Essential Tips to Check Before Buying Gold Jewellery in India

In India, gold is not just jewels; it is an investment (where you invest your emotions along with your money) that has been passed down from one generation to the next. Whether you're getting married or finding ways to protect your money, if you know what to look for when buying gold, you won't end up making a mistake or overpaying.

The First Step in Buying Gold: Understanding Purity

Gold purity is, in a sense, like the DNA of your jewellery; it determines the quality, the price, and the authenticity of what you are buying. If you go out to buy any gold jewellery, then always check for the hallmark that ascertains the purity of the gold. The hallmark should include the following:

• The quality marking – 916 for 22-karat gold or 999 for 24-karat gold

• The HUID number – A unique six-digit code that assures authenticity

• The BIS logo – The Bureau of Indian Standards logo, indicating certified purity

• The jeweller’s identification mark – Ensuring the jewellery is from a trusted source

Just as you don't purchase a house without having the papers checked, never purchase any gold item without these crucial hallmarks present. They are really your assurance that you're getting just what you pay for, not something else.

Understanding the True Cost

Gold rates depend on the market, so they vary every day. However, the selling price of gold jewellery is not based solely on the market rate. Make sure you take into account:

• The base gold price – This is the daily market rate for gold.

• Making charges – These can range from 6-40% depending on the design complexity.

• GST and taxes – Applicable taxes that contribute to the final price.

Furthermore, by analysing the elements of the cost, you will be able to come to a more accurate conclusion. That, too, becomes important if you ever want to sell gold jewellery. And also want to sell gold for cash one day.

Weight Matters: The Foundation of Value

The weight of the gold in your jewellery directly affects its value. Before finalising your purchase, make sure to:

• Verify the net gold weight – Ensure you're paying only for the gold content, excluding stones or embellishments.

• Understand how making charges affect the total price – Heavier pieces might carry higher making charges.

• Consider the future value – If you ever wish to sell gold near me in Mohali, having a clear understanding of the weight and purity will help you assess its resale potential.

• Get detailed documentation. You can ask for an itemised list of the gold's weight and value so you can see exactly what you are paying for.

Quality Beyond Numbers

While purity and weight give you a solid understanding of the value, the craftsmanship of your jewellery can significantly impact its durability and aesthetic appeal. When examining the piece, make sure to check:

• The quality of the finish – Is the surface smooth and polished, or does it show signs of poor artistry?

• Stone setting security – Ensure that any stones are securely set and not prone to falling out.

• Durability of clasps and joints—Check that the clasps and joints feel sturdy, especially for pieces that will be worn daily.

• Overall design execution – A well-made jewellery is not only beautiful but timeless as well.

Protecting Your Investment

When buying gold jewellery you have to get some paperwork or something so that your investment is not wasted. With each purchase, one should get:

• A detailed invoice – It should include the weight, making charges, and taxes for clarity.

• A guarantee card - Assuring the quality of the piece.

• Buy-back policy - Your jewellery's return or exchange policy.

• A GST Invoice - Important for tax purposes.

• A hallmark certificate - A certificate of purity for further verification of your purchase.

Ready to Make Your Golden Investment?

At Jewel House Chandigarh, we combine tradition with transparency to provide certified gold jewellery with assured purity and quality. Our experts are available to guide you through your transaction step-by-step and help you maximise your investment savings. Remember, investing in gold is like building a legacy. Choose wisely, and let each piece of jewellery tell the story of smart investing and timeless beauty.