10 days back I went to Joy Alukkas, Chrompet, Chennai branch for buying one bangle with the exchange of one old gold ring.
They checked the purity of the old gold ring and they said it is 22K gold and you will get the same gold rate.
I agreed for that and they melted the old ring. After finalizing the price, they reduced 10% on my old gold. I asked the reason and they said this is their general practice.
It is really cheating. If they would have told in the beginning, I wouldn't have given my old ring for excahnge. Was this information helpful? | 
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