Where Do Jewelers Buy Gold | No Login

Most manufacturing jewelers buy gold directly from or specialized distributors.

Many independent and "mom-and-pop" shops obtain a significant portion of their gold by buying it directly from customers.

: Buying from established refineries like Johnson Matthey or Handy & Harmon ensures the gold's purity is certified.

: Instead of large bars, jewelers often buy "casting grain"—tiny, rice-sized pellets of gold. These are pre-alloyed into specific purities like 10K, 14K, or 18K, making them easy to melt down for custom molds.

Jewelers source their gold through a mix of high-volume industrial suppliers and local, "over-the-counter" acquisitions. The process generally follows three main channels: 1. Refineries and Specialized Distributors

: Jewelers typically buy "scrap" (broken or unwanted jewelry) at a percentage below the current market "spot" price.

Most manufacturing jewelers buy gold directly from or specialized distributors.

Many independent and "mom-and-pop" shops obtain a significant portion of their gold by buying it directly from customers.

: Buying from established refineries like Johnson Matthey or Handy & Harmon ensures the gold's purity is certified.

: Instead of large bars, jewelers often buy "casting grain"—tiny, rice-sized pellets of gold. These are pre-alloyed into specific purities like 10K, 14K, or 18K, making them easy to melt down for custom molds.

Jewelers source their gold through a mix of high-volume industrial suppliers and local, "over-the-counter" acquisitions. The process generally follows three main channels: 1. Refineries and Specialized Distributors

: Jewelers typically buy "scrap" (broken or unwanted jewelry) at a percentage below the current market "spot" price.

Frequently Asked Questions

No. Offer is applicable only on the above-mentioned Credit Cards.

Yes, the minimum spend amount mentioned in the above table needs to be met. If not, the offer will not be applicable, and your credit card will be charged for the availed amount.

For example,
Scenario 1: If a Skywards Infinite cardholder books Reel Cinema movie tickets in September 2021 and their total spend for the month of September 2021 was AED 5,000 or more; then they will be eligible for the offer.
Scenario 2: If a Skywards Infinite cardholder books Reel Cinema movie tickets in September 2021 and their total spend for the month of September 2021 was AED 4,000 then they will not be eligible for the offer and the tickets will be charged on their card.

If you exceed the maximum free ticket usage then your credit card will be charged with the excess usage charges.

Yes, Supplementary Card can also avail the offer. However please note, the maximum free tickets per month is including primary & supplementary cards.

For example,

Scenario 1: If Primary Skywards Infinite cardholder books 2 tickets and Supplementary Skywards Infinite cardholder books 1 more ticket then it will be considered as 3 free tickets utilized for the respective month. No excess charges will be leivied as it is within the max. free tickets per month limit.

Scenario 2: If Primary Skywards Infinite cardholder books 4 tickets and Supplementary Skywards Infinite cardholder books 2 more tickets then it will be considered as 6 free tickets utilized for the respective month and customer’s card account will be charged for the excess usage of 3 tickets.

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where do jewelers buy gold
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