Selling gold has always been a trusted way to get money quickly. Whether it is an old necklace, a broken chain, or pledged gold you want to release, many people will turn to the internet for help. You search online for gold buyers in Bangalore, hoping to find a trusted buyer.
But in 2025, you need to be more careful than ever. Scammers are using smart tricks to fool people. They create fake websites, mobile apps, and even videos to make you believe that they are real. But once you fall for the trap, you could lose your gold or your money. Here is a simple and clear guide to help you understand the new scams and how to stay safe.
Table Of Contents:
What is Changed in 2025?
In the past, gold scams were easy to spot—fake calls, poor-quality websites, and strange emails. But not anymore.
Today, scammers use the same tools as real businesses. They create clean websites, use chatbots to answer your
questions, and even make videos of customers who look very real.
Many people searching for
where to sell gold nearby are in a hurry
or in need of cash. Scammers know this and use it to their advantage. That is why it is very important to pause,
do a little research, and know what to watch out for.
1. Fake Gold Buyer Websites
This is the most common scam. You search online for best gold buyers and find a website that looks great.
It shows customer reviews, nice photos, and offers high gold rates. They may even offer to send someone
to your home for free pickup.
But after you hand over your gold, they disappear. Their phone numbers stop working and their website goes offline.
By the time you realize that it is a scam, it is too late.
How to stay safe:
- Only deal with companies that have a real shop address and who can be found on Google Maps.
- Check for reviews that look real and avoid websites with no local contact details or with fake reviews.
2. Fake Customer Videos
You visit a gold buyer’s website and see many videos of smiling people talking about how they sold their gold
and got a good price. But here is the truth: many of these videos are fake.
In 2025, scammers will use software to create fake people (called deep fakes). These videos look very real,
but they are made by computers. The people you see never actually sold their gold.
How to stay safe:
- Do not trust videos alone. Look for written reviews on Google and social media with real photos and names.
- Ask your friends or family for recommendations before visiting a gold buyer.
3. Mobile Apps That Steal Your Info
Some apps now say that they can scan your gold and tell you how much it is worth. Sounds smart, right?
But most of these apps are fake. They do not really check your gold—they steal your data.
These apps may ask you for permission to read your messages, access your location, or connect to your payment apps.
That is very risky.
How to stay safe:
- Do not install unknown apps, especially if you saw them on ads or pop-ups.
- The value of your gold should always be checked in person using proper machines like XRF analyzers.
4. Pledged Gold Release Scams
Many people search for
pledged gold buyers in Bangalore because they want
help to release gold from a bank, pawn shop, or finance company. Scammers take advantage of this.
They promise quick help, ask for a small advance fee, or send a QR code for processing. After payment, they disappear.
In some cases, they collect your documents or gold receipts and misuse them.
How to stay safe:
- Never pay any money before meeting the gold buyer or visiting their office.
- Only deal with companies who provide clear paperwork and bills.
5. Too Good To Be True Offers
If someone offers you a price much higher than the market rate, be careful. Some scammers use this trick to make
you trust them. Once you agree, they add hidden charges or change the weight of your gold during testing.
They may even say your gold is mixed or impure just to lower the final price.
How to stay safe:
- Compare prices with at least 2-3 gold buyers before selling your gold.
- Choose buyers who test the gold in front of you, without melting or damaging it.
Hema Jewellers
Hema Jewellers is the best place to sell gold in Bangalore. We offer you fair prices and transparent evaluation by making sure that your gold is tested right in front of you. Our process is completely honest, with no hidden deductions or false promises. Whether you are selling old gold, broken jewellery, or pledged gold, we make sure you get the highest possible value based on the current market rate.