How to recycle your unused gold?

In this video, Hansi Mehrotra talks about the various ways to utilise gold jewellery that you don’t wear anymore. One way to do so is by recycling it. However, there are certain things to be mindful of when recycling your jewellery – its purity, the weight of gold, weight of the stones, making/wastage charges etc. One could also take a loan against gold from a bank or NBFC. She then talks about how unused gold can be deposited under the Gold Monetisation Scheme to earn tax-free interest.