Auric Jewels

Buying diamond jewellery is a significant investment — but what happens when you want to upgrade, change styles, or simply liquidate? The exchange and buyback policy is one of the most overlooked factors in jewellery buying, yet it can mean the difference between retaining 80% of your investment or losing 40%. This guide from Auric Jewels compares exchange policies across Gurgaon showrooms and explains what to look for before you buy.

Why Exchange Policy Matters

Your jewellery needs change over time. An engagement ring might need upgrading for an anniversary. Bridal necklaces might be redesigned to match current trends. Children grow out of baby bangles. Tastes evolve from traditional to contemporary. A good exchange policy means your jewellery investment is never "stuck" — it evolves with you.

Types of Jewellery Exchange Policies

Gold Exchange

When you exchange old gold jewellery for new, the jeweller deducts the pure gold value from the new piece's price. You pay only the difference (plus making charges on the new piece). The key variable: at what rate does the jeweller value your old gold?

Best: Full prevailing gold rate for verified purity (100% gold value)
Common: 90-95% of prevailing rate after deducting "testing charges"
Worst: Arbitrary below-market rate with no transparency

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At Auric Jewels, old gold is valued at 100% of the prevailing rate for verified purity — with purity testing done in your presence using XRF technology.

Diamond Exchange

Diamond exchange is more complex than gold. The value of a diamond depends on certification, condition, and the current market for that specific grade. Policies vary significantly:

Best (Auric Jewels): Full certified diamond value credited toward a new, higher-value purchase. You pay only the difference.
Common: 60-70% of original diamond value credited. Some chains deduct "depreciation."
Worst: No diamond exchange — the diamond has zero resale value at the selling jeweller.

Buyback (Cash Liquidation)

Buyback means the jeweller buys your jewellery back for cash — not credit toward a new purchase. Buyback rates are always lower than exchange rates because the jeweller needs to resell or melt the piece. Typical buyback values:

Exchange Policies at Gurgaon Showrooms

What to Ask Before Buying

Get the Exchange Policy in Writing

Verbal promises mean nothing. Before purchasing, ask for the exchange policy in writing — ideally printed on the invoice itself. At Auric Jewels, our lifetime exchange commitment is printed on every invoice and displayed in the showroom.

Understand the Conditions

Common conditions that reduce exchange value:

"Same brand only" — you can only exchange at the showroom where you bought
"Higher value only" — you must buy something more expensive, not equal or less
"Within X years" — exchange expires after a time period
"Excludes making charges" — old piece's making charges are deducted
"Minimum pieces" — you must buy at least 2 pieces to exchange 1

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At Auric Jewels, our policy is simple: exchange at full gold value, any time, with no conditions on the new purchase value. Upgrade or change styles freely.

Keep Your Certification Reports

For diamond jewellery, the IGI or GIA certification report is your proof of quality. Without it, the exchange value of your diamond drops dramatically. Store your certification reports safely — ideally in a separate location from the jewellery itself.

The Auric Jewels Lifetime Exchange Promise

Gold: Exchange at 100% of prevailing gold rate for verified purity
Diamonds: Full certified diamond value credited toward any new purchase
No time limit: Exchange is valid for the lifetime of the jewellery
No conditions: No minimum purchase requirement, no brand restrictions
Free assessment: We evaluate your jewellery in your presence using professional equipment

Frequently Asked Questions

Exchange or Upgrade at Auric Jewels

Visit our showroom at 201, Greenwood Plaza, Greenwood City, Sector 45, Gurugram, 122003. Open 10 AM to 8 PM, seven days a week. Call +91 90124 95941 or visit www.auricjewels.com.

Diamond Jewellery Exchange & Buyback Policy — What Gurgaon Showrooms Offer