Before you sell your old gold jewellery in the Sarafa market, you need to understand Khaat (wastage) deductions.
What is Khaat?
When you sell old 22K gold jewellery back to a jeweller in Pakistan, they will never pay you the exact 22K spot rate. Instead, they apply a deduction known as "Khaat" (wastage or melting loss). This typically ranges from 2% to 5%.
Why Do Jewellers Deduct Khaat?
Jewellers argue that old jewellery contains impurities, solder, and dirt. When melted down to create new ornaments, some weight is inevitably lost. The Khaat covers this theoretical loss.
How to Minimize Deductions
To get the best resale value, always try to sell your jewellery back to the exact same jeweller who made it, and always keep your original purchase receipt. Many jewellers offer a 100% exchange value (zero Khaat) if you are buying a new piece from them.