24K price /g ₹13,964 + 27 22K price /g ₹12,800 + 25 18K price /g ₹10,475 + 20 Loan you get /g ₹11,520 Sell gold, we pay /g ₹12,800

About the business

First Money Gold buys used gold and gives gold loans in Tamil Nadu

First Money Gold (FMG) is a pawn and used-gold business. You can sell old jewellery for cash, or pledge it and take a loan, at a branch counter. The website shows today’s rates, a loan estimate, and the branch addresses. The cash you receive is decided only after the gold is weighed and tested in front of you.

What you can do at a branch

  • Sell used gold. Bring chains, bangles, coins, broken pieces, or single earrings. We test the metal and pay you for the gold content. Stones and making charges are not paid as gold.
  • Take a gold loan. The loan amount depends on the tested weight and purity, and on the loan-to-value we are offering that day. Interest is charged as shown on your pawn ticket. A figure on this website is an estimate, not an approved loan.
  • Move a pledge from another lender. If your gold is already pledged, bring the current loan papers. We tell you whether a takeover is possible only after we see the outstanding amount and test the gold.
  • Buy tested used gold. Some branches sell used ornaments after testing. Ask the branch what is in stock that day. We do not ship jewellery from the website.

How a visit works

  1. Call or WhatsApp +91 63806 30242, or walk into a branch.
  2. Carry the gold and a photo identity proof. A loan also needs the details required under the Tamil Nadu Pawn Brokers Act, 1943.
  3. The officer weighs the item and tests the purity on the counter. You can watch this step.
  4. You get a written figure for a sale or a loan. You can refuse it and take the gold back.
  5. If you accept, you receive cash or a transfer, and a receipt or pawn ticket with the weight, purity, amount, and interest.

Branches

Head office: Usman Road, T. Nagar, Chennai 600017. Counters also operate in Theni (opposite the new bus stand), Batlagundu (Kaliamman Temple stop), Nilakottai (opposite the bus stand), Dindigul (near the clock tower), Coimbatore (Cross Cut Road, Gandhipuram), Madurai (West Masi Street), Salem (Junction Main Road), Trichy (Thillai Nagar), and Tirunelveli (SN High Road). Call before you travel if you are carrying a large lot, so a valuer is at the counter.

For 40 grams and above, a valuer can visit homes in Theni, Batlagundu, Nilakottai, Dindigul, and Chennai. Home visits are by appointment. The same test-and-receipt steps apply.

What this website is

firstmoneygold.com publishes the day’s gold rates, explains our loan and purchase process, and lists branches. It is not a bank, not a stockbroker, and not a place to buy investment advice. Rates on the page follow the bullion price and can change during the day. The branch receipt is the document that records your deal.

Questions about a visit, a pledge, or a listing on the gold marketplace go to the contact page. How we handle website data is in the privacy policy. The rules for quotes and listings are in the terms.

Chat with Us