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Important News! Five things to keep in mind before buying gold on Dhanteras, details here

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Gold Buying: Apart from jewellery, you can also buy gold in these 5 ways, know the benefits here

Dhanteras 2021- This year Dhanteras (Dhanteras 2021) or Dhantrayodashi will be celebrated today i.e. on November 2, 2021. Dhanteras means wealth and prosperity. Gold, silver and utensils are bought on this day. This day marks the beginning of Diwali and is considered an auspicious day to invest in gold and other precious metals.


New Delhi. This year Dhanteras (Dhanteras 2021) or Dhantrayodashi will be celebrated today i.e. on November 2, 2021. Dhanteras means wealth and prosperity. Gold, silver and utensils are bought on this day. This day marks the beginning of Diwali and is considered an auspicious day to invest in gold and other precious metals.

Let us tell you that the demand for gold or silver increases every year because Indians come on this auspicious day to buy the yellow metal in the form of jewelery or coins. Gold shops or jewelery shops also give some special offers or discounts to attract customers. If you are planning to invest in gold this year.. then here are 5 important things which you should keep in mind…

1. Determination of Gold Prices

It is based on the purity of gold i.e. it varies according to the quality of the gold. 24-karat gold is the purest quality and therefore charged the highest. While buying gold, one should be aware of the current price of the yellow metal as it changes every day depending on the market rate. All jewelery stores display daily gold rates for consumers.

2. Always Buy Hallmarked Jewelery

Hallmarked jewelery guarantees the purity of gold, hence it is considered safe to buy. Hallmarking is the process of verifying the purity of gold. Bureau of Indian Standards (BIS) is the agency to certify hallmarked gold.


3. Know the level of accuracy

The purity of gold is expressed in carats, as 24 karat gold is considered to be 99.9% pure, while 22 karat gold is 92% pure. While buying gold or any gold jewelery always check its purity and pay the price accordingly.

4. Check Making Charges

Making charges are labor charges levied on gold jewellery, which depends on the type and design. Explain that machine-made gold jewelery is cheaper than man-made jewelery as it consumes less labor. While many jewelery stores offer a certain discount on the making charges. It is advised to check the offers and making charges once before buying the jewellery.

5. Check Exact Weight

Most gold jewelery in India is sold by weight, although precious stones like diamonds and emeralds make it heavy. Therefore, check the exact weight of the gold along with the full weight of the jewellery. Whenever you are buying gold, keep this in mind, then definitely check its weight. Keep in mind that you are not buying any groceries because it is a very valuable thing. If the weight fluctuates even a bit, then it can cause a lot of problems. You may find it expensive to buy gold.


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