat₹15,000/-If You Find Better Rate!

It's an open challenge. Compare us with any gold buyer in Chennai. If you find a better rate, we pay you ₹15,000 for wasting your time.

GUARANTEE CERTIFICATE

This certifies that MSR Jewellery guarantees the highest price for old gold in Chennai.

If any registered gold buyer offers more, we will pay₹15,000as compensation.

Valid: AnytimeLocation: Chennai

Authorized Signature

MSR Jewellery

We are Jewellers — NOT a Gold Buying Company

15+ years old jewellery store with direct refinery connections

Our Price is Higher Than 99.9% of Gold Buyers in Chennai

Including all others — 100% Guaranteed

High Marketing Spend

= Low Old Gold Rate

  • Celebrity Endorsement Cost (₹20,00,000+)
  • TV Advertisement Cost (₹25,00,000+)
  • Result: Low Per Gram Rate for Old Gold

Low Marketing Spend

= High Old Gold Rate (Us!)

  • No celebrity endorsements: ₹0
  • No TV advertisements: ₹0
  • Result: Savings go to YOU!

Things We Don't Do

No Bargaining

Our profit is just ₹20-50. Our first quote is final.

No Gimmicks

No complex calculations to confuse you.

No Indirect Charges

No service charges or testing fees.

No False Promises

We pay what we promise.

No Over Wastages

We deduct only for actual stones/enamel.

What Makes Us Different

Final Quote on Call

Get exact total value on phone itself.

100% Transparent

Individual quote for every jewel, XRF testing in front of you.

We Pay What We Say

The quoted amount is exactly what you receive.

Safe & Secured

15 years with 50,000+ customers.

18+ Years Experience

Our appraisers are gold experts.

On Call Final Quotation

We give the final quote on call without seeing the jewels

We Pay What We Say

Phone quote = what you receive in hand

No Step-by-Step Bargaining

We give best price directly, not low-to-high negotiation

18+ Years Experienced

Our appraisers have 18+ years of experience

Long-term Relationship

We make less profit to build trust

Quick Process

Immediate verification and cash payment

100% TRANSPARENT

XRF Testing — See the Purity Yourself

We use Computer XRF Testing which is 99.99% accurate. The testing is done right in front of you. You can see the exact purity of your gold.

  • Non-invasive testing — No damage to your jewellery
  • Instant results — See purity in seconds
  • You can watch the entire process
  • No guesswork — Exact karat value shown

Watch Your Gold Being Tested

Unlike others who take your gold to a "back room", we test everything in front of you. Complete transparency. No tricks.

"Will my ornaments get damaged?"

No! XRF testing is completely non-invasive. Your jewellery remains exactly as it was.

IMPORTANT WARNING

Don't Make This Costly Mistake

Most people in Chennai lose ₹7,500 - ₹12,500 because of these common mistakes

What Most People Do

  • Go to the first gold buyer they see on TV ads
  • Don't compare prices from multiple buyers
  • Trust the celebrity face without checking actual rate
  • Accept verbal quotes without written breakdown

Result: Lose ₹7,500 - ₹12,500

RECOMMENDED

The Smart Way

  • Call MSR Jewellery first - get our quote on phone
  • Compare with any other buyer in Chennai
  • See XRF testing + complete price breakdown
  • Get written invoice with all calculations

Result: Save ₹7,500+ more

Beware: Common Tricks by Some Gold Buyers

Quoting high rate, then deducting "testing fees"

MSR: We have ZERO hidden charges

Saying purity is lower than actual

MSR: XRF testing shows exact purity

Weighing with inaccurate scales

MSR: Digital scales, you can verify

Different rate after you arrive

MSR: Phone rate = Final rate

8 Simple Steps to Sell Your Gold

Transparent process from start to finish

1

Call Us

Get rate quote on phone

2

Visit or Doorstep

Come to branch or we visit you

3

XRF Testing

Purity check in front of you

4

Weight Check

Digital weighing you can see

5

Individual Quote

Separate value for each item

6

Final Amount

Clear breakdown shown

7

Your Decision

Take time, no pressure

8

Instant Cash

Cash/NEFT immediate transfer

Pro Tip: The Notebook Method

Before visiting any gold buyer, write down the weight of each item in a notebook. This helps you verify that the weight shown by the buyer matches your records. At MSR, we encourage this — transparency is our promise.

