Buying Gold: The festive season is about to come in India. In such a situation, the demand for gold also increases in the country. If you are also going to buy gold then definitely read this news.
Buying Gold: Buying gold from a jeweler in India can be an investment option. It is important to exercise caution to ensure that you are getting the best value for your money. You should buy gold only by
avoiding mistakes and taking complete information from the jeweler. It is important to be well prepared and alert to protect your investments.
Ask these questions and avoid mistakes while buying gold-
How pure is the gold? Understand the difference between 22 and 24 karat gold. 24 karat is pure gold, while 22 karat contains some alloy, which makes it more durable but slightly less pure. Gold purity is measured in carats. Generally 22 carat gold jewelry is the standard purity in India. Before buying gold, check its purity and see BIS hallmark.
How much is the making charge? When you buy gold jewellery, the price includes the cost of gold as well as the making charge. Making charge is the cost of designing and making the jewellery. Make sure you understand the making charges before buying jewellery, so that you don’t have to pay too much.
How much does gold weigh? It is also important to consider the weight of gold as this will affect the price. Make sure you check the weight of the gold yourself.
Why is it necessary to take bills? Always take the receipt or bill while buying gold jewellery. This will help you prove that you own the jewelry in case it is lost or stolen.
What is buyback policy? Some jewelers offer buyback policy on gold jewellery. This means that you can sell the jewelery back to the jeweler at a fixed price later. If you are considering buying gold jewellery, it is a good idea to check the buyback policy before buying.
