What documents do I need to sell gold?

You need a valid government-issued ID proof (Aadhaar Card, PAN Card, Passport, or Driving License) and the original purchase invoice if available. The ID is required as per RBI regulations.

How do you calculate the gold rate?

We follow the live market rates from MJDTA (Madras Jewellers and Diamond Traders Association). The rate is updated every 2 minutes during business hours. We deduct only ₹35 per gram as our margin from the 22K rate.

How is the purity of gold tested?

We use advanced XRF (X-ray Fluorescence) machines for non-destructive testing. This gives accurate purity readings without damaging your gold. The test is performed in front of you.

How long does the process take?

The entire process takes only 15-20 minutes. This includes documentation, gold testing, rate calculation, and payment. We value your time!

What types of gold do you buy?

We buy all types of gold including jewelry (necklaces, bangles, rings, earrings), gold coins, gold bars, broken gold, old gold, and even gold with stones. We buy 24K, 22K, 18K, and lower purity gold.

How do you pay for the gold?

We offer multiple payment options: Instant bank transfer (NEFT/RTGS/IMPS), UPI payment, or cash (subject to limits as per Income Tax rules). You choose what works best for you.

24K Gold:₹15,295/g

22K Gold:₹14,010/g

18K Gold:₹11,780/g

We Pay:₹13,860/g

✨₹15,000 Guarantee if you find better rate!

•

24K Gold:₹15,295/g

22K Gold:₹14,010/g

18K Gold:₹11,780/g

We Pay:₹13,860/g

✨₹15,000 Guarantee if you find better rate!

•

24K Gold:₹15,295/g

22K Gold:₹14,010/g

18K Gold:₹11,780/g

We Pay:₹13,860/g

✨₹15,000 Guarantee if you find better rate!

•

MSR Jewellery — Highest Paying Gold Buyer in Spencer Plaza

LIVE

5.0(24,792)

15+ Yrs

Sell Gold in Spencer Plaza

WE PAY THE HIGHEST IN CHENNAI•₹15K Guarantee

Today's MSR Rate (22K Old Gold)

₹13,860/g

24K: ₹15,295•22K: ₹14,010•18K: ₹11,780

09:37 AM today

*Call for exact quote

MSR Jewellery - Highest Paying Gold Buyer in Chennai

Why Visit Us Last?

1Visit Others

2Get Their Price

3Visit Us Last

TV Advertisers

~₹13,510

-₹350/gram less

Local Buyers

~₹13,710

-₹150/gram less

MSR Jewellery

₹13,860

HIGHEST ✓

₹15,000 Guaranteeif anyone pays more

“

Visited 4 jewellery shops before coming here. MSR paid ₹14,000 more than the highest quote I received.

— Lakshmi S., Anna Nagar

₹15K Guarantee₹15,000 Guarantee

XRF TestingXRF Testing

Instant PayInstant Payment

Free DoorstepFree Doorstep

Years Experience

Happy Customers

Google Rating

Reviews

₹0

Guarantee

அதிக விலைக்கான உத்தரவாதம்

Spencer Plaza-ல் பழைய தங்கத்திற்கு அதிக விலை

15+

Years

50K+

Customers

5.0★

Rating

₹15K

Guarantee

Gold Value Calculator

Calculate Gold Value in Spencer Plaza

Enter gold details for instant estimateEnter your gold details for an instant estimate in Spencer Plaza

Weight (Grams)

Purity

Type

Unit

Your Gold Value

₹1,38,600

Rate: ₹13,860/g|10g|22K

1 Savaran (8g) = ₹1,10,880

⚠️Important— rates shown may differ

Call our appraiser for exact rates → Compare with others → Visit us last

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

THE TRUTH ABOUT GOLD BUYING IN CHENNAI

Where Does Your Money Go?

Every day, people in Spencer Plaza lose ₹7,500 - ₹12,500 by selling to the wrong buyer. Here's a visual breakdown of where your money goes.

MSR Jewellery - Highest Paying Old Gold Buyer in Chennai

#1 in Spencer Plaza

See the Price Difference for 50 GramsPrice Difference (50g)

TV AdvertisersTV Ads

₹6,80,500

-₹12,500

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

MSRBEST

₹6,93,000

HIGHEST

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 feesCelebrity fees: ₹20L+

TV ads costTV ads: ₹25L+

You pay for ads

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

₹6,80,500

-₹12,500

Chain Stores

₹6,85,500

-₹7,500

BEST

MSR Jewellery

₹6,93,000

HIGHEST PRICE!