Real Savings by Real Customers

These customers compared us with others and saved money

Thyahu

Anna Nagar45g sold

Saved

₹22,720

"I compared all offers, MSR price was far away from all others"

Ramesh

T.Nagar32g sold

Saved

₹15,800

"Got nearly equal to new gold rate."

Kishore

Pallavaram55g sold

Saved

₹28,000

"They offered highest price. Entire process was seamless."

Average Savings: ₹200-300 per gram compared to others

24,792 FIVE-STAR REVIEWS

Customer Reviews

Real stories from people who compared and chose wisely

The best place to sell gold in Chennai. I compared rates with 5 other shops - Cash For Gold gave me ₹3,000 more!

₹3,000 more than competitors
M

Meena Raghavan

Nungambakkam

Fast and reliable. Completed the entire transaction in just 20 minutes. Will definitely recommend to friends.

20-minute service
A

Arun Prakash

Guindy

Sold my ancestral gold here. They respected the emotional value and gave me a great price. Thank you team!

Respectful service
S

Shanthi Krishnan

Kodambakkam

Good service and fair pricing. The staff was helpful and answered all my questions patiently.

Helpful staff
G

Ganesh Murthy

Adyar

I was skeptical at first, but they proved me wrong. Best rates in Chennai! The testing was done in front of me.

Best rates in Chennai
P

Priya Sundaram

Mylapore

Used their doorstep service. Very convenient! The executive was punctual and professional. Payment was instant.

Convenient doorstep service
M

Mohammed Ismail

Velachery

2009 - 2026

17 Years of Highest Price

From a small shop to Chennai's most trusted gold buyer

2009

The Beginning

Started as a small jewellery shop in Vyasarpadi with one mission: give highest price

2012

First 1,000 Customers

Word spread fast about our unbeatable prices across Chennai

2015

5 Star Rating

Achieved 5-star Google rating for our transparency

2018

Porur Branch

Opened second branch to serve West Chennai customers

2021

₹15,000 Guarantee

Introduced our famous guarantee - still no one has claimed it!

2024

50,000+ Customers

Became Chennai's most trusted gold buyer

2026NOW

Growing Strong

Expanding across Chennai with doorstep service in 149+ areas

17+

Years

of Excellence

50,000+

Customers

Served

5.0

Rating

24,792 Reviews

₹0

Guarantees

Claimed

Planning a Gold Sale in Chennai? Here Is What to Expect

If you have never sold gold before, the process might feel unfamiliar. At MSR Jewellery, we have designed every step to be transparent and efficient so you know exactly what is happening with your jewellery at all times. Here is what a typical gold sale looks like from start to finish.

Walk In at Your Convenience

No appointment is needed. Visit either of our branches — Porur or Sharma Nagar — during business hours (10 AM to 8 PM Monday through Saturday, 10 AM to 6 PM on Sundays). If you prefer selling from home, our doorstep service brings the complete testing setup to your location.

The 15-Minute Process

The entire gold sale takes about 15 minutes. First, your items are placed on a certified digital scale and you receive a printed weight slip. Next, each piece goes through the XRF machine, which shows you the exact purity reading on screen in real time -- no guesswork, no estimates. You watch every step.

Transparent Valuation

Once weight and purity are confirmed, we show you the calculation: current market rate, your gold's purity, the weight, and our margin (just ₹20-50 per gram). Everything is visible and explained before you agree. There are no hidden charges, no stone deduction surprises, and no last-minute changes.

Instant Payment

Once you approve the amount, you receive payment immediately. Cash for amounts up to ₹2 lakhs, or instant NEFT/RTGS for larger sums. You also receive a proper receipt documenting the weight, purity, rate, and total amount -- useful for your personal records and any future tax filing.

Gold Sale Rates in Chennai: Understanding the Numbers

Gold rates can be confusing, especially when different buyers quote different numbers. Understanding how pricing works helps you evaluate offers accurately and avoid being shortchanged during your gold sale.

