The Do’s And Don’ts Of Buying Gold Jewellery - Aura Jewels

We Indians are obsessed with golden jewellery. Whether it is Diwali or a wedding occasion, we are always ready to buy a little gold from the best jewellery shop in Bangalore. We just need a reason to shop for some gold. But, in all this excitement, we forget that one mistake we make while buying gold, means a good amount of fortune lost. To help you make the right choice, and to prevent you from making gold purchasing mistakes, we have made a list of the Do’s and Don’ts of buying gold jewellery.

The Do’s of buying gold jewellery

Check the purity – Make sure that you are buying pure gold. For this, you need to find the hallmark on the piece of jewellery, which will let you know the official proportion of gold used. Always opt for BIS-certified hallmark gold to confirm that you have made a genuine choice. You can also find the letter “K” which denotes the percentage of purity. 22K gold means 91.6% gold, for which the jewellery will be engraved with the number 916.

Cross-check the price – The price of gold is changing every day. Before making a purchase, educate yourself of the current gold price for that particular day. Then, when you choose a piece of jewellery, you will be in a condition to cross-check the final price.

Negotiate the making charges – Your jeweller will always tell you a higher making charge. But, you can always negotiate. You have the rights to bargain to get the best price on your piece of jewellery. The making charges are nothing but the labour cost involved to manufacture the piece.

The Don’ts of buying gold jewellery

Avoid stones – Avoid stone-studded jewellery when you are opting for gold. With the stones studded in the jewellery, it becomes difficult to assess the purity of the stones. However, if you are opting for them, be ready to pay a higher price as the making charges for stone-studded jewellery are more due to the intricate designs and patterns being labour-intensive.

Don’t exchange – Don’t get into the habit of exchanging your old jewellery with new ones. It is best to avoid selling gold jewellery only to get a new ornament. Nevertheless, even if you do, make sure to sell it to the store you bought it from. Most stores have a buy-back policy that ensures you get 100% of the net value of the gold. Thus, you only lose out on the making charges.

Don’t leave out the bills – Never buy gold jewellery without a bill! If you think that paying a tax on your gold purchase, and sharing your PAN card details is a pain, you should eliminate this thought. Buying a piece of gold without a bill may land you in trouble in the future, especially when you plan to exchange or resell the jewellery. So, always ask for the bill.

With these small precautions and care in mind, you will always land up buying a genuine piece of gold jewellery, which you will never have to repent over! So, make sure to follow these tips and make the best gold purchase from the best jewellery shops in Rajajinagar in Bangalore, one like Aura Jewels.

Suggested Tags: Timeless Jewelry Pieces For The Indian Woman, Guide To Buying The Perfect Men’s Jewellery, Investing In Gold – A Wise Decision Or Not, What Are Making Charges And Wastage Charges In Gold Jewellery