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Allah's Messenger (ﷺ) prohibited us. The rest of the hadith is the same.
Sahih Muslim Book 22, Hadith 113
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It is to be made on the spot. This is what I heard (from Allah's Messenger (may peace be upon him ).
Sahih Muslim Book 22, Hadith 112
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A necklace having gold and gems in it was brought to Allah's Messenger (ﷺ) in Khaibar and it was one of the spoils of war and was put to sale. Allah's Messenger (ﷺ) said: The gold used in it should be separated, and then Allah's Messenger (ﷺ) further said: (Sell) gold for gold with equal weight.
Sahih Muslim Book 22, Hadith 114