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5 THINGS TO KNOW BEFORE YOU BUY GOLD JEWELLERY


When one talks about gold, everyone has some inputs to put in or an opinion to voice. Gold is luxury for some but it is an intangible goodwill for others. Gold jewelleries are the most preferred aesthetics by the women in India. Gold jewelleries are available in Chennai in various forms like chains, bangles, bracelet, ear rings etc. It can sometimes take the entire income of a man to buy such an expensive product, so he should be very careful while investing in one. So here are a few things which should be considered before buying gold jewellery


#1. KARAT

The purity in gold is measured in “karats”. If a gold jewellery is 24 karats, then the concentration of gold in that jewellery is 99.9%. Each karat is equivalent to the gold concentration of 4.2%. The gold pieces of jewellery in India are usually made with 14k, 18k, 22k & 24k. One has to have a clear view of the purity of the gold while purchasing it. If the purity is less, the value of gold jewellery gets low as well, as there is a possibly for a low karat gold jewellery to be damaged or broken. Hence it is advisable to buy the jewellery which is either 22 or 24 karats. Hallmark is a symbolic representation of purity in gold, hence buy the gold which is a hallmark approved.


#2. MAKING & WASTING CHARGE


Gold jewellery is machine-made as well as man-made. One should know the price per gram of gold before moving into the process of buying the jewellery. The making & wasting charge is a kind of indirect charge which gets added to the price per gram of gold. Hence the gold which is being bought from the seller should provide a clear note of the making charges & the wastage charges. Some jewellery sellers add the price of wasting charge in price per gram as their profit. So, the gold jewellery should be purchased with the seller who offers less wastage & making charges.


#3. GOLD WEIGHT


The price of a gold jewellery is determined by its weight. Pieces of gold jewellery are made with some percentage of stones like emerald. In such cases the weight of the jewellery is increased without the addition of gold proportion. Hence, the weight should be checked whether it is included with the stones or without.


#4. SALES NUANCES


In Chennai, there are a lot of festival and auspicious days, which in turn is a plus side for gold jewellery sellers. During the festival days, gold prices get high and come back to normal in a short span of time. It is preferred to buy gold jewellery before or after the festival days.


#5. JEWELLERY SHOP


Many gold jewellery shops in Chennai. Always opt for a reputed jewellery shop. In some shops, pieces of jewellery are adulterated with copper. To be on the safer side, prefer the jewellery shop which has the BIS license which ensures the quality of gold that is being sold in a shop.

In India, a nation that is obsessed with jewellery, gold is not just a commodity, but a revered product due to the traditional values & the goodwill it holds. One should have numerous reasons to reject a jewellery shop or jewellery while planning to buy gold jewellery. What else do you think is important before buying gold?


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