Your Savings: ₹7,500 - ₹12,500

Transparent Comparison

Compare Gold Rates in Spencer Plaza

Based on your 10g of 22K gold

TV AdvertisersTV Ads

Rate per gram

₹13,510/g

You would get

₹1,35,100

-₹3,500

- Heavy TV & newspaper ads

- Celebrity endorsements

- Higher deductions

Chain StoresChains

Rate per gram

₹13,660/g

You would get

₹1,36,600

-₹2,000

- Multiple showroom costs

- Staff + franchise fees

- Moderate deductions

Local BuyersLocal

Rate per gram

₹13,760/g

You would get

₹1,37,600

-₹1,000

- Inconsistent pricing

- No guarantee

- Manual testing only

Highest Price

MSR Jewellery

Rate per gram

₹13,860/g

You get

₹1,38,600

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

MONEY-BACK GUARANTEE

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

It's an open challenge. Compare us with any gold buyer in Spencer Plaza. 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 Spencer Plaza.

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

Valid: AnytimeSpencer Plaza

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 (Celebrity: ₹20L+)
TV Advertisement Cost (TV Ads: ₹25L+)
Result: Low Per Gram Rate for Old GoldLow rate for you

Low Marketing Spend

= High Old Gold Rate (Us!)

No celebrity: ₹0
No TV ads: ₹0
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 QuotationFinal Quote on Call

We give the final quote on call without seeing the jewels

We Pay What We SayWe Pay What We Say

Phone quote = what you receive in hand

No Step-by-Step BargainingNo Bargaining

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

18+ Years Experienced18+ Yrs Experience

Our appraisers have 18+ years of experience

Long-term RelationshipLong-term Trust

We make less profit to build trust

Quick ProcessQuick 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

Call Us

Get rate quote on phone

Visit or Doorstep

Come to branch or we visit you

XRF Testing

Purity check in front of you

Weight Check

Digital weighing you can see

Individual Quote

Separate value for each item

Final Amount

Clear breakdown shown

Your Decision

Take time, no pressure

Instant Cash

Cash/NEFT immediate

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 in Spencer Plaza and saved money

Thyahu

Anna Nagar • 45g sold

Saved

₹22,720

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

Ramesh

T.Nagar • 32g sold

Saved

₹15,800

"Got nearly equal to new gold rate."

Kishore

Pallavaram • 55g 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

What Spencer Plaza Customers Say

Real stories from people who compared and chose wisely

“Excellent service! Got the best rate for my old gold jewelry. The process was transparent and quick. Highly recommend Cash For Gold to everyone.”

Got ₹2,500 more than local jewellersSaved: ₹2,500

Rajesh Kumar

T. Nagar

“Very professional team. They explained everything clearly and gave me the best market rate. No hidden charges at all.”

Transparent pricing

Lakshmi Venkatesh

Anna Nagar

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

Convenient doorstep serviceSaved: ₹3,200

Mohammed Ismail

Velachery

“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 ChennaiSaved: ₹4,000

Priya Sundaram

Mylapore

2009 - 2026

17 Years of Highest Price

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

2009

The Beginning

Started in Vyasarpadi

2012

1K Customers

Word spread fast

2015

5★ Rating

Google recognition

2018

Porur Branch

West Chennai

2021

₹15K Guarantee

No one claimed!

2024

50K+ Customers

Most trusted

2026

Growing Strong

Expanding across Chennai

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

Nearest Branch to Spencer Plaza

Visit us for the best gold selling experience

Porur Branch

No.9, 2nd floor, Om sakthi nagar, 200 feet bypass road vanagaram, Near Porur Toll Plaza, Chennai - 600116

3.00 km from Spencer Plaza

Mon-Sat: 10AM-7PM | Sun: 10AM-4PM

Areas We Serve in Chennai

We serve all areas in Chennai. Doorstep service available.

We have branches in Porur and Moolakadai. For other locations we arrange free doorstep service.

FAQs About Selling Gold in Spencer Plaza

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

#1 GOLD BUYER IN SPENCER PLAZA

Highest Price = MSR Jewellery

Sell Gold for Cash in Spencer Plaza

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 in Spencer Plaza

₹13,860/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 Spencer Plaza

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

Real Savings by Real Customers

These customers compared us with others in Spencer Plaza and saved money

Thyahu

Anna Nagar • 45g sold

Saved

₹22,720

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

Ramesh

T.Nagar • 32g sold

Saved

₹15,800

"Got nearly equal to new gold rate."

Kishore

Pallavaram • 55g sold

Saved

₹28,000

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

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

Highest Price = MSR Jewellery

Sell Gold for Cash in Spencer Plaza

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 in Spencer Plaza

₹13,860/gram

(22K Gold - Updated Today)

₹15,000 GuaranteeXRF TestingInstant CashFree DoorstepNo Service ChargesGenuine Valuation

Most Trusted Cash for Gold Service in Spencer Plaza