There are instances when GSC tested a client’s jewellery, the purity was lower than what was indicated on hallmark it bears. For example, the hallmark on the jewellery indicates 916, this means the piece of jewellery is supposed to contain at least 91.6% of pure gold. But the authentication result might come out as 88 ~ 90% only. This often happens to jewellery that is bought long time ago or if it was bought overseas.

It might be due to the poor quality control compared to how it is done presently or it is not as stringent as how it is done in Singapore. To protect ourselves as a consumer, we suggest purchasing from reputable and responsible jewellers/goldsmiths at the same time keeping the receipt of purchase.

Purchasing from jewellers /goldsmiths that have already sent their jewellery to Singapore Assay Office for assaying and hallmarking would be a good choice as you are assured of quality. Singapore Assay Office (SAO) is an independent test laboratory that tests precious metals such as Gold, Silver, Platinum and Palladium purity since 1975. The jewellery tested will bear SAO mark which is a lion’s head. You may read here for more information.

Maya

Here in GSC we believe in being ethical and transparent in our business dealings in view of maintaining a long-term business relationship with our clients. We appointed authorised verifier CSD Industries Pte Ltd who are registered under Consumer Product Safety and Accuracy (CPSA) System, Weights and Measures Programme to inspect and verify our weighing scales annually. The verifier will calibrate the scales and place an Accuracy Label sticker on it, indicating the date it was verified. You can refer to the list of the authorised verifiers at https://cpsa.enterprisesg.gov.sg/totalagility/forms/cpssite/PUBSearchAV.form

During the selling process of your used jewellery with us, our friendly staff will invite you to witness the weighing of your jewellery and a printout slip of the weight you witnessed will be attached to your purchase order. This is to provide checks and balances and to ensure that our clients are getting paid for the full weight of their Gold sold to GSC.

Maya

White Gold is made of a mixture of pure Gold and white metals such as nickel, silver and palladium, usually with a rhodium coating. Rose Gold is made of pure Gold mixed with copper and silver alloys. The more copper used, the redder the Gold appears.

The karat we commonly see for both white and rose Gold are 18K (75% gold + 25% other metals) and 14K (58.5% gold + 41.5% other metals). So both White Gold and rose Gold are real Gold just that they have a lesser Gold content. The other metals are added to help strengthen the Gold, give it the desired colour and increase its durability as a jewellery.

As white Gold and rose Gold looks more modern and fashionable, it is usually designed exquisitely with precious stones or diamond settings to meet the changing preferences of consumers. Hence the retail price is most of the time even higher than 24K (99.9% Gold) and 22K (91.6% Gold) yellow gold in per gram basis but the sellback value is lower due to the lesser percentage of gold content, resulting in a wider buy/sell spread. These are the reasons behind the misconception from consumers that white and rose Gold are not Gold and are not worth anything. They are so wrong!

Here at GSC, we take in Gold of different purities, from 9k (37.5% Gold) to 24k (99.9%). You can visit us at (https://www.goldsilvercentral.com.sg/sell-gold-jewellery-highest-prices-singapore-goldsilver-central/) to view the live Gold prices per gram that we will be buying them back at!

Please reach us at enquiry@goldsilvercentral.com.sg or call us at +6562229703 if you do have any further queries and we will be more than happy to be of assistance!

Maya