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Things to know before buying gold Jewelry

 Silver and gold are the two precious metals people of India love to buy and invest in. Buying silver and gold is not only for jewelry purposes but also as a kind of investment by the Indian people. When we look for fashion accessories, Indian people look for gold and silver jewelry only rather than other metals. Therefore, whether it is birthday parties, weddings, festivals, or any other occasion, you get to see Indians wearing gold and silver jewelry.


Diwali is the festival of light in which almost every Indian buys silver and gold jewelry as a sign of wealth, lights, and prosperity. As both of these metals hold a lot of cultural and religious significance that is why India is the largest importer of gold across the globe. People of every age buy and invest in gold jewelry.However, people's emotions are connected with gold jewelry so it is really important to buy authentic gold jewelry. 


Therefore, keeping the originality of the gold below given are 5 important things which you must keep things in mind while buying gold jewelry:-


1.Purity of Gold


The purity of gold is known by the Karats. Therefore, 24 karat gold means it has 99.9% purity in it. Every karat is equal to 4.2% of the gold that means 14-18 karat contains about 58.33% and 75% pure gold. Pure gold is never used to make gold jewelry because pure gold jewelry can easily break down. Therefore, this is the reason why almost all jewelers use 14, 18, and 22 karat gold. 


Moreover, whenever you are looking to buy gold jewelry make sure it is pure so that you cannot waste your money just like that. For the purity reason, you must check the hallmark on the jewelry.


2.Per gram price of gold


Gold prices can increase or decrease every day or every minute so you should make sure to check the current price of the gold in the market. However, now you can look over the internet for the price of gold per gram. In all these situations jewelers must tell the current gold price to the customer when customers are buying it.


Other than this, make sure that you will pay for the gold only which you are getting means some customers diamonds, emerald and precious stones in the jewelry so they must tell or count the weight of gold only not of the stones. Therefore, avoiding being overcharged by the seller.


3.Making Charges


When you are buying any gold jewelry it is obvious that making charges are included in it. Making charges depends upon the current gold prices therefore, some jewelers can deceive into paying more charges. Therefore, you must insist the jeweler decrease the making charges which is a good way to buy gold at a lesser price.


4.Hallmark on the jewelry


Make sure to check the hallmark on the gold jewelry for purity purposes. Therefore, jewelry having a BIS mark on it can be assured because this jewelry has been made by the Bureau of Indian Standards. You must check some of the important things on jewelry like:-

  • BIS mark

  • Fineness

  • Recognition number of jewelry


5.Get billing and details of jewelry


This is mandatory in all kinds of shopping, especially in gold and silver. Make sure to get the detailed bill having all the information about gold and all the metals which are present in the jewelry including the costing.


6.Terms and conditions of buying back jewelry


When buying the jewelry some of the buyers have to buy back terms which you need to understand and get clear with. So that at the time of selling jewelry you will get a good price. Therefore, discussing buying back with the jewelers will help you in the future to get a good price of gold.


7.Buying gold at right time


At the time of festivals and occasions, gold prices are likely to get hype up. Therefore, you must buy gold or silver in the off-season. So that at that time you will get a good discount and get jewelry at a lower price.
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