Question 1

What types of bank auction gold are available?

Accepted Answer

Pledged gold ornaments, jewelry, coins, and related lots offered through bank gold loan recovery auctions.

Question 2

Is auction gold hallmarked?

Accepted Answer

Hallmark and purity details depend on the specific lot and bank notice. Confirm weight, purity, and documentation with the bank before bidding.

Question 3

How is gold auction pricing set?

Accepted Answer

Reserve prices are set by the bank based on weight, purity, and recovery terms. Market rates may differ — verify current gold rates independently.

Question 4

Can I inspect gold lots before bidding?

Accepted Answer

Inspection rules are set by the bank. Follow the auction notice and confirm with the bank contact listed for the auction.

Question 5

How do I buy gold from a bank auction?

Accepted Answer

Review the listing, complete KYC, submit EMD only via channels in the official notice, and participate on the auction date. eAuctions India does not collect EMD.

Gold Auctions

DCB Bank Plot Auction in Babajipura, Vadodara

Frequently Asked Questions