Market Rate vs. Selling Rate

The market rate (also called the spot rate) is the price at which gold trades on commodity exchanges. This is the rate you see on news channels and financial websites. The selling rate -- what you actually receive -- is the market rate minus the buyer's margin. The size of that margin varies dramatically between buyers, which is why two shops can quote the same "rate" but pay you very different amounts.

The MJDTA Rate

In Chennai, the Madras Jewellers and Diamond Traders Association (MJDTA) publishes a daily reference rate for 22-karat and 18-karat gold. This is the benchmark most local buyers use. MSR Jewellery updates our rates multiple times throughout the day based on live MJDTA data, so you always get pricing that reflects the current market -- not yesterday's rate.

How Margin Works

Every gold buyer charges a margin -- the difference between the market rate and what they pay you. At MSR Jewellery, our margin is ₹20-50 per gram. Many competitors charge ₹200-500 per gram. On a 40-gram chain, that difference means you could receive ₹7,200 to ₹18,000 less at a high-margin buyer. Always ask about the specific per-gram margin, not just the headline rate.

How to Verify the Rate Yourself

Before visiting any gold buyer, check the current MJDTA rate online or on our website. When the buyer quotes a price, subtract it from the MJDTA 22K rate -- the difference is their margin. At MSR Jewellery, we display the live rate on our website and in our branches, so you can verify the calculation yourself before proceeding.

When Should You Consider a Gold Sale?

Selling gold is a personal financial decision, and there is no single right time for everyone. However, there are situations where a gold sale makes practical sense -- and some where it may be worth waiting.

Good Reasons to Sell

  • Emergency funds:Gold is a liquid asset. If you need cash for a medical expense, education fee, or business requirement, selling gold you are not wearing is often a better option than taking a high-interest loan. You avoid EMIs and interest charges entirely.
  • Upgrading jewellery:Many customers sell older pieces to fund the purchase of new designs. Rather than keeping outdated jewellery in a locker, converting it to cash and buying what you actually want to wear makes practical sense.
  • Consolidating small pieces:If you have accumulated several small items -- a broken chain here, a single earring there, a ring that no longer fits -- selling them together and using the funds for something useful is more practical than storing them unused.
  • Inherited or unused gold:Jewellery inherited from family members often sits untouched for years. If you do not plan to wear it or pass it on, converting it to cash or a more useful investment can be a responsible financial decision.
  • Damaged jewellery:Broken chains, bent rings, and pieces with missing stones still have full gold value. The gold content is worth the same whether the piece is wearable or not, so there is no reason to keep damaged items in a drawer.

When You Might Want to Wait

Avoid selling gold in a panic during temporary market dips. Gold prices fluctuate daily, but the long-term trend has been consistently upward. If you do not urgently need the funds, waiting for a stable or rising market can help you get a better price. Also consider whether the gold has sentimental value that matters more to you than its monetary worth -- once sold, it cannot be recovered. A thoughtful decision now ensures you will not have regrets later.

FAQs About Gold Sale in Chennai

Everything you need to know about selling gold

Free Rate Alerts

Get Notified When Rate Goes Up

Set your desired rate and we'll notify you instantly — never miss the best time to sell

Current rate: ₹14,649/gram

Free forever|No spam|SMS alerts coming soon
#1 GOLD BUYER IN CHENNAI

Highest Price = MSR Jewellery

Sell Gold for Cash in Chennai

அதிக விலைக்கான உத்தரவாதம் அளிக்கிறோம்

Trusted by 50,000+ customers. 15+ years of highest price record. We pay what we promise on phone call. It's our guarantee.

Today's Old Gold Rate

14,649/gram

(22K Gold - Updated Today)

₹15,000 GuaranteeXRF TestingInstant CashFree DoorstepNo Service ChargesGenuine Valuation

தங்கத்திற்கு அதிகபட்ச விலையை அளிக்கும் நம்பகமான நிறுவனம். 15 வருட நம்பிக்கை.

Most Trusted Cash for Gold Service in Chennai

© 2026 MSR Jewellery. All rights reserved. | Chennai's Most Trusted Gold Buyer Since 2009

Suganya from Alandur just sold gold haram and saved ₹7,500 compared to others

Verified customer