How to Sell Old Gold in Kuwait for the Best Price
By Editorial team ·
Selling old jewellery in Kuwait is simple, but offers can vary between shops. Knowing how the price is calculated protects you from low offers.
How shops value used gold
The shop weighs the item, confirms the karat and multiplies by today's raw price, then deducts a margin. The making charge you paid originally is not refunded. See today's buying prices on the used gold price page.
Before you sell
- Check today's rate: 21K 35.043 KWD, 22K 36.711 KWD, 18K 30.037 KWD per gram.
- Bring the original invoice if you have it – it speeds up the purity check.
- Ask at least two shops for an offer.
- Consider exchanging for new jewellery if the shop offers a better rate for exchange.
Common deductions
Expect deductions for stones (they are removed from the weight), damaged pieces and low-karat items. A reputable shop will weigh in front of you.
FAQ
Do I need an ID to sell gold in Kuwait?
Shops normally ask for your civil ID when buying gold from customers.
Why is the selling price lower than the buying price?
When buying you pay gold + making charge; when selling you get the gold value minus a margin.
