What you need to check while buying gold jewellery?

What you need to check while buying gold jewellery?

India really likes gold. We're known for it worldwide, and it's not up for debate. When we talk about buying gold, we usually mean gold jewelry. For most Indians, it's not just an investment, but also something we wear to look good. We like showing it off whenever we can. If you look at an Indian woman's clothes and jewelry collection, you'll almost always find some gold jewelry.

On average, Indians, whether in India or abroad, buy a lot of gold jewelry. There are so many jewelry stores in India as proof of this. We think we're experts at buying gold jewelry because we love it so much. But is that true? Not really, especially when you think about how much fake gold jewelry is sold in India. Many people discover, to their surprise, that they've been tricked into buying fake gold jewelry instead of high-quality pieces. To make sure you're buying real gold jewelry and not wasting your money, keep reading here are some of the key things you need to check:

Purity of Gold

Gold jewelry is typically available in different purity levels, commonly expressed in karats (e.g., 24K, 18K, 14K). The higher the karat, the purer the gold. 24K gold is 99.9% pure, while 18K is 75% pure, and 14K is 58.3% pure. Ensure you understand the karat of the jewelry you're buying and whether it suits your preferences and budget.

Hallmarks and Stamps

Look for hallmarks or stamps on the jewelry piece. These markings indicate the purity of the gold and are often required by law. Familiarize yourself with the hallmark symbols used in your country.

Weight

Determine the weight of the jewelry in grams. The price of gold jewelry is often based on its weight, so knowing the weight will help you assess its value and compare prices.

Design and Style

Consider the design, style, and craftsmanship of the jewelry. Ensure it meets your aesthetic preferences and suits the occasion or purpose for which you're buying it.

Gemstones

If the jewelry features gemstones, assess their quality, color, clarity, and cut. Make sure they are securely set and examine them for any visible flaws.

Pricing

Get quotes from multiple reputable jewelers to compare prices. Be wary of deals that seem too good to be true, as they might involve low-quality or counterfeit gold.